Market Reports Spain

Due to the lack of any financial incentive, urban cycling is not a common sight in Spain. – Photo Bike Europe

Spanish bicycle market drops for the second year in a row

MADRID, Spain - The mismatch between supply and demand has hit the Spanish bicycle industry very hard. Significant stockpiling has been taking place at both distributors and stores. This situation has not been balanced out yet as the 2023 market statistics show. Still, the Spanish industry association AMBE who presented the market data is still confident about the future market. AMBE also noted that 2024 will still be a difficult year for the industry.

Spanish companies were able to shift up several gears in almost all EU countries. – Photo Bike Europe

Bicycle production in Spain much higher than pre-corona

MADRID, Spain - Bicycle manufacturing in Spain was well on track last year. Official statistics show a decrease in 2023 compared with 2022. However, at the close of the year, it became immediately evident that 2023 was a very good year for the Spanish bicycle industry.

Madrid’s cycling infrastructure is probably not as good as it should be, urban bicycles was the biggest growing category in 2022. – Photo Shutterstock

Urban bicycles and e-bikes take the lead in Spain

MADRID, Spain - After two record-breaking years, the Spanish bicycle industry closed 2022 with a downward readjustment in sales and turnover, but very positive figures for employment and national production. Some 1.357 million bicycles were sold last year, 13.6% less than in 2021.

Spain is one of the first EU countries to report a decline in production since this spring. – Photo Bike Europe

Spain reports drastic change in bicycle production volumes

MADRID, Spain - The value of bicycle production in Spain increased by 8.8% to €126.4 million in the first half of this year. In this period, a total of 171,218 bicycles were manufactured, representing a growth of 4.1% compared to the same period of 2021. However, the provisional figures from the Ministry of Industry, Commerce and Tourism show big monthly differences.

Spain's bicycle and e-bike market combined now represents a total market value of €1.55 billion. - Photo Bike Europe

Spanish e-bike sales in 2021 exceed previous year's record

MADRID, Spain - The hike in e-bike sales in 2020 was not a one-off as last year's sales record shows. According to the latest statistics published by the national bicycle industry organisation AMBE, e-bike sales volume increased by 5.3% in 2021.

“What we see happening in Spain is in line with the rest of European markets,” said AMBE’s President Javier López

E-bikes sales in Spain hit record numbers in 2020

MADRID, Spain - E-bike and bicycle sales in Spain hiked to more than 1.5 million units in 2020, a record. According to the latest statistics published by the Spanish Bicycle Industry Association AMBE, the total market volume increased by 24.1% compared with 2019. The e-bike category recorded the biggest growth.

According to the AMBE market study all e-bikes and bicycles combined made up 46.09% of the retail turn-over in 2019. - Photo Moustache Bikes

E-bike sales accelerate in Spain

MADRID, Spain - For the second consecutive year, the Spanish e-bike market expanded by large figures. In 2019 the e-bike sales volume increased by 28.3% to more than 140,000 units. The average retail price for an e-bike

Industry association AMBE notes ‘Demand for bikes is changing in Spain; It’s switching from regular mountain bikes to e-MTBs.’ – Photo Bike Europe

E-Bikes Now Also Turning Spain's Bike Market Around

MADRID, Spain - It took some more time as in other European countries, but electric bikes are now also making their mark on the bicycle market in Spain.

In Spain IBDs hold a market share of 76.5% of all bicycles sold. – Photo Bike Europe

E-Bike sales picking up in Spain

n line with Spain's official economic statistics, the sell-out figures of the country's national association of manufacturers, importers and distributors

Last year average sales price for a bicycle in Spain was 451 euro; up 6% on the 2014 price. – Photo Bike Europe

Spanish Bike Market Shows Small Growth

The bicycle market in Spain grew slightly with some 1% last year. According to the sell-out monitor of the country's industry association AMBE ...