In 2023, the UK imported approximately 32.8 million kilograms of non-motorized bicycles and other cycles. The forecast from 2024 to 2028 shows a consistent decline, with imports expected to decrease from 31.495 million kilograms in 2024 to 26.542 million kilograms in 2028. Year-on-year percentage declines are expected, indicating a trend of diminishing demand or increased local production. Over the five-year forecast period, the compound annual growth rate (CAGR) is negative, highlighting the ongoing contraction in volume imported into the UK.
Future trends may include shifts in consumer preferences, potential growth in electric and innovative bicycle technologies, and changes in transportation policies that encourage cycling. Monitoring these trends can offer insights into potential reversals in import patterns or increased domestic market activity.
