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Retail Sector Reacts with Cautious Welcome to Chancellor’s Autumn Statement

Retail and small business organisations have given a cautious welcome to business-focused aspects of the Chancellor’s Autumn Statement.

17 Nov 2022, more…

Confront the recession head on, says the ACT.

Cycle retailers around the UK facing up to the imminent challenges of recession will need to stay one step ahead of the curve to survive. Now is the time to benefit from being part of something...

17 Nov 2022, more…

Grants of £30K available to create up to eight secure cycle storage facilities across Belfast

Belfast City Council is seeking expressions of interest to provide publicly accessible secure cycle storage facilities across the city.

15 Nov 2022, more…

Global Bicycle Market Forecast to reach $130 billion by 2033

New research from Research Nester has forecast that between now and 2033, the global bicycle market could reach an estimated value of approximately $130 billion, by expanding at a compound...

15 Nov 2022, more…

Mary Portas warns government to act now or see half of high street shops shut

Ahead of the Chancellor’s Autumn Statement this week, retail expert Mary Portas called on the Government to rethink business rates and VAT to help struggling retailers.

14 Nov 2022, more…

94% independent retailers urge government to ‘preserve UK high streets’

A new report by Ankorstore and retail consultant Mary Portas has found that 94% of independent retailers want the government to act in next week’s budget to preserve the UK’s high...

10 Nov 2022, more…

bira offers guidance on energy bill relief scheme

bira has been offering guidance to retailers on how to take advantage of the Government’s energy bill relief scheme.

9 Nov 2022, more…

Black Friday consumer spending forecast to drop 50% this year

Figures from research conducted by global marketing agency Wunderman Thompson Commerce suggested consumers are set to spend up to 50% less than usual this Black Friday, November 25th.

7 Nov 2022, more…

Cycling Industry News launches annual Market Study

Cycling Industry News’ sixth annual Market Study has today gone live with independent retailers, workshops and mobile mechanics invited to take part by clicking here.

3 Nov 2022, more…

A third of drivers want cyclists banned from public highways, new research suggests

New research has suggested as many as one in three drivers believe cyclists shouldn’t be allowed on public highways and should be confined to cycle paths.

3 Nov 2022, more…

UK E-bike imports see modest increase in units but larger increase in value

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UK E-bike imports see modest increase in units but larger increase in value

Posted on 31 Jan 2019

electric bike

UK e-bike imports between the period of January and December 2017 and the same period 2018 have seen a year on year unit growth of 1.8%.

Although the number of e-bike unit imports hasn't grown significantly, the value of those e-bikes has. The total value of e-bikes that have entered the UK has increased from £37.7 million in 2017 to £41.4 million in 2018. This is a value increase of 9.5%. 

Market swing to e-bike imports from the EU

2018 also saw a swing in markets with an increase in e-bikes imported from the EU and a decline in imports for Asia. The value share of e-bikes coming in from the EU increased from 44% to 51% with a unit share increase of 46%.

E-bike imports from Asian countries have gone down respectively between 2017 and 2018. This reduction in import levels from Asian countries is likely due to the anti-dumping legislation uncertainty.

Read the full report on Bike Europe.

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