How Portugal is cycling to success

Portugal is the biggest bicycle manufacturer in Europe. What’s the country’s secret to lead that peloton…?

The global bicycle market is set to grow by 5% every year over the next decade. Demand has been rising, particularly since the start of the coronavirus pandemic as people look for an alternative to crowded public transport. Concern for climate change and rising fuel prices have also helped to push people onto bikes.

Portugal is the biggest bicycle manufacturer in Europe. According to Eurostat, it produced 2.9 million bicycles in 2021, with exports generating around 594 million euros – almost 610 million US dollars – and sales are up 49% this year.

My podcast for the BBC’s Business Daily on World Service Radio.

Portugal’s Secretary of State for Urban Transport, Jorge Delgado explains how the government is trying to encourage more people to cycle in Portugal, where there’s been a historical reluctance, by investing more in infrastructure and giving free bikes to school children.

Leave a Reply