# Global Bicycle hub Market 2026

> World exports of bicycle hub (HS 871493) reached $783.4 million in 2024, 10% less than in 2019. China was the largest exporter with 23% of the world total, and Germany was the largest buyer.

- Publisher: Stratum Market Research
- Page: https://stratummarketresearch.com/reports/bicycle-hub-market/
- Sector: Mobility & Transport
- Scope: Global
- Updated: 2026-11-09
- Headline figure: 783.4 USD million (World exports, 2024)

## What this market covers

Hubs and freewheel sprocket wheels for bicycles.

Segments: Front hubs, Rear hubs, Freewheels.

Typical buyers: Bicycle makers, Parts distributors, Bike shops.

## Key figures

| Figure | Value | Year |
|---|---|---|
| World exports of bicycle hub (HS 871493) were worth $783.4 million in 2024. | 783.4 USD million | 2024 |
| World exports were 10% lower in 2024 than in 2019 ($869.9 million), calculated from the annual totals. | -10 % since 2019 | 2024 |
| China was the largest exporter in 2024, with 23% of world exports ($181.4 million). | 23 % of world exports | 2024 |
| The three largest exporters, China, Taiwan and Japan, shipped 52% of world exports in 2024. | 52 % of world exports | 2024 |
| Germany was the largest importer in 2024, buying $107.7 million, or 14% of world imports. | 14 % of world imports | 2024 |
| 27 countries exported more than $1 million of this product in 2024. | 27 countries | 2024 |
| The average world export price was about $13.91 per kilogram in 2024, calculated from value and weight. | 13.91 USD per kg | 2024 |
| Countries exported 56.3 thousand tonnes of this product in 2024. | 56.3 thousand tonnes | 2024 |
| Among the ten largest exporters, Germany grew fastest, with exports up 55% from 2019 to 2024. | +55 % since 2019 | 2024 |

## Why this market is moving now

- World trade shrank 10% from 2019 to 2024, a direct read on cross-border demand.
- Germany is gaining ground: its exports rose 55% from 2019 to 2024, the fastest among the ten largest exporters.

## Largest exporting countries, 2024

| Rank | Country | Value (USD million) |
|---|---|---|
| 1 | China | 181.4 |
| 2 | Taiwan | 130.7 |
| 3 | Japan | 92.3 |
| 4 | Indonesia | 72.5 |
| 5 | Germany | 66.1 |
| 6 | Malaysia | 32.9 |
| 7 | India | 27.2 |
| 8 | Singapore | 21.1 |
| 9 | Switzerland | 20.7 |
| 10 | Netherlands | 17.9 |

## Largest importing countries, 2024

| Rank | Country | Value (USD million) |
|---|---|---|
| 1 | Germany | 107.7 |
| 2 | Singapore | 60.4 |
| 3 | China | 49.9 |
| 4 | Poland | 48.2 |
| 5 | Netherlands | 46.7 |
| 6 | Taiwan | 40.6 |
| 7 | Hungary | 36.3 |
| 8 | United States | 32.8 |
| 9 | France | 26.5 |
| 10 | Brazil | 22.9 |

## World exports of HS 871493, USD million

| Year | Value |
|---|---|
| 2017 | 670.5 |
| 2018 | 813.9 |
| 2019 | 869.9 |
| 2020 | 920.4 |
| 2021 | 1,448 |
| 2022 | 1,680 |
| 2023 | 1,036 |
| 2024 | 783.4 |

## Questions and answers

### How big is the global bicycle hub market?

There is no single official market total. World exports of HS 871493 reached $783.4 million in 2024, a direct measure of cross-border trade.

### Which countries export the most bicycle hub?

China led world exports in 2024 with 23% of the total, followed by Taiwan, Japan and Indonesia.

### Which countries import the most bicycle hub?

Germany was the largest importer in 2024, followed by Singapore, China and Poland.

### Is world trade in bicycle hub growing?

World exports were 10% lower in 2024 than in 2019.

### What is the average export price of bicycle hub?

Dividing world export value by weight gives about $13.91 per kilogram in 2024.

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## How to cite

Stratum Market Research, "Global Bicycle hub Market 2026", updated 9 Nov 2026, https://stratummarketresearch.com/reports/bicycle-hub-market/