EU To Produce 13.5 Million Bicycles in 2021, Export 921 Million Euros

According to Eurostat, the EU exported bicycles (electric and non-electric) worth 921 million euros to countries outside the EU in 2021, while outside the EU, the EU imported bicycles worth 1.896 billion euros.

Non-electric bicycles: “In 2021 the EU exported 1,487,700 non-electric bicycles worth 433 million euros and imported 5,743,700 units worth 1.046 billion euros. In 2021, non-electric bicycle exports increased by 16% and imports increased by 17% compared to 2020. %."

Electric bicycles: “The EU exports 315,800 electric bicycles in 2021, valued at 488 million euros. At the same time, the EU imports 1,148,600 electric bicycles from countries outside the EU, worth 849 million euros. Electric bicycle exports in 2021 compared to 2020 The volume of electric bicycles increased by 15%, while the import volume of electric bicycles increased by 37%.

The UK and Switzerland are the main destinations for exports based on geographic data and trends

The UK is the leading destination for EU non-e-bike exports in 2021 (30% of total exports outside the EU by value), followed by Switzerland (21%), the US (6%), Norway and Australia (both 5%). %).

Meanwhile, Switzerland and the UK are also the main destinations for EU e-bike exports (38% and 27% of total e-bike exports outside the EU, respectively), followed by Norway (13%) and the US (8%).

Taiwan is the main source of electric bicycle imports

In 2021, non-e-bike imports from non-EU countries will mainly come from Cambodia (27% of total bicycle imports outside the EU), Taiwan (26%), China (10%), Bangladesh (8%) and Turkey (5%).

Meanwhile, the EU’s e-bike imports are mainly from Taiwan, China (57% of total e-bike imports outside the EU), followed by Switzerland (13%), Vietnam (11%), China (7%) and Turkey ( 6%) ). "

In another announcement, 13.5 million bicycles will be produced in the EU in 2021, an increase of 11% compared to 2020. Sales production of bicycles varies widely among EU member states for which data are available. Among them, the largest number of bicycles were produced in Portugal (2.9 million), Romania (2.5 million), Italy (1.9 million), Germany (1.4 million) and Poland (1.2 million). "