JULY 2024 Positive indicators: Market recovery emerging in 2024 CONTENTS Are overstocked warehouses cleared? 2 Industry to gauge current market sentiment at Eurobike When Eurobike opens its doors, it will be clear if the market performance in spring has helped clear overstocked warehouses. Market recovery in 2024? 4 European benchmarks offer positivity for retailers Dutch and German market indicators are suggesting that 2024 could be the year of market recovery e-bike imports stabilise 6 Freefall ends as EU-27 e-bike imports stabilise Eurostat import figures for the EU-27 show that the considerable drop in e-bike imports of last year has stabilised in Q1. Q1 results no easy reading 7 Bicycle producers continue to struggle in Q1 The financial results for the first 3 months of 2024 were not easy reading for many major players in the bicycle industry.