BRUSSELS, Belgium - The market correction in Europe for bicycles and e-bikes returning to pre-pandemic levels is still ongoing. The exceptional surge in demand in 2020-2021, followed by supply chain constraints, demanded a maximum level of flexibility and resilience of the industry. The downward trend in volume on all levels continues to unfold, revealed by the latest European Bicycle Industry & Market Profile - published by industry confederation CONEBI.

ZEIST, The Netherlands - Will the European e-bike market ever reach the market share of 70%-80% that industry insiders dreamed of during the boom years of 2017-2019? An overview of e-bike market share by sales volume in Austria, Germany, the Netherlands, France, Italy, the United Kingdom, Spain and Switzerland clearly shows a slowdown in sales and even a contraction in some markets.

BRUSSELS, Belgium - That 2024 was a challenging year for European e-bike markets is no secret. How bad though, is now revealed in the latest EU e-bike import statistics published by Eurostat. The volume of e-bikes imports dropped 27% year-on-year to 642,000 units, slipping below the pre-covid level of 705,000 units in 2019. The import value fared even worse, with a 33% drop year-on-year.

BRUSSELS, Belgium - E-bikes have become the top electric vehicle choice for European consumers, offering mobility, leisure, and health benefits. The e-bike also brought the much-wanted reshoring of production: e-bikes for European markets are predominantly made locally. While the e-bike continues to gain ground, bicycle sales have slipped away.

BRUSSELS, Belgium - The bicycle industry is eagerly waiting better times. Although some insiders noted slight changes in the market in a positive direction at Taipei Cycle Show this month, leading indicators are not showing any sign of that. The ratio of bicycles shipped to Europe from various countries has changed significantly in 2023 as a result of the current market conditions.

ZEIST, the Netherlands - "The market is returning back to a normal situation of pre-2020." This is a much heard comment on the current disruption of the market. The European e-bike import statistics show the market is currently in a free fall downwards, indicating that its worse than "going back to normal."