In 2023, the import value of bicycle pedals, crank-gears, and parts to the US was approximately $76 million. From 2024 to 2028, the forecast indicates a steady increase in import values, reaching $80.238 million by 2028. This reflects a compound annual growth rate (CAGR) of approximately 1.27% over the five-year period. Year-on-year, the import value is expected to grow by around 0.99% in 2025, 1.0% in 2026, 0.97% in 2027, and 0.95% in 2028.

Future trends to watch for include:

Growing demand for eco-friendly transportation options could drive further increases in import volumes.
Technological advancements in bicycle parts may influence import value dynamics.
Trade policies and tariffs will remain crucial in shaping future import trends.
Shifts in consumer preferences towards high-performance or custom bicycle parts could impact import values.