World - Bicycles And Other Cycles (Not Motorized) - Market Analysis, Forecast, Size, Trends and Insights
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Bicycle market: get new statistics empowered by an Ai-driven market intelligence platform. Information include market prices, imports, companies, market size, consumption, trade, exports, and production. There is a breakdown by region, including Africa, the U.K., the U.S., EU, Russia, China, the Middle East, and Latin America. Market trends and forecast to 2030 are also featured in the reports.
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Bicycle - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | United States |
| 2 | China |
| 3 | India |
| 4 | Bangladesh |
| 5 | Japan |
In value terms, the United States, China and India appeared to be the countries with the highest levels of market value in 2020, with a combined 32% share of the global market. Bangladesh, Japan, the Netherlands, Germany, Indonesia, Italy, Russia and Thailand lagged somewhat behind, together comprising a further 29%.
Indonesia recorded the highest growth rate of market size, in terms of the main consuming countries over the period under review, while bicycle market for the other global leaders experienced more modest paces of growth.
Bicycle Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| China | 55 | 54 | 52 | -2.6% |
| Italy | 152 | 147 | 149 | -1.0% |
| Portugal | 147 | 139 | 179 | 10.2% |
| Cambodia | 238 | 213 | 230 | -1.7% |
| Germany | 358 | 310 | 324 | -4.8% |
| Netherlands | 334 | 413 | 414 | 11.3% |
| Taiwan (Chinese) | 365 | 408 | 629 | 31.3% |
| Average | 103 | 107 | 105 | 0.9% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Taiwan (Chinese) ($629 per unit), while China ($52 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| France | 157 | 141 | 216 | 17.2% |
| United Kingdom | 170 | 170 | 185 | 4.4% |
| Germany | 132 | 138 | 172 | 14.1% |
| Austria | 108 | 104 | 110 | 1.1% |
| Japan | 104 | 106 | 108 | 1.8% |
| Netherlands | 89 | 90 | 88 | -0.5% |
| United States | 92 | 98 | 87 | -2.7% |
| Russia | 42 | 49 | 58 | 16.9% |
| United Arab Emirates | 51 | 50 | 32 | -21.2% |
| Thailand | 32 | 39 | 28 | -7.7% |
| Philippines | 19 | 21 | 27 | 20.4% |
| Iraq | 22 | 19 | 18 | -9.1% |
| Nigeria | 18 | 16 | 17 | -2.6% |
| Average | 92 | 95 | 98 | 3.3% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was France ($216 per unit), while Nigeria ($17 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Philippines, while the other global leaders experienced more modest paces of growth.
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Bicycle - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| United States | 1.6 | 1.3 | 1.5 | -3.1% |
| Germany | 0.8 | 0.8 | 0.8 | 3.6% |
| Netherlands | 0.6 | 0.7 | 0.8 | 15.7% |
| Japan | 0.7 | 0.7 | 0.6 | -1.7% |
| United Kingdom | 0.5 | 0.5 | 0.5 | 5.2% |
In value terms, the largest bicycle importing markets worldwide were the United States ($1.5B), Germany ($826M) and the Netherlands ($790M), with a combined 34% share of global imports. These countries were followed by Japan, the UK, France, Austria, Russia, the United Arab Emirates, the Philippines, Thailand, Iraq and Nigeria, which together accounted for a further 25%.
In terms of the main importing countries, Nigeria (+91.7% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Bicycle - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| China | 3.3 | 2.9 | 3.7 | 6.0% |
| Taiwan (Chinese) | 1.6 | 1.5 | 1.3 | -7.5% |
| Netherlands | 0.5 | 0.4 | 0.9 | 38.1% |
| Germany | 0.7 | 0.7 | 0.8 | 6.5% |
| Cambodia | 0.4 | 0.4 | 0.5 | 20.6% |
In value terms, China ($3.7B) remains the largest bicycle supplier worldwide, comprising 36% of global exports. The second position in the ranking was occupied by Taiwan (Chinese) ($1.3B), with a 13% share of global exports. It was followed by the Netherlands, with a 8.6% share.
From 2018 to 2020, the average annual growth rate of value in China amounted to +6.0%. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan (Chinese) (-7.5% per year) and the Netherlands (+38.1% per year).
Bicycle - Market Forecast
Driven by rising demand for bicycle worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Bicycle - Top Companies
YAMAHA MOTOR CO., LTD., Harley-Davidson, Inc., HERO MOTOCORP LIMITED, ASTRA HONDA MOTOR, PT, BAJAJ AUTO LIMITED, HONDA MOTORCYCLE AND SCOOTER INDIA PRIVATE LIMITED, THAI HONDA MANUFACTURING COMPANY LIMITED, SHIMANO INC., GIANT MANUFACTURING CO., LTD., Loncin Motor Co., Ltd., PIAGGIO & C. SPA, KTM AG, Aima Technology Group Co., Ltd., SANYANG MOTOR CO., LTD., Wuyang-Honda Motors (Guangzhou) Co., Ltd., Chongqing Dongtai Motor-Vehicle Parts Co., Ltd., YAMAHA MOTOR VIETNAM COMPANY LIMITED, MERIDA INDUSTRY CO., LTD., INDIA YAMAHA MOTOR PRIVATE LIMITED, Varroc Lighting Systems, Inc.
Bicycle - Product Coverage
- HS 8712 - Bicycles and other cycles; including delivery tricycles, not motorised
This report provides an in-depth analysis of the global bicycle market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 30921000 - Bicycles and other cycles (including delivery tricycles), nonmotorised
- Prodcom 30921030 -
- Prodcom 30921050 -
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Company coverage:
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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Explore the top import markets for bicycles and their key statistics. Discover the booming bicycle industry and the countries driving its growth. Find out the latest import values and trends in the global bicycle market.
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In 2019, the global bicycle market increased by 0.4% to $18.8B, rising for the fourth consecutive year after four...
1088
In 2016, the amount of bike imported worldwide stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, it indicated a moderate expansion from X>
888
In 2016, the amount of bike imported worldwide stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, it indicated a moderate expansion from X>
1916
The global trade in bicycles amounted to X million USD in 2015, fluctuating mildly over the period under review. A significant drop in 2009 was followed by robust growth over next three years, until it levelled off thro
1323
Canyon Bicycles, a well-known German bicycle producer, has announced the opening of an office in Melbourne, Australia, as well as the launching of direct sales in New Zealand. The new office will act as a representative of Canyon Bicycles, participatin
