Japan - Bicycles And Other Cycles (Not Motorized) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Japan - Bicycles And Other Cycles (Not Motorized) - Market Analysis, Forecast, Size, Trends and Insights

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Bicycle Price in Japan - 2023

Contents:

  1. Bicycle Price in Japan (CIF) - 2023
  2. Bicycle Price in Japan (FOB) - 2023
  3. Bicycle Imports in Japan
  4. Bicycle Exports in Japan

Bicycle Price in Japan (CIF) - 2023

In September 2023, the average bicycle import price amounted to $135 per unit, rising by 11% against the previous month. Overall, the import price showed a relatively flat trend pattern. The import price peaked at $154 per unit in December 2022; however, from January 2023 to September 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Taiwan (Chinese) ($1,027 per unit), while the price for China amounted to $107 per unit.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.7%).

Bicycle Price in Japan (FOB) - 2023

In September 2023, the average bicycle export price amounted to $17.9 per unit, growing by 6% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in November 2022 when the average export price increased by 8% month-to-month. Over the period under review, the average export prices reached the peak figure in September 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Cambodia ($23.3 per unit), while the average price for exports to Ghana ($13.7 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Bicycle Imports in Japan

In 2022, approx. 5M units of bicycles and other cycles were imported into Japan; which is down by -16.7% on the previous year's figure. Over the period under review, imports recorded a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 3.4%. Over the period under review, imports reached the peak figure at 6.2M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, bicycle imports shrank modestly to $678M in 2022. In general, imports, however, continue to indicate a slight expansion. The growth pace was the most rapid in 2021 when imports increased by 8.6%. As a result, imports attained the peak of $703M, and then contracted in the following year.

Import of Bicycle in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5715776405860.9%
Taiwan (Chinese)73.054.645.754.2-9.4%
Others14.815.217.437.436.2%
Total6596477036781.0%

Top Suppliers of Bicycle to Japan in 2022:

  1. China (4.9M units)
  2. Taiwan (Chinese) (0.1M units)

Bicycle Exports in Japan

For the third year in a row, Japan recorded decline in overseas shipments of bicycles and other cycles, which decreased by -5% to 2.6M units in 2022. Over the period under review, exports saw a drastic downturn. The exports peaked at 3.1M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, bicycle exports fell to $41M in 2022. Overall, exports continue to indicate a abrupt contraction. The smallest decline of -3.1% was in 2020. The exports peaked at $49M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Bicycle in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Myanmar4.13.41.49.331.4%
Cambodia8.76.57.77.1-6.5%
Iraq3.97.52.04.11.7%
Ghana10.19.010.74.0-26.6%
Tanzania3.93.85.14.00.8%
United Arab Emirates1.92.63.82.59.6%
Afghanistan5.53.12.71.7-32.4%
Nigeria3.21.51.91.5-22.3%
Philippines2.05.13.21.5-9.1%
Others6.15.56.55.0-6.4%
Total49.447.945.040.6-6.3%

Top Export Markets for Bicycle from Japan in 2022:

  1. Myanmar (700.3K units)
  2. Cambodia (375.5K units)
  3. Ghana (317.9K units)
  4. Tanzania (270.3K units)
  5. Iraq (245.9K units)
  6. United Arab Emirates (143.0K units)
  7. Afghanistan (121.4K units)
  8. Philippines (106.8K units)
  9. Nigeria (96.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bicycle market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 30921000 - Bicycles and other cycles (including delivery tricycles), nonmotorised
  • Prodcom 30921030 -
  • Prodcom 30921050 -

Country coverage:

  • Japan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Japan
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
Store
Blog
Event
Japan's July 2023 Bicycle Imports Surge by 3% to Reach $35M
Oct 17, 2023
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From April 2023 to July 2023, the imports of bicycles showed a slight decrease. The total value of bicycle imports in July 2023 amounted to $35M.

Top Import Markets for Bicycles
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Explore the top import markets for bicycles and their key statistics. Discover the booming bicycle industry and the countries driving its growth. Find out the latest import values and trends in the global bicycle market.

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Which Country Exports the Most Bicycles in the World?
May 28, 2018
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In 2016, the amount of bike imported worldwide stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, it indicated a moderate expansion from X>

Bicycle Market - Global Trade in Bicycles Wasted Its Growth
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The global trade in bicycles amounted to X million USD in 2015, fluctuating mildly over the period under review. A significant drop in 2009 was followed by robust growth over next three years, until it levelled off thro

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Canyon Bicycles, a well-known German bicycle producer, has announced the opening of an office in Melbourne, Australia, as well as the launching of direct sales in New Zealand. The new office will act as a representative of Canyon Bicycles, participatin

Japan's July 2023 Bicycle Imports Surge by 3% to Reach $35M
Oct 17, 2023
Eye 229

From April 2023 to July 2023, the imports of bicycles showed a slight decrease. The total value of bicycle imports in July 2023 amounted to $35M.

Top Import Markets for Bicycles
Dec 20, 2023
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Explore the top import markets for bicycles and their key statistics. Discover the booming bicycle industry and the countries driving its growth. Find out the latest import values and trends in the global bicycle market.

Expansion of Bike Sharing Services and Increased Consumer Attention to Health Support the Global Bicycle Market After the Pandemic Wanes
Sep 2, 2020
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In 2019, the global bicycle market increased by 0.4% to $18.8B, rising for the fourth consecutive year after four...

Free Data: Bicycles And Other Cycles (Not Motorized) - Japan