The global export of bicycle pedals, crank-gear, and parts thereof is dominated by China, holding nearly 61% of the market share by weight in kilograms as of 2023. India follows distantly with an 11.37% share. Significant growth was observed in the Philippines, United Kingdom, and Switzerland with higher year-on-year percentage increases. Conversely, Japan, Indonesia, and Italy experienced notable declines. Additionally, countries like Uganda, Estonia, and Belarus have shown strong percentage increases, although from smaller bases.
Future trends to watch include continued dominance by China, potential increases in exports from emerging markets such as the Philippines and Belarus, and further impact of technological advancements enhancing lighter and more efficient bicycle components influencing export trends globally. Monitoring the effects of global trade policies and environmental movements toward cycling could reshape the future export landscape. These dynamics emphasize the importance of both traditional producers and newer exporters in the global supply chain for bicycle parts.
Top countries in Export of Bicycle Pedals, Crank-Gear and Parts Thereof Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 60.95 | 2023 | +0.021% | +0.12% | View data |
| 2 | 2 India | 11.37 | 2023 | -2.34% | -2.22% | View data |
| 3 | 3 Philippines | 7.54 | 2023 | +5.85% | +5.26% | View data |
| 4 | 4 Malaysia | 4.82 | 2023 | -3.54% | -3% | View data |
| 5 | 5 Germany | 3 | 2023 | +1.15% | +2.2% | View data |
| 6 | 6 Netherlands | 2.06 | 2023 | +2.94% | +2.58% | View data |
| 7 | 7 Japan | 1.51 | 2023 | -6.14% | -4.45% | View data |
| 8 | 8 Indonesia | 1.2 | 2023 | -6.94% | -5.75% | View data |
| 9 | 9 United States | 0.56 | 2023 | +0.23% | +0.069% | View data |
| 10 | 10 Belarus | 0.47 | 2023 | +6.09% | +6% | View data |
