Portugal once again breaks the record as the largest European bicycle manufacturer

Bicycle exports reached 815 million euros in Portugal in 2022, a brand new report pushed primarily by electrical corporations that provides hope to the sector to stay yet one more yr as the most important producer in Europe.

Portugal once again breaks the record as the largest European bicycle manufacturer

Bicycle exports reached 815 million euros in Portugal in 2022, a brand new report pushed primarily by electrical corporations that provides hope to the sector to stay yet one more yr as the most important producer in Europe.

"We hope to proceed being leaders," Gil Nadais, the overall secretary of the Portuguese Nationwide Affiliation of Two-Wheeled Industries (Abimota), advised EFE, breaking down the numbers: 367 million euros have been exported in typical bicycles, 287 million in electrical and one other 161 million in parts.

In comparison with the figures for 2021, development has been 37%.

Portugal sells bicycles above all to Germany, the Netherlands, France and Spain, and the sector trusts that the numbers are the prelude to a different yr on the high of the producers' podium, ready for Eurostat to publish the info for the continent.

The Portuguese nation has led manufacturing since 2019, when it manufactured 2.7 million bicycles, and the quantity has not stopped rising: in 2021 there have been a complete of two.9 million, in keeping with the European statistical workplace.

From Abimota they emphasize that the best development is registered in electrical bicycles, whose exports are getting nearer and nearer to these of typical bikes.

"I would not be stunned if this yr we began to export extra electrical bicycles than typical bicycles," says Nadais.

Paradoxically, the European nation that produces probably the most bicycles is a type of that pedals the least, since a 2020 Eurobarometer positioned Portugal amongst those who used this medium the least, together with Cyprus.

Not one of the residents surveyed from each international locations acknowledged that they used this implies of transport for his or her day-to-day journey.

Even so, within the sector they belief that the state of affairs will change: "Increasingly more persons are seen driving bicycles," says the chief of Abimota.

To encourage their use, Portugal has been the primary nation within the European Union to use decreased VAT to bicycles and since final January the acquisition and restore of bicycles is taxed at 6%.

In 2023, it additionally maintained assist for the acquisition of bicycles, each typical and electrical and cargo, with financing from the Environmental Fund.

With increasingly more measures to advertise the usage of bicycles, with an eye fixed on local weather objectives and the promotion of latest types of mobility, the bicycle business in Portugal is making ready to proceed rising.

"We're making a robust dedication as a result of in Portugal, supported by funds from the restoration and resilience plan, corporations within the sector are going to take a position greater than 200 million euros in modernizing their manufacturing strains, producing new parts and innovating", highlights the Basic Secretary of Abimota.

The primary figures recommend that 2023 will probably be one other yr of will increase.

"In January we elevated exports by 22% in comparison with January of the earlier yr. We'll see the approaching months. We hope this pattern will proceed," concludes Nadais.

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