The Economic Value of the Bicycle Industry in the United Kingdom

The downturn in 2016 is volume driven as the value added per bike is 10.5% above historical averages.

2010Value Added per Bike£111.25-4.8%Gross Value Added435M | +6.1%Gross Value Added vs. Qtrly Avg£113M£136M£69.0M£117MQ1Q2Q3Q4
2011Value Added per Bike£128.61+10.1%Gross Value Added436M | +6.4%Gross Value Added vs. Qtrly Avg£133M£134M£62.1M£107MQ1Q2Q3Q4
2012Value Added per Bike£110.67-5.3%Gross Value Added392M | -4.3%Gross Value Added vs. Qtrly Avg£109M£114M£69.5M£99.8MQ1Q2Q3Q4
2013Value Added per Bike£117.57+0.6%Gross Value Added401M | -2.2%Gross Value Added vs. Qtrly Avg£122M£114M£68.1M£96.4MQ1Q2Q3Q4
2014Value Added per Bike£110.50-5.4%Gross Value Added408M | -0.3%Gross Value Added vs. Qtrly Avg£111M£115M£79.6M£103MQ1Q2Q3Q4
2015Value Added per Bike£114.35-2.1%Gross Value Added422M | +3.1%Gross Value Added vs. Qtrly Avg£111M£127M£71.3M£113MQ1Q2Q3Q4
2016Value Added per Bike£128.72+10.2%Gross Value Added373M | -8.9%Gross Value Added vs. Qtrly Avg£121M£102M£61.2M£89.6MQ1Q2Q3Q4