Tag: Sales

Cycling has long been hailed as the ultimate eco-friendly and health-conscious mode of transportation. Yet, despite the growing emphasis on sustainability and urban mobility, bicycle production in the European Union has seen a significant drop. In 2023, EU member states produced 9.7 million bicycles—a sharp 24% decrease from the 12.7 million produced in 2022. What’s causing this surprising downturn, and does it signal the end of the cycling revolution? The Numbers Behind the Decline According to Eurostat’s latest data, bicycle production declined in 14 of the 17 EU countries that reported figures for 2023. Notably, some of the largest producers experienced the steepest declines: Romania: A drop of 1 million units, bringing total production down to 1.5 million. Italy: A…

Cycling, especially in its sporting form, is inherently related to numbers. Every man and his dog loves to quantify their bike, their bike ride even their next accessory purchase. Total bike weight, average speed or the waterproof rating of a waterproof jacket – the industry is littered with ratings and figures.  Furthermore, as cycling grows in popularity, particularly as a clean, green and healthy means of transport, so does the appetite for cycling and bicycle data. The rise of electric bikes has only served to add fuel to this fire. For stat lovers, policymakers, cycling fans and those who work in the industry, our list of the top bike industry statistics in 2023 compiles a wide variety of figures that…