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Report Central Asia - Bicycles and Other Cycles (Not Motorized) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

Central Asia - Bicycles and Other Cycles (Not Motorized) - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Bicycle Market 2025

Bicycle Exports

Exports in Central Asia

In 2021, approx. X units of bicycles and other cycles were exported in Central Asia; growing by 1,718% against 2020. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, bicycle exports skyrocketed to $X in 2021. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Uzbekistan dominates exports structure, amounting to X units, which was approx. 92% of total exports in 2021. It was distantly followed by Kazakhstan (X units), comprising a 5.5% share of total exports. Kyrgyzstan (X units) took a relatively small share of total exports.

Uzbekistan was also the fastest-growing in terms of the bicycles and other cycles exports, with a CAGR of +747.4% from 2012 to 2021. At the same time, Kyrgyzstan (+96.6%) and Kazakhstan (+47.6%) displayed positive paces of growth. Uzbekistan (+92 p.p.) and Kyrgyzstan (+2 p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by -45.1% from 2012 to 2021, respectively.

In value terms, Uzbekistan ($X) remains the largest bicycle supplier in Central Asia, comprising 90% of total exports. The second position in the ranking was held by Kazakhstan ($X), with an 8.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Uzbekistan stood at +932.2%. In the other countries, the average annual rates were as follows: Kazakhstan (+39.7% per year) and Kyrgyzstan (+48.3% per year).

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per unit, dropping by -12.9% against the previous year. In general, the export price saw a abrupt setback. The growth pace was the most rapid in 2018 when the export price increased by 28% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+22.8%), while the other leaders experienced a decline in the export price figures.

Bicycle Imports

Imports in Central Asia

In 2021, imports of bicycles and other cycles in Central Asia soared to X units, surging by 28% compared with 2020. Over the period under review, imports posted a strong expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 185%. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, bicycle imports soared to $X in 2021. Overall, imports posted a strong expansion. The growth pace was the most rapid in 2015 when imports increased by 240%. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Kazakhstan (X units) was the main importer of bicycles and other cycles, constituting 80% of total imports. It was distantly followed by Uzbekistan (X units) and Kyrgyzstan (X units), together constituting a 16% share of total imports. Mongolia (X units) held a relatively small share of total imports.

From 2012 to 2021, average annual rates of growth with regard to bicycle imports into Kazakhstan stood at +5.4%. At the same time, Uzbekistan (+75.2%), Mongolia (+26.0%) and Kyrgyzstan (+15.3%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +75.2% from 2012-2021. From 2012 to 2021, the share of Uzbekistan, Kyrgyzstan and Mongolia increased by +11, +4.9 and +2 percentage points, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported bicycles and other cycles in Central Asia, comprising 85% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 7.6% share of total imports. It was followed by Mongolia, with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan totaled +14.1%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+128.4% per year) and Mongolia (+25.4% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2021, surging by 12% against the previous year. Import price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the import price increased by 39% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+30.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Kazakhstan constituted the country with the largest volume of bicycle consumption, accounting for 76% of total volume. Moreover, bicycle consumption in Kazakhstan exceeded the figures recorded by the second-largest consumer, Tajikistan, sixfold. Uzbekistan ranked third in terms of total consumption with a 5.9% share.
The country with the largest volume of bicycle production was Tajikistan, accounting for 100% of total volume.
In value terms, Kazakhstan and Uzbekistan constituted the countries with the highest levels of exports in 2021.
In value terms, Kazakhstan constitutes the largest market for imported bicycles and other cycles in Central Asia, comprising 75% of total imports. The second position in the ranking was occupied by Tajikistan, with a 12% share of total imports. It was followed by Uzbekistan, with an 8.3% share.
In 2021, the export price in Central Asia amounted to $30 per unit, growing by 81% against the previous year.
In 2021, the import price in Central Asia amounted to $35 per unit, approximately reflecting the previous year.

This report provides an in-depth analysis of the bicycle market in Central Asia. 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:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Central Asia, split by region and country
  • Trade (exports and imports) in Central Asia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Kazakhstan
    • Kyrgyzstan
    • Mongolia
    • Tajikistan
    • Turkmenistan
    • Uzbekistan

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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