The global export of bicycle brakes and parts thereof is dominated by China, accounting for a significant volume far surpassing other countries. India and Malaysia also play substantial roles, albeit significantly smaller. In recent years, notable positive trends include France with a significant 23.07% increase, and Uganda and Greece exhibiting impressive growth rates. Conversely, Singapore, Japan, and Portugal experienced declines. Emerging markets like Norway and Bosnia and Herzegovina showed remarkable growth. However, Eastern European countries like Latvia, Bulgaria, and Croatia faced substantial decreases in exports.
For future trends, observe increasing geographical diversification in exports, possibly shifting production towards emerging markets with lower production costs. Furthermore, heightened environmental consciousness might drive innovations towards more sustainable and lightweight brake components, influencing export dynamics.
Top countries in Export of Bicycle Brakes and Parts Thereof by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 38,562,000 | 2023 | +1.38% | +1.45% | View data |
| 2 | 2 India | 10,371,000 | 2023 | +1.92% | +0.67% | View data |
| 3 | 3 Malaysia | 7,817,700 | 2023 | +1.99% | +2.41% | View data |
| 4 | 4 Czech Republic | 2,855,800 | 2023 | +3.94% | +6.25% | View data |
| 5 | 5 Singapore | 2,597,800 | 2023 | -6.94% | -3.94% | View data |
| 6 | 6 Japan | 2,534,100 | 2023 | -4.22% | -2.65% | View data |
| 7 | 7 Germany | 1,892,500 | 2023 | +1.6% | +1.24% | View data |
| 8 | 8 Italy | 1,004,400 | 2023 | +0.19% | +0.93% | View data |
| 9 | 9 France | 809,560 | 2023 | +4.4% | +23.07% | View data |
| 10 | 10 Spain | 722,590 | 2023 | -1.57% | +5.68% | View data |
