CONEBI reports on a “stable” year for the European bicycle industry, sales return to pre-Covid levels

Stability is the finding CONEBI has identified through its 19th edition of the European Bicycle Industry & Market Profile (BIMP). It found that market conditions are stable and sales are “settling back to pre-pandemic levels after the exceptional surge in demand during COVID-19”.

CONEBI has gone lighter on the statistics it is freely sharing than in previous years, but it did include a few broader insights: In 2024, manufacturers have gradually scaled back output as inventories from previous years are absorbed, aligning production more closely with current demand. Employment levels “adjusted in parallel”.

Despite normalisation in demand, the eBike segment sustained strong interest and continued to represent a significant share of the market.

CONEBI also alluded to an interesting trend, where there has been a higher reliance on domestically produced units (and existing inventory, naturally) rather than fresh imports or exports. That continues a broader trend seen in the previous year (2023) where European production increased.

“This year has again underscored how essential our role is as a bridge between the European bicycle industry and the institutions that shape its future,” said Massimo Panzeri, CONEBI President. “At CONEBI, we are not only navigating regulatory frameworks to ensure our industry remains competitively compliant — we are helping shape them to ensure the bicycle industry remains a key pillar of Europe’s green and digital transitions.”

At Eurobike, CONEBI confirmed it is planning to merge with CIE (Cycling Industries Europe).