Key Market Indicators
Demand for bicycles in Malawi is set to reach 170,000 units by 2026, up from 155,000 units in 2021. This represents an average annual growth rate of 1.5% since 2005. Supplies of Malawian bicycles increased from 167 units in 2016 to 222 units in 2017, representing an increase of 32.9% from the previous year. Since 2002, Malawian bicycle exports have grown by an average of 21.5% annually.