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8 Jul 2024

Become a Luchos Distributor - Deal Directly

2 Jul 2024

We recently reported that a £1 billion damages claim had been filed against Amazon on behalf of retailers selling on Amazon’s UK marketplace for illegally misusing their data and...

2 Jul 2024

In the first of an occasional series of features, we are delighted to introduce you to Ross, an expert trainer in Glasgow, and one of the most recent trainers to join the Cytech family.

1 Jul 2024

ACT member e-Velo is to open a new store in the Royal Arcade in Norwich in July, selling a range of e-bikes from some of Europe's top brands.

1 Jul 2024

Bicycle manufacturers say they are optimistic about the bike industry’s growth prospects, anticipating a boost in sales – supported by a ‘positive impulse’ from the...

1 Jul 2024

Although London has some of the best cycling infrastructure in the UK it continues to lag behind European cities including The Hague and Paris, according to a new global survey.

1 Jul 2024

ACT partner V12 Retail Finance has been announced as the sponsor for the Retailers Category at the BikeBiz Awards 2024, in association with Push.

1 Jul 2024

Consumer confidence is up in the UK for the third month in a row, according to GfK’s long-running Consumer Confidence Index.

24 Jun 2024

A cycle shop owner has criticised the police’s “abject apathy” towards bike theft after thieves attempted to break into his store for the second time in a year, on the same...

19 Jun 2024

Cytech-partner Activate Cycle Academy, which has specialist cycle maintenance training centres in Oxford, Guildford, Stafford and Darlington, will be exhibiting at this weekend’s York...

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E-bike sales drive European market growth

Posted on in Business News , Cycles News

Bicycle sales slowed sharply in Europe in 2022 after strong growth during the pandemic. But whilst traditional bicycles were less in demand electric bikes continued their explosion, the European Confederation of the Cycle Industry (Conebi) said last week.

cyclist


14.7 million bicycles without electric assistance were sold in 2022 in the EU and the UK – down 9.1% on 2021.


But electric assist bicycles (EABs) reached a record 5.5 million units, a rise of 8.6%. In particular, Germany, France and the Netherlands saw marked increases in demand. This now means that one in four bicycles sold in Europe is electric.


This trend can also be seen in Belgium, where e-bikes are seeing a significant surge in sales. Last year, around 700,000 bicycles were sold in Belgium, a large part of them electric bikes. While the traditional bicycle market grew just 2.6%, e-bikes saw sales grow 50% last year.


As EABs are considerably more expensive than “muscle” bikes but the decline in the number of bicycles sold has not prevented EU sales revenue from rising. In 2022 this reached €21.2 billion – a growth of 7.4% on the year previous.

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