Posts Tagged ‘Import Data’
Bicycle Imports Showing First Signs of Normalising
Canberra, ACT After 18 months of dramatically lower monthly bicycle imports, the latest figures are showing early signs that import numbers might be beginning to return to more normal pre-covid levels. Since we last wrote about bicycle imports here we have received import data for January and February 2024. In January a total of 51,765…
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…
Children’s Bike Imports Up, Adults Down for Current Financial Year
Canberra, ACT As we previously reported, despite supply shortages, the 2020/2021 financial year was by far an all-time record for bicycle imports to Australia. But how is the current financial year faring so far? At the time of writing, we have Australian Customs import data for the first five months of the current financial year:…
Latest Import Data Reflects Covid Bike Boom Import Surge
As we all know, dealers and wholesalers have been short of bikes since not long after the pandemic broke out. But the latest data is strongly suggesting that this shortage is not due to a reduction of supply. In fact, imports have surged to record levels. It’s just that even these record imports have not…