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16 Oct 2023

Thousands more people will start cycling, or be given support to cycle more, thanks to a new £4 million funding boost for Cycling UK’s Big Bike Revival programme.

16 Oct 2023

Cytech accredited ACT member MTB Monster, a mountain bike specialist near Blackburn, which has seen rapid growth of its team and expansion of its physical space, is working with Lancashire...

16 Oct 2023

Consumer safety charity Electrical Safety First has called again for e-bikes, e-scooters and their batteries to be better regulated in the UK after New York City recently introduced rules that...

10 Oct 2023

Flexi Voucher lets customers spread tax-free shopping over the year

6 Oct 2023

gogeta, the new tax-free cycling platform that offers a much fairer deal for independent bike retailers, has had more than 150 retailers sign up since its launch. gogeta, which is the only cycle...

4 Oct 2023

Shop owners have called on the Home Secretary to specifically outlaw attacks on retail workers.

4 Oct 2023

From the start of October, bans and restrictions on single-use plastic cutlery, polystyrene cups and food containers, single-use balloon sticks and certain types of polystyrene cups and...

2 Oct 2023

A new survey conducted to coincide with Cycle to School Week has revealed that more than a third of children are put off riding a bike because the roads are too busy. 28% said that...

2 Oct 2023

Simon Storey, of The Bicycle Bus has been presented with the Green Award at the BBC Coventry & Warwickshire Make a Difference Awards.

2 Oct 2023

A new report has indicated a total year on year fall of 8% in the UK bicycle market, with both mechanical and electric bikes affected. Sales of the latter were especially impacted and lagging...

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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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