Dutch bike sales hit lowest point in 30 years
Despite this revenues from bicycle sales reached a record high by increasing 4.2 percent, mostly thanks to the increasing popularity of expensive electric bikes, ANP reports.
Last year 928 thousand new bicycles were sold, a decrease of 5.7 percent and the lowest point since 1987.
In 2007 a total of 1.4 million bikes were sold, but since then sales decreased every year.
Despite decreasing sales, revenues increased by 4.2 percent to a record of nearly 937 million euros.
Revenues from electric bike sales accounted for 534 million euros of that money, nearly 57 percent.
The average price of a new bike reached 1,000 euros for the first time last year. In 2015 the average price was 914 euros, and in 2007 it was just over 600 euros. ■