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Dutch bike sales hit lowest point in 30 years

Staff Writer |
Last year bicycle sales in the Netherlands dropped to the lowest level in 30 years, according to figures from RAI, Bovag and GfK.

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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.

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