So far in 2021, Russia has experienced a slump in bicycle sales as compared to the last year, due to a high base of comparison and the booming popularity of scooters, according to research conducted by the Yandex.Market trading platform. Russian consumers have also started to buy fewer skateboards and longboards for similar reasons. A 24 percent drop in bike sales year-on-year from February to April could also be largely attributed to delays in deliveries, caused by a shortage of components, and a sharp rise in prices. On average, the price for new bicycles in Russia jumped by 50 percent as compared to the same period of the previous year, Yandex.Market estimated. In contrast with the situation in the bike market, Russia is experiencing a booming demand for gyro scooters, roller skates and electrically powered scooters. In the scooter segment, sales jumped by a factor of 10 times as compared to the same period of the last year. As a result, overall sales of bicycles, unicycles, gyro scooters, roller skates, scooters, and skateboards increased by 38 percent in Russia and by 63 percent in Moscow between February and April as compared to the same period last year, the researchers said. January was probably still too cold for such purchases. On the other hand, in 2020, the Covid pandemic spurred the demand for bicycles in Russia, leading to a 20 percent increase in terms of volume as compared with the previous year.

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