Key Market Indicators
Cypriot Bicycle Import is projected to drop slightly in the coming years, with an average year-on-year decline of 0.5%. By 2026, it is estimated to reach 23,700 units, down from 24,550 units in 2021. Since 1994, demand has grown by an average of 9.9% each year. Cypriot Bicycle Export fell sharply in 2018, reaching just three units - compared to twelve in 2017 - a drop of 75%. Since 1994, there has been no change in supply. In 2018, Mongolia topped the export rankings with three units, followed by Japan, Portugal and Italy in second, third and fourth place respectively.
