COVID delays. An update on the situation of the industry at large
To the mountain biking community, This famous year of 2020is about to end... What a time! As you know, the bike industry has generally been among the lucky ones to "benefit" from the situation.Demand has exploded. People have realised the value of cycling and the joys of mountain biking in the great outdoors. And this is obviously very good news for our planet. But on the other hand, with this rapidly growing demand, several factors are now slowing momentum. First of all, production. Particularly components. Finding the vast majority of components required to assemble a complete bike is extremely complicated today. Saddles, tyres, suspension, transmission. Major component brands such as Shimano, SRAM, FOX and Schwalbe, who produce mainly in Taiwan, give lead times of between 9 and 18 months. They are normally able to deliver within a maximum of 3 months. The reason for this stems from difficulties in finding certain raw materials and/or factories that have had to be shut down due to COVID, which also lengthened supply times. On top of this, issues related to transport. The delays in moving goods from Asia to all other continents have skyrocketed. A concrete example, it took us about 3 weeks to ship a container from Taiwan to Golden, Colorado, but now we need between 2 and 3 months. The ports are full. Boats are floating outside port entrances for several weeks whilst waiting to be able to dock. Transportation prices have suddenly and strongly increased. We are currently paying on average 4 times more for the delivery of a container compared to the same time last year. Therefore, for all these reasons combined, our production and delivery times have been greatly extended.
And of course, we apologise to those who are patiently or impatiently waiting for their bike, or who can't find their dream bike in the right size. We hope for a return to normal as soon as possible, but we believe it won't be until the end of 2021 at the earliest.
Yeti Cycles is in a slightly better position that Ibis as they have a narrower market and simpler supply chain. For most of their bike we should be able to delivery within 4 to 6 weeks of order. Ibis Cycles having 2 of the most thought after bikes on the market today and having already been under teething issues when Covid started in the spring, most bike ordered in 2021 will not see a delivery date before fall or even winter 2021. However, we have a few bikes on order since September 2020 that are to be delivered to Sweden sometimes around week 18 that could be the saving grace of the few that will pre-order them up (option are all chosen and when they are gone... they are gone) In the spirit of giving people a chance to get one of Ibis great bikes in 2021,
Happy holidays to all and let’s look forward to 2021 anyway!