In 2023, the export value of non-motorized bicycles and other cycles from Brazil stood at 22.4 thousand units. Forecast data from 2024 onwards shows a steady, if modest, year-on-year increase. The values are expected to rise consistently from 22.5 thousand units in 2024 to 22.65 thousand units by 2028, indicating an average yearly growth rate of approximately 0.5% over this period. This reflects a stable but slow upward trend in the export market for these products.
Future trends to watch for include potential impacts of global economic conditions, shifts in consumer preferences towards sustainable transportation options, and trade policy changes. Monitoring advancements in bicycle technology and manufacturing processes in Brazil will also be crucial, as these can influence competitiveness and export potential in the coming years.
