Source: Bike Europe

The newly published industry association RAI market research report shows only 923,000 bicycles and e-bikes sold in the Netherlands during 2021. In comparison, the 2020 figure stood at 1,098,000, equating to a 15.9% market shrink in 2021. This drop is attributed to current supply chain issues having a direct impact on product availability, triggering the record high drop in sales volume.