Between 2013 and 2023, the market size value per capita for bicycle wheel rims and spokes in Greece showed modest fluctuations. Starting from $0.21 in 2013, it increased steadily until 2017, reaching $0.26. Following minor fluctuations, it stabilized at $0.25 from 2022 to 2023.
- In 2023, the per capita value remained stable at $0.25.
- Over the last two years, there was a slight decline of 3.85% from 2021 to 2023.
- The 5-year CAGR from 2018 to 2023 was approximately 0.82%, reflecting minor upward momentum.
Looking forward, potential growth may arise from increased cycling popularity and investments in sustainable transport infrastructure. However, economic fluctuations and competition from alternative transportation modes could impact future trends.
