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Bicycle industry in Europe - statistics & facts

Bicycle sales in the European Union came to about 22 million units in 2020, up from about 20 million units in 2019. That year, the European Union produced around 11.5 million units of bicycles and other cycles. While Portugal was the leading producer of finished bicycles in Europe in 2019, Germany was the country with the highest employment in the bicycle and bicycle parts and accessories manufacturing sectors. Much of this trend can be attributed to the increasing demand for electric bicycles, in Europe often referred to as EPACs: electrically power-assisted cycles.

Electric bicycle sales are breaking records

Consumers continue to show great interest in electric bikes, and electric bicycle sales in the European Union continue on a very positive trend. Electric bicycles are widely seen as an environmentally friendly alternative to commuting by car. Furthermore, they demonstrate benefits with regards to agility and reduction of greenhouse-gas emissions when it comes to the transportation of light and small cargo items in urban areas, making them a viable alternative to light commercial vehicles. Consequently, the market for electric bicycles is expected to keep growing, and one in two bicycles sold in Europe is projected to be electric by 2025.

Domestic demand rises in tandem with exports

Electric bicycle demand is on the rise generally, including in markets outside the European Union. Italy's electric bicycle exports soared to around 115,000 units in 2020. A similar trend can be observed in the Netherlands, where the import and export values of electrical bicycles have both shown positive growth trajectories. In terms of imports, the main source countries for bicycles include Cambodia and China.

Interesting statistics

In the following 4 chapters, you will quickly find the 23 most important statistics relating to "Bicycle industry in Europe".

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