France: Bicycle Market 2025

Bicycle Market Size in France

In 2021, the French bicycle market decreased by -22.9% to $X, falling for the third year in a row after two years of growth. Overall, consumption, however, recorded a tangible increase. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Bicycle Production in France

In value terms, bicycle production rose remarkably to $X in 2021 estimated in export price. Overall, production, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of 298% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Bicycle Exports

Exports from France

In 2021, approx. X units of bicycles and other cycles were exported from France; surging by 3.7% on 2020. Over the period under review, exports, however, showed a abrupt descent. The growth pace was the most rapid in 2018 when exports increased by 24% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, bicycle exports fell slightly to $X in 2021. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 27%. Over the period under review, the exports reached the peak figure at $X in 2020, and then shrank in the following year.

Exports by Country

Spain (X units), Germany (X units) and Belgium (X units) were the main destinations of bicycle exports from France, with a combined 50% share of total exports. Italy, Ireland, Benin, Poland, the UK, the Netherlands, Switzerland, Andorra and Austria lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Benin (with a CAGR of +120.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bicycle exported from France were Spain ($X), Germany ($X) and Italy ($X), together accounting for 54% of total exports. These countries were followed by Belgium, Poland, the UK, the Netherlands, Switzerland, Ireland, Austria, Andorra and Benin, which together accounted for a further 28%.

Among the main countries of destination, Benin, with a CAGR of +69.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average bicycle export price amounted to $X per unit, falling by -3.8% against the previous year. Over the period under review, the export price, however, posted a prominent increase. The growth pace was the most rapid in 2014 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2020, and then contracted slightly in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Benin ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+24.4%), while the prices for the other major destinations experienced more modest paces of growth.

Bicycle Imports

Imports into France

In 2021, overseas purchases of bicycles and other cycles were finally on the rise to reach X units after two years of decline. Overall, imports, however, recorded a slight reduction. Imports peaked at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, bicycle imports expanded significantly to $X in 2021. The total import value increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when imports increased by 19%. Imports peaked at $X in 2018; afterwards, it flattened through to 2021.

Imports by Country

Italy (X units), Portugal (X units) and Romania (X units) were the main suppliers of bicycle imports to France, with a combined 72% share of total imports. These countries were followed by the Netherlands, Spain, Belgium, Taiwan (Chinese), Germany, Bulgaria and Sri Lanka, which together accounted for a further 24%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +33.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the Netherlands ($X) and Portugal ($X) were the largest bicycle suppliers to France, together comprising 51% of total imports. Romania, Germany, Taiwan (Chinese), Spain, Belgium, Bulgaria and Sri Lanka lagged somewhat behind, together accounting for a further 43%.

Belgium, with a CAGR of +42.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average bicycle import price stood at $X per unit in 2021, which is down by -6.5% against the previous year. Over the last nine years, it increased at an average annual rate of +4.2%. The pace of growth appeared the most rapid in 2019 an increase of 12%. The import price peaked at $X per unit in 2020, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Sri Lanka ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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