Bike sales fall to their lowest level for 20 years 19th March 2023

SEJ backs cycling, so take no pleasure in the news bike sales fell to their lowest level for 20 yrs. Recent investment in cycling may yet bear fruit but the findings re-enforce recent TfL research that LTNs are only having a limited impact on numbers cycling.

Bike sales have dipped to their lowest level in two decades as the pandemic boom in cycling turns to bust. The Bicycle Association’s Annual Market Data Report shows that pedal bike sales fell 22 per cent to 1.88 million last year — more than a quarter below pre-Covid levels. Sales of children’s bikes slumped even faster, falling by 28 per cent compared with 2019, to 700,000. The report, called “Riding out the Storm”, noted that demand for electric bikes had been more stable but “overall volumes have plateaued since 2020”.

For more detail (behind the paywall): https://www.thetimes.co.uk/article/bike-sales-fall-to-lowest-level-in-20-years-tt5qp5tpg