In 2023, the import value of non-motorized bicycles and other cycles stood at an unspecified amount. Forecasts for 2024 to 2028 indicate a gradual decline in imports, with values decreasing annually.
Future trends to watch include:
- Shifts in consumer preference towards local products driven by sustainability concerns.
- Technological innovations in cycling, such as e-bikes, which may impact traditional bicycle imports.
- Potential trade policy changes following post-Brexit agreements, affecting import dynamics.