The Netherlands leads as the top EU bicycle exporter, with exports valued at €740.13 million, followed by Germany at €543.53 million. Portugal, Belgium, and Italy round out the top five, each contributing around €185 million to €169 million. Growth indicators show that, over the past two years, these countries have experienced stable or positive export growth, with the Netherlands and Germany showing robust year-on-year increases. The five-year CAGR reveals consistent growth across all top exporters in this sector.
Future trends to watch include:
- Increased demand for sustainable transportation, potentially boosting exports.
- Technological advancements, especially in e-bikes, driving growth in higher-value segments.
- Potential market expansion as EU countries strengthen trade relations outside Europe.
- Sensitivity to global economic factors which may affect consumer spending on luxury items like high-end bicycles.
Top countries in Top Bicycles Exporting EU Countries
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Netherlands | 740,130 | 2015 | |
| 2 | 2 Germany | 543,530 | 2015 | |
| 3 | 3 Portugal | 189,150 | 2015 | |
| 4 | 4 Belgium | 185,950 | 2015 | |
| 5 | 5 Italy | 168,980 | 2015 | |
| 6 | 6 Hungary | 135,480 | 2015 | |
| 7 | 7 Bulgaria | 128,380 | 2015 | |
| 8 | 8 Spain | 108,110 | 2015 | |
| 9 | 9 France | 97,150 | 2015 | |
| 10 | 10 Poland | 96,190 | 2015 |
