Italian bicycle market closes 2023 with 23% decline in sales
MILAN, Italy – The 2023 bicycle market in Italy closed with a 23% year-on-year decline in sales volume. Italy’s bicycle industry association ANCMA reported a distribution of just over 1.3 million bicycles and e-bikes combined, generating a turnover of € 2.6 billion, a decrease of 18% compared to 2022. Source
MILAN, Italy – The 2023 bicycle market in Italy closed with a 23% year-on-year decline in sales volume. Italy’s bicycle industry association ANCMA reported a distribution of just over 1.3 million bicycles and e-bikes combined, generating a turnover of € 2.6 billion, a decrease of 18% compared to 2022.
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