Germany leads the European export market of bicycles and invalid carriages with a share of 16.02%, followed closely by Italy and the Netherlands. In 2023, Germany experienced an 8.35% increase, Italy 8.63%, and Spain a notable 10.17%. However, Lithuania and Greece saw declines. Malta's exports surged over 31%. Despite variances, growth across major players like Germany and Italy indicates robust demand.
Future trends suggest a continued focus on e-bikes and sustainable transportation could drive growth. Emerging markets in Eastern Europe, technological innovations, and eco-friendly policies will significantly impact export dynamics in coming years.
Top countries in Export of Bicycles and Invalid Carriages Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16.02 | 2023 | +12.13% | +8.35% | View data |
| 2 | 2 Italy | 14.75 | 2023 | +3.13% | +8.63% | View data |
| 3 | 3 Netherlands | 11 | 2023 | +13.46% | +2.31% | View data |
| 4 | 4 Poland | 8.93 | 2023 | +2.38% | +6% | View data |
| 5 | 5 Portugal | 8.38 | 2023 | +13.05% | +2.34% | View data |
| 6 | 6 Spain | 6.07 | 2023 | +5.03% | +10.17% | View data |
| 7 | 7 France | 5.97 | 2023 | +26.59% | +4.17% | View data |
| 8 | 8 Belgium | 5.53 | 2023 | +6.19% | +2.71% | View data |
| 9 | 9 Romania | 4.37 | 2023 | +4.4% | +5.86% | View data |
| 10 | 10 United Kingdom | 4.2 | 2023 | +1.9% | +1.64% | View data |
