Hungarian bicycle makers face parts shortage
The impact of the pandemic has made cycling more popular in Hungary, but local bicycle manufacturers are facing a shortage of parts, mainly from Asia, which has led to closures this year, the head of the company said. Hungarian Association of the Bicycle Industry and Trade.
Róbert Sipiczki noted that Hungarian companies produced 390,000 bicycles last year, of which 280,000, mainly to Germany, the Netherlands, Austria and Switzerland. The sector’s revenues increased by 5-7% to around HUF 130 billion, he added.
Currently, the largest bicycle maker in Hungary is Dutch company Accell Hunland, but Taiwanese Giant will start large-scale production at a factory in Gyöngyös this year. The Hungarian companies Csepel, Gepida, Neuzer and Koliken are also big players in the market.
Bicycle sales in Hungary reached almost 260,000 last year, up from 225,000 in 2019.
Around 71% of Hungarian adults cycle with varying degrees of frequency, according to a representative survey conducted by the Hungarian Cycling Club in 2020.
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