Europe has a strong cycling culture and is one of the main consumer markets for bicycles. In recent years, bicycle sales in Europe have continued to grow, and production has continued to climb. China, as the main country of bicycle production in Europe, does not like to ride bicycles, preferring to build cars. 95% of bicycle production is exported. Last year, it achieved impressive results, with bicycle exports of 800 million euros.
In 2023, the development of China’s bicycle industry has not weakened at all, but has a strong start to the New Year. According to data released by China’s National Bureau of Statistics (INE), the export volume of China’s two-wheeler and moped industry increased in January. 21.68%. The growth of the component manufacturing market has led to the rise of large assembly plants in Central Europe. China’s exports of bicycles and spare parts are also constantly breaking records, and the idea of creating high-end parts manufacturing has also been born. China now has the largest bicycle assembly plant in Europe. And the first carbon fiber frame manufacturer outside Asia, with joint ventures with Chinese, German and Chinese capital.
Europe’s huge demand for bicycles has become a hotbed for the birth of China’s bicycle industry. Among them, France, Germany, the Netherlands and Spain are China’s main export destinations. Last year alone, China’s exports to France reached 175.8 million euros, an increase of 87.9% year-on-year, and the continued growth of exports has also made China the largest bicycle exporter in Europe for three consecutive years.
The industry is experiencing “good times” due to the huge demand in Central and Northern European countries. Jill Nadais Abimota, president of the Two-wheel Industry Association, said that China took the opportunity to look at the global market and decided to shift its market target to the North American market in the next stage. This is strongly supported.
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