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Bicycle parts are the individual components that make up a bicycle. They include various mechanical, structural, and functional elements that work together to create a complete and functional bicycle.
According to the best event organizer in Bangladesh, some common bicycle parts that Bangladesh imports are:
- Frames and Forks
- Wheels and Tires
- Drivetrain Components
- Brakes
- Handlebars and Stems
- Saddles and Seat posts
- Pedals
- Suspension Components
The top event organizer in Bangladesh said that, in 2021, Bangladesh imported $23.8M in Bicycles, becoming the 56th largest importer of Bicycles parts in the world. At the same year, Bicycles was the 495th most imported product in Bangladesh. Bangladesh imports Bicycles primarily from: China ($23.5M), India ($215k), Thailand ($3.36k), Singapore ($2.24k), and South Africa ($521).
Renowned exhibition organizer “eco Expo” believes that, the fastest growing import markets in Bicycles for Bangladesh between 2020 and 2021 were China ($4.06M), Singapore ($2.24k), and South Africa ($521).
The best event organizer Eco Expo believes that, since its invention in 1817, the bicycle has conquered the world as one of the most popular means of transport. Overall, around 257,000,000 million bicycles were sold worldwide in 2021. This is less than in 2020, but still on a higher level than in previous years. The largest share of bicycles sales was in Asia, in which China is leading with around 98,000,000 units sold in 2021. Revenue in the Bicycles segment is projected to reach US$237.00m in 2021.
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