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Germany Reports Record €160 Million in Bicycle Theft Losses for 2024

Despite a decline in reported thefts, the targeting of high-value e-bikes drove average losses to €1,190, the highest in two decades.

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Overview

  • Police recorded 246,000 bicycle thefts in 2024, a 6.9% decrease from the previous year, but less than 10% of cases were solved.
  • Insurers reported 135,000 claims for stolen bicycles in 2024, 10,000 fewer than in 2023, yet payouts rose to a 20-year high of €160 million.
  • Thieves increasingly targeted premium bicycles and e-bikes, with organized criminal gangs exporting stolen bikes abroad.
  • The average financial loss per stolen bicycle reached €1,190, more than triple the average from 20 years ago.
  • Insurers recommend using high-quality locks, securing bikes in visible areas, registering bicycles, and maintaining adequate insurance coverage.