>>1727416>whyIn early 2020, a highly infectious respiratory virus led nations across the world to take public health measures that reduced industrial output but also led to an increased popularity for all kinds of outdoor activities. This led to a decreased supply of new bicycles and parts and also an increased demand for the same, which in turn led to shortages and increased prices for bicycles. While the public health risks of the SARS-CoV-2 virus were to a largely mitigated (but not eliminated) by public health measures and the relatively quick development of vaccines, disruptions throughout the global economy persisted in the form of supply chain disruption, which continued to restrict the supply of bicycles into 2023. This restriction on the number of bicycles in the marketplace also encouraged sellers of used bikes to ask for higher prices, in response to current perceived market values.
