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22 Apr 2024

The managing director of Brompton has backed a campaign to introduce stricter e-bike battery regulations in the UK, amid "too many examples of e-bikes, e-scooters and light electric...

15 Apr 2024

The Rediscovery Centre, the National Centre for the Circular Economy in Ireland, today announced its partnership with Cytech, the internationally recognised training and accreditation scheme for...

12 Apr 2024

Just two weeks remain for the UK cycle industry to have its say on the current Government consultation to double the permissible power of e-bikes, and to remove the need for pedalling.

10 Apr 2024

Award-winning cycling business Spokes Bikes has added a new shop in Greenock to existing shop in Bridge of Weir.

9 Apr 2024

Communities across England are to be given access to £101 million of government funding for high-quality walking and cycling routes, improving the quality of local public engagement for...

9 Apr 2024

The founders of a Wirral bike recycling scheme have opened a hub across the River Mersey as part of a campaign to encourage more people into cycling.

8 Apr 2024

 A new video from the London Cycling Campaign (LCC) launched ahead of the mayoral election on May 2 urges followers to “make sure London’s next Mayor knows just how much we all...

8 Apr 2024

A new study has suggested that cities need to take into account the rapid growth and serious potential of electric bikes in moving people.

8 Apr 2024

A new study conducted by the Department of Industrial Engineering, Capital University of Economics and Business, Beijing, says a bike’s cost and the income of the buyer play the biggest...

3 Apr 2024

The Association of Cycle Traders is urging cycle retailers to register their opposition to proposed government changes to e-bike regulations before the consultation closes on April...

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New report suggests UK bike sales have fallen to a new low.

Posted on in Business News , Cycles News

A new report on the state of the UK cycle industry suggests that bike sales have fallen once again, months after it was reported that they had fallen to a 20-year low in 2022.

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The Bicycle Association's mid-year report for the first half of 2023 suggest that mechanical bike sales have fallen by 8% and e-bike sales by 12%. The total market value of the cycle industry has dropped by 8% compared with the same period last year.

The numbers, which come from a low start point, see bike sales in the UK dropping to their lowest level in two decades, 27% below pre-Covid levels as the cost-of-living crisis impacts.

Mechanical bike sales in the first six months of 2023 were down a third on the same period in 2019, while the UK cycling market's value is projected to fall to £1.57 billion for 2023, compared with £1.9 billion in 2019.

E-bike sales particularly were mentioned as being disappointingly low. While it was expected the e-bike market was one that could continue to grow, despite the challenging context, e-bike sales have dropped by 12%, with e-mountain bikes the only category in the e-bike market that has seen sales up on the same period in 2022.

The report notes that e-bike sales have fallen further behind European sales, with consumers on the continent embracing them faster than here in the UK.

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