The global export market for bicycle pedals, crank-gear, and parts thereof shows China as the leading exporter, followed closely by Japan and Singapore. Significant growth is seen in countries like Denmark, Thailand, and Switzerland, while Italy, Brazil, and Canada have experienced declines in recent years. Smaller markets such as Uganda and Mexico have shown remarkable growth, indicating emerging opportunities.
Future trends to watch include the increasing prevalence of electric bicycles, which could alter demand patterns and supply dynamics in the bicycle parts industry. Sustainability and technological innovation are also likely to influence export trends significantly.
Top countries in Export of Bicycle Pedals, Crank-Gear and Parts Thereof by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 163,870,000 | 2023 | +1.72% | +1.58% | View data |
| 2 | 2 Japan | 155,180,000 | 2023 | +0.52% | +2.31% | View data |
| 3 | 3 Singapore | 137,620,000 | 2023 | +1.57% | +1.92% | View data |
| 4 | 4 Malaysia | 102,560,000 | 2023 | -0.41% | +0.55% | View data |
| 5 | 5 Germany | 43,719,000 | 2023 | +2.43% | +2.61% | View data |
| 6 | 6 Philippines | 30,301,000 | 2023 | +5.91% | +5.36% | View data |
| 7 | 7 France | 29,387,000 | 2023 | +1.47% | +1.61% | View data |
| 8 | 8 Netherlands | 25,480,000 | 2023 | +2.1% | +1.32% | View data |
| 9 | 9 United States | 23,850,000 | 2023 | +3.88% | +4.38% | View data |
| 10 | 10 India | 22,296,000 | 2023 | +2.03% | +2.8% | View data |
