EU production of bicycles down to 9.7 million in 2023

Brussels: Cycling is an eco-friendly and health-conscious mode of transportation with many fans. In 2023, 9.7 million bicycles were produced in the EU, a 24% decrease in bicycle production compared with 2022 (12.7 million).

Looking at the available non-confidential data, the biggest producer of bicycles in 2023 was Portugal, with 1.8 million units, followed by Romania (1.5 million), Italy (1.2 million) and Poland (0.8 million).

Available non-confidential data show that 14 out of 17 reporting EU countries saw a decrease in bicycle production between 2022 and 2023. The highest decrease in the number of bicycles was recorded in Romania with -1.0 million units, followed by Italy with -0.7 million and Portugal with almost -0.4 million units.