In 2023, Germany led European exports of bicycles, other non-motorized cycles, and invalid carriages parts by a significant margin, with 1.4754 million items. Substantial growth was observed in Poland, with a year-on-year increase of 50.01%, whereas Italy saw a moderate rise of 15.24%. Conversely, Belgium, Portugal, and Austria experienced declines, with Portugal facing a notable 35.45% decrease. Over the last five years, the compound annual growth rate (CAGR) suggests a varied trend across countries, aligning with both growth and contraction depending on market dynamics and economic factors.
Future trends to watch include increased demand driven by sustainability and health awareness, technological advancements in cycle production, and potential policy incentives across Europe. Fluctuations in economic conditions and trade regulations will also play a key role in shaping export volumes and market positions among these countries.
Top countries in Export of Bicycles and Other Cycles, Not Motorised, and Invalid Carriages Parts and Accessories by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,475,400 | 2021 | +67.2% | +2.83% | View data |
| 2 | 2 Poland | 764,700 | 2023 | +4.99% | +50.01% | View data |
| 3 | 3 Italy | 541,360 | 2023 | +7.21% | +15.24% | View data |
| 4 | 4 Belgium | 372,250 | 2023 | -21.52% | -1.32% | View data |
| 5 | 5 Netherlands | 277,670 | 2021 | +83.01% | +8.32% | View data |
| 6 | 6 Portugal | 255,510 | 2023 | -86.29% | -35.45% | View data |
| 7 | 7 Slovenia | 133,260 | 2023 | -6.22% | +5.62% | View data |
| 8 | 8 Romania | 66,230 | 2023 | +2.88% | -0.79% | View data |
| 9 | 9 France | 64,720 | 2021 | -12.78% | +17.27% | View data |
| 10 | 10 United Kingdom | 37,100 | 2023 | -12.98% | -15.82% | View data |
