Germany: Bicycle Market 2025

Bicycle Market Size in Germany

The German bicycle market reached $X in 2021, approximately mirroring the previous year. The market value increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Bicycle consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Bicycle Production in Germany

In value terms, bicycle production dropped significantly to $X in 2021 estimated in export price. Overall, production, however, saw strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 110%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Bicycle Exports

Exports from Germany

In 2021, shipments abroad of bicycles and other cycles increased by 4.9% to X units, rising for the third year in a row after six years of decline. In general, exports, however, continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2019 with an increase of 10%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, bicycle exports stood at $X in 2021. The total export value increased at an average annual rate of +5.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 16%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

Exports by Country

The Netherlands (X units) was the main destination for bicycle exports from Germany, with a 31% share of total exports. Moreover, bicycle exports to the Netherlands exceeded the volume sent to the second major destination, Austria (X units), threefold. The third position in this ranking was taken by France (X units), with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Netherlands amounted to -2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-5.2% per year) and France (-3.3% per year).

In value terms, the Netherlands ($X) remains the key foreign market for bicycles and other cycles exports from Germany, comprising 35% of total exports. The second position in the ranking was held by Austria ($X), with an 8% share of total exports. It was followed by France, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands amounted to +9.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+3.0% per year) and France (+3.9% per year).

Export Prices by Country

In 2021, the average bicycle export price amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the period under review, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 35%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Poland ($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 the UK (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.

Bicycle Imports

Imports into Germany

In 2021, bicycle imports into Germany amounted to X units, growing by 5.1% against the year before. Over the period under review, imports, however, saw a noticeable reduction. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, bicycle imports stood at $X in 2021. The total import value increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2018 when imports increased by 8.5% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Cambodia (X units), Bangladesh (X units) and the Netherlands (X units) were the main suppliers of bicycle imports to Germany, with a combined 36% share of total imports. These countries were followed by Poland, Austria, Bulgaria, the Philippines, Italy, China, Portugal, Romania, Belgium and Lithuania, which together accounted for a further 45%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +39.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Cambodia ($X), the Netherlands ($X) and Austria ($X) were the largest bicycle suppliers to Germany, with a combined 46% share of total imports. Bangladesh, Portugal, Bulgaria, Poland, Belgium, Lithuania, Italy, Romania, China and the Philippines lagged somewhat behind, together accounting for a further 39%.

Belgium, with a CAGR of +55.1%, recorded the highest growth rate of 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, picking up by 2.2% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, bicycle import price increased by +66.7% against 2012 indices. The growth pace was the most rapid in 2015 an increase of 16% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

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 the Netherlands ($X per unit), while the price for the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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