The global export of non-motorized bicycles in 2023 was dominated by China, contributing a significant portion of the market. Other key players include Japan, Italy, and the Netherlands. Countries like the Philippines, Romania, and Bulgaria exhibited notable growth due to increases in volume. Switzerland saw a major boost of 32.16% among smaller players, while the United States showed a sharp decline of 20.53%. Burgeoning markets like Estonia and Moldova posted impressive exports, while Latvia and Burundi registered significant year-on-year growth rates of 11% and 50.13% respectively.
Future trends to watch for include:
- Sustainable transportation initiatives driving increases in bicycle exports.
- Continued robust demand expected from Asian manufacturers, particularly China and Japan.
- Potential volatility due to varying international trade policies and environmental regulations affecting production.
Top countries in Export of Bicycles, Other Cycles, Not Motorized by Country
| # | 10 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 63,286,000 | 2023 | +1.06% | +1.16% | View data |
| 2 | 2 Japan | 3,392,500 | 2023 | +1.81% | +2.03% | View data |
| 3 | 3 Italy | 1,491,900 | 2023 | -1.27% | -0.83% | View data |
| 4 | 4 Netherlands | 1,431,500 | 2023 | +1.48% | +3.17% | View data |
| 5 | 5 India | 1,371,600 | 2023 | +1.37% | +1.97% | View data |
| 6 | 6 Philippines | 1,337,400 | 2023 | +2.02% | +5.36% | View data |
| 7 | 7 Romania | 940,410 | 2023 | +4.12% | +3.83% | View data |
| 8 | 8 Bulgaria | 771,510 | 2023 | +1.84% | +2.64% | View data |
| 9 | 9 United Kingdom | 769,400 | 2023 | +2.94% | +3.36% | View data |
| 10 | 10 Poland | 692,740 | 2023 | -0.5% | -4.19% | View data |
