Key Market Indicators
The import and export of bicycles in Nepal is expected to reach 570,000 units by 2026. This is a 3% year-on-year growth since 2021, when it stood at 475,000 units. The demand for bicycles in Nepal has been increasing steadily since 2014, growing by 0.4% each year. Nepalese Bicycle Export figures have also been on the rise. In 2017, 62 units were exported, an increase of 6,100% compared to the year before. Since 2013, the supply of bicycles in Nepal has grown by 174.4% each year.
