In 2023, Germany led the European export of bicycle frames and forks, commanding 44.19% of the market. Poland and Italy followed with 25.81% and 13.83%, respectively. Remarkably, Poland and Italy showed significant growth, with Poland increasing by 53.19% and Italy by 66.63% year-on-year. Conversely, Austria faced a 6.63% drop. France and the United Kingdom experienced a complete withdrawal from the market in 2023. Worth noting are Bulgaria's and Ireland’s sharp increases, though from a smaller base, highlighting possible emerging players in the market.
Future trends to watch include the potential for further growth in Eastern European countries fueled by enhanced manufacturing capabilities, as well as the impact of sustainable transportation trends on market dynamics. Special attention should be given to how policy shifts towards greener transportation options may influence market shares, particularly for countries with burgeoning bicycle manufacturing industries.
Top countries in Export of Bicycles Frames and Forks Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 44.19 | 2023 | +4.84% | +4.12% | View data |
| 2 | 2 Poland | 25.81 | 2023 | +6.84% | +53.19% | View data |
| 3 | 3 Italy | 13.83 | 2023 | +225.37% | +66.63% | View data |
| 4 | 4 Belgium | 9.39 | 2023 | +16.19% | +12.73% | View data |
| 5 | 5 Netherlands | 8.12 | 2023 | +0.78% | +10.14% | View data |
| 6 | 6 Portugal | 7.63 | 2023 | +14.06% | +16.4% | View data |
| 7 | 7 Slovenia | 3.45 | 2023 | -4.64% | +7.01% | View data |
| 8 | 8 Romania | 2.08 | 2023 | +4.34% | +0.74% | View data |
| 9 | 9 Austria | 0.9 | 2023 | +6.09% | -6.63% | View data |
| 10 | 10 Bulgaria | 0.62 | 2023 | +6.69% | +80.7% | View data |
