June shipping manifest data reverses some of the shifts seen in May, with increased Ebike imports and slightly declined traditional imports. Nonetheless, traditional bike imports continue to be at elevated levels, putting strain on a market struggling with sell through constraints. For those paying attention to wholesale inventories reported by People for Bikes, and publicized by Bicycle Retailer, this pain will be little surprise.
As we can see from the following chart, the ratio of Ebike to traditional bicycles on shipping manifests appear to be converging on 20%. We will likely continue to see fluctuations in both the absolute quantity of imports and the ratio of Ebikes as the industry struggles to work through the inventory challenges currently faced throughout the US.
|Month||Electric||Traditional||Electric Import Share|