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Why have bikes got more expensive? Covid-19 vs Brexit

January 22, 2021 at 2:00 pm Almost every manufacturer has increased the prices of their bikes for 2021. Globally, prices have also increased significantly over the past twelve months. Advertisement Lead times are also longer than they’ve ever been – sources quote a 12-month wait for key components and a chronic shortage of bikes across the world. But what’s to blame: Brexit or the pandemic? We talked to several key bike, kit and accessory manufacturers in the industry, as well as smaller niche manufacturers, to find out how Brexit and the Covid-19 pandemic has affected them. “Akin to crawling through a maze” Many of Cotic’s bikes are made in the UK but, like most bikes, are built with a mix of EU and non-EU components.

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