Unlike the motorized vehicle sector, the bicycle trade in Asia has struggled to rebound from the COVID-19 pandemic. While motorized vehicles have significantly recovered, bicycle imports have only experienced a marginal 1.4% growth since the Paris Agreement in 2023. Furthermore, bicycle exports have taken a significant hit, plummeting by 17%. This stark contrast highlights the challenges faced by the Asian bicycle industry in regaining its pre-pandemic strength.
Asia bicycle trade (2003 - 2023)
Source: (International Trade Centre, n.d.)
Find out more about the associated report here:
Transport Decarbonisation in Asia: A Glass Half-Full or Half-Empty? A Primer for COP-29
Download the report
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