The annual household expenditure on bicycles in the UK increased between 2015 and 2020. Household expenditure on bikes had risen particularly strongly at the beginning of the COVID-19 pandemic, between 2019 and 2020. Expenditure began dropping in 2021, decreasing to 1.6 billion pounds by 2023.
Annual household expenditure on bicycles in the United Kingdom (UK) from 2011 to 2023 (in million GBP)*
Household final consumption expenditure based on chained volume measures (seasonally adjusted). Figures are given here in volume terms rather than value terms to give a better picture of whether households purchased more or less goods and services over the period in consideration.
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Office for National Statistics (UK). (March 28, 2024). Annual household expenditure on bicycles in the United Kingdom (UK) from 2011 to 2023 (in million GBP)* [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/533150/bicycle-purchase-trend-united-kingdom-uk/
Office for National Statistics (UK). "Annual household expenditure on bicycles in the United Kingdom (UK) from 2011 to 2023 (in million GBP)*." Chart. March 28, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/533150/bicycle-purchase-trend-united-kingdom-uk/
Office for National Statistics (UK). (2024). Annual household expenditure on bicycles in the United Kingdom (UK) from 2011 to 2023 (in million GBP)*. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/533150/bicycle-purchase-trend-united-kingdom-uk/
Office for National Statistics (UK). "Annual Household Expenditure on Bicycles in The United Kingdom (Uk) from 2011 to 2023 (in Million Gbp)*." Statista, Statista Inc., 28 Mar 2024, https://www.statista.com/statistics/533150/bicycle-purchase-trend-united-kingdom-uk/
Office for National Statistics (UK), Annual household expenditure on bicycles in the United Kingdom (UK) from 2011 to 2023 (in million GBP)* Statista, https://www.statista.com/statistics/533150/bicycle-purchase-trend-united-kingdom-uk/ (last visited August 24, 2024)
Annual household expenditure on bicycles in the United Kingdom (UK) from 2011 to 2023 (in million GBP)* [Graph], Office for National Statistics (UK), March 28, 2024. [Online]. Available: https://www.statista.com/statistics/533150/bicycle-purchase-trend-united-kingdom-uk/