German E-Bike Market Sees Growth Despite Drop in Bicycle Sales
BERLIN, Germany – A long winter and a rainy summer caused bike shipments in Germany to dealers to drop 5.5% to a total of 3.75 million units in 2013. E-bikes however, continued to perform strong with sales rising 7.9% to a total of 410,000 units.
Money wise the German bike market (including electric bicycles) dropped with 2.5% to € 1.98 billion. Germany's industry association 'Zweirad Industrie Verband' (ZIV) estimates that the total market including parts & accessories sales and workshop turnover stood at close to 4 billion euro.
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