Posts Tagged ‘Bicycle Imports’
Australian Bicycle Imports Remain at Record Lows
Canberra, ACT Every Australian bicycle retailer and wholesaler knows from first-hand experience that since the end of Covid lockdowns, our market has been overstocked, resulting in widespread discounting which causes unwanted erosion of margins and profits. While this situation is not universal across all bicycle categories, particularly in the high end, in the volume market…
Bicycle Imports in Freefall but Unit Value Soars
Canberra, ACT Bicycle import numbers in Australia were on an earthbound trajectory when The Latz Report last reported on the data late last year. My article on the data to the end of September 2022 reported: “It appears that after two years of stratospheric bicycle imports, numbers are starting to fall back to earth.” One…
Monthly Bike Imports Starting to Fall
Canberra, ACT It appears that after two years of stratospheric bicycle imports, numbers are starting to fall back to earth. Bicycle imports for August were slightly lower than most pre-Covid years and September imports were significantly lower. In August, 117,864 bikes were imported. That’s the third lowest August total since 2009 and the two years…
Australian Bicycle Imports Top 1.5 Million for the Second Time Ever
Canberra, ACT A total of 1,534,544 bicycles were imported to Australia for the full 2021/22 financial year – only the second time imports have topped 1.5 million. It first happened in 2020/21, when imports rose by 520,000 units on the previous year and hit an all-time record of 1,690,637 million units. Of course, everyone knows…
Bicycle Imports Still Near Record Levels
Canberra, ACT Australia’s bike import figures for 2021/22 appear set to remain near the lofty numbers set during last year’s record-breaking period. While import data for June 2022 is yet to confirmed, figures for the previous 11 months are enough to confirm the 2021/22 financial year will finish second only to the previous financial year’s…