Key Market Indicators
Ukrainian bicycle imports are projected to hit 469,080 units by 2026. This would mark a 1.2% growth rate each year, beginning from 437,300 units in 2021. Since 2005, demand has risen by 18.6% annually. Meanwhile, Ukrainian exports of bicycles skyrocketed in 2018, when they reached 521 units. This marked a 126.5% increase from 2017's 230 units. Since 2005, however, the country's supply has decreased by 45.2% each year. In 2018, Ukraine placed 54th in the international ranking, overtaken by Moldova's 521 units. Japan, Portugal and Italy rounded out the top four spots.
