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Bicycles: Growing Business in Costa Rica

The restriction to vehicle circulation and the need to play sports during the quarantine decreed due to the covid-19 outbreak, are some of the factors that boosted the purchase of bicycles in the Costa Rican market.

Monday, December 14, 2020

Figures from the National Customs Service of the Ministry of Finance show that between January and November 2019 and the same period in 2020, bicycle imports increased by 11%.

In early September, CentralAmericaData anticipated this phenomenon. At that time, it was reported that in all markets of the region, interest in bicycles reported a clear upturn, with Guatemala, Costa Rica, Honduras and El Salvador being the countries that registered the greatest increase in Internet searches and conversations associated with the subject.

Oscar Avila, president of the Association of Bicycle Manufacturers and Importers (Afiba), told Nacion.com that "... With the pandemic, cycling became fashionable and is a worldwide reality. There was an unprecedented increase in bicycle purchases at their businesses during the pandemic."

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Victor Vargas, owner of Ciclo Victor Vargas, explained that "... 'if you've noticed the increase in demand for bicycles, since basically when I ride on the street as a cyclist, you usually see a fairly large amount. And also new cyclists, mainly looking for advice."

According to dealers, mountain bikes are the most sought-after by customers, but sales of road bikes are considerable.