Report Update Mar 1, 2025

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

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Iran: Bicycle Market 2025

Bicycle Market Size in Iran

In 2021, the Iranian bicycle market increased by 131% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption saw moderate growth. Bicycle consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Bicycle Exports

Exports from Iran

In 2021, approx. X units of bicycles and other cycles were exported from Iran; which is down by -54.4% against 2020. Overall, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2015 when exports increased by 3,729%. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, bicycle exports reduced rapidly to $X in 2021. In general, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2015 when exports increased by 3,782%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Georgia (X units) was the main destination for bicycle exports from Iran, with a 70% share of total exports. Moreover, bicycle exports to Georgia exceeded the volume sent to the second major destination, Azerbaijan (X units), threefold.

From 2012 to 2021, the average annual growth rate of volume to Georgia stood at -18.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (+9.2% per year) and Oman (0.0% per year).

In value terms, Georgia ($X) emerged as the key foreign market for bicycles and other cycles exports from Iran, comprising 73% of total exports. The second position in the ranking was held by Azerbaijan ($X), with a 7% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Georgia stood at -8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (+7.0% per year) and Oman (+18.3% per year).

Export Prices by Country

In 2021, the average bicycle export price amounted to $X per unit, shrinking by -10.8% against the previous year. In general, the export price, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 212% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

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 Oman ($X per unit), while the average price for exports to Azerbaijan ($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 Afghanistan (+74.3%), while the prices for the other major destinations experienced more modest paces of growth.

Bicycle Imports

Imports into Iran

In 2021, overseas purchases of bicycles and other cycles increased by 82% to X units, rising for the second year in a row after three years of decline. Over the period under review, imports continue to indicate a tangible expansion. The pace of growth appeared the most rapid in 2014 with an increase of 162%. Imports peaked at X units in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, bicycle imports soared to $X in 2021. In general, imports enjoyed noticeable growth. The pace of growth was the most pronounced in 2014 when imports increased by 241%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of bicycle to Iran, with a 99% share of total imports. It was followed by Japan (X units), with less than 0.1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-49.9% per year) and the United Arab Emirates (-62.5% per year).

In value terms, China ($X) constituted the largest supplier of bicycles and other cycles to Iran, comprising 99% of total imports. The second position in the ranking was held by Japan ($X), with less than 0.1% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-55.4% per year) and the United Arab Emirates (-63.1% per year).

Import Prices by Country

In 2021, the average bicycle import price amounted to $X per unit, surging by 42% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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 China ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bicycles and other cycles in the world?

The country with the largest volume of bicycle consumption was South Africa, comprising approx. 47% of total volume. Moreover, bicycle consumption in South Africa exceeded the figures recorded by the second-largest consumer, the United States, fivefold. India ranked third in terms of total consumption with a 5.2% share.

What are the largest producers of bicycles and other cycles in the world?

China remains the largest bicycle producing country worldwide, comprising approx. 61% of total volume. Moreover, bicycle production in China exceeded the figures recorded by the second-largest producer, India, sevenfold. The third position in this ranking was occupied by Brazil, with a 4.7% share.

What are the leading suppliers of bicycles and other cycles to Iran?

In value terms, Turkey, Germany and Japan constituted the largest bicycle suppliers to Iran, together accounting for 76% of total imports.

What are the leading importers of bicycles and other cycles from Iran?

In value terms, Georgia emerged as the key foreign market for bicycle exports from Iran, comprising 86% of total exports. The second position in the ranking was occupied by Azerbaijan, with an 8.2% share of total exports.

What is the average export price for bicycles and other cycles in Iran?

The average bicycle export price stood at $137 per unit in 2021, surging by 4.2% against the previous year.

What is the average import price for bicycles and other cycles in Iran?

The average bicycle import price stood at $74 per unit in 2021, jumping by 157% against the previous year.

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

Iran

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Iran
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:

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

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. 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
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 In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024