Bicycle Imports Lower in May

This financial year will now almost certainly not exceed the previous financial year record set in 2012/13 after a slow month in May.

A total of 75,657 bicycles were imported, comprised of 21,994 kids’ bikes and 53,663 adult bikes. This is well down on the May figures for four of the previous five years. In particular,  May 2013 was almost double this figure at 148,506 units, which led to that year’s record total.

For the first 11 months of this financial year, 1,292,653 bicycles have been imported. If June falls within the range of figures for the four previous years of between 80,000 and 95,000, then the year will finish with a total of a little under 1.4 million bikes imported, which will make it the second highest financial year on record.

The split of adult bikes to kids’ bikes is currently 70/30 which is in line with the previous two years, although the long term trend has been a gradual increase in the adult bikes market share.

Australian Customs collect bicycle import figures which are then collated by Bicycle Industries Australia (BIA). Full data including comparison tables and charts are made available to BIA members only. BIA has kindly permitted us to publish summary figures and commentary when each new month’s data is released.