The Bulgarian bike sector is steadily developing these days despite the existing challenges and a serious overstocking in the local market. In fact, the industry and major local manufacturers have gone through an extremely dynamic and challenging period. After the euphoria of pandemic sales, the sector has faced supply chain disruptions, overstocking and macroeconomic headwinds. Despite the decline in sales volumes, the trend toward electric bicycles and micromobility offers some optimism, with the European market expected to double by 2030.

SOFIA, Bulgaria - The initial decline in production at the start of the pandemic followed by a huge demand, disrupted the Bulgarian industry. A quick response to the rapidly changing situation benefited most of the Bulgarian manufacturers.

PLOVDIV, Bulgaria - The newest e-bike producer in Bulgaria is Cross Ltd. The company recently opened a new facility focused on the production of e-bikes in Montana. Mid-2017 Leader 96 Ltd opened the company's second bike factory which is located near Plovdiv.

SOFIA, Bulgaria - Supplying close to one million units to European countries, Bulgaria is already an important manufacturer of bicycles and e-bikes

The Bulgarian bicycle industry is using all of its USP's and is increasing its power in the European market. Export has grown by 6.7% in 2015. This year,

SOFIA, Bulgaria - Bulgaria and Romania combined are among the most important bicycle suppliers for European countries. Together they exported 1,287 million units in 2014, most of them to Germany, France, and Belgium. At the same time domestic markets are growing in both quality and numbers.