The Absa Cape Epic is seen globally as the ultimate test in mountain bike stage racing. A combination of the world’s best racers, the potential for extreme weather conditions, rugged terrain and the high pressure that comes with a UCI HC-race ranking, the annual eight day South African race is also seen as the true testing ground for marathon racing bikes. In Part 3 of our annual TREAD Absa Cape Epic Survey, we look at the average bike value, most popular bike brands and more bike-related insight.

NOTE: IF READING THIS ON A PHONE, TURN IT TO LANDSCAPE TO ENSURE YOU SEE THE FULL TABLES

Of the 1 380 riders that entered the 2018 Cape Epic, a total of 1 299 took the rider survey. That’s 94%, which is an exceptionally large sample size. Here’s how their bike stats looked as well as some historical analysis…

Average bike value

Year Rand value % increase over previous year Cost of US $1 on 31 March that year
2019 R99 296 2.21% R14.30
2018 R97 145 3.03% R11.84
2017 R94 286 23.97% R13.29
2016 R76 052 25.18% R14.71
2015 R60 752 35.19% R12.12
2014 R44 937 6.37% R10.58
2013 R42 244 4.69% R9.24
2012 R40 349 7.56% R7.69
2011 R37 510 4.49% R6.84
2010 R35 898 4.91% R7.39
2009 R34 215 11.59% R9.72
2008 R30 659 R8.19

We include the Rand=US Dollar rate at 31 March for each year (the Cape Epic month) to add some perspective.

 The average price of a Cape Epic bicycle for 2019 is just under R100 000. After three huge increases (2014-2017), it’s been incremental since. It’s worth noting that the weakest the Rand has ever been against the Dollar was in January 2016 at 16.84.

 

Breakdown of bike value

Price bracket 2017 2018 2019
Under R30 000 0% 0% 0%
R30 000-R40 000 4% 3% 3%
R40 000-R50 000 6% 5% 4%
R50 000-R60 000 7% 7% 6%
R60 000-R70 000 10% 8% 7%
R70 000-R80 000 9% 11% 10%
R80 000-R90 000 10% 10% 10%
R90 000-R100 000 11% 10% 11%
R100 000-R110 000 10% 10% 12%
R110 000-R120 000 7% 7% 7%
R120 000-R130 000 9% 12% 11%
Over R130 000 17% 17% 18%

A total of 48% paid R100 000 or more for their bicycle. That’s (expectedly) grown from 43% in 2017 and 46% in 2018. Of the total entrants, 57% bought a new bike in the 12 months leading up to the Cape Epic. The split in this number (57%) is 22% South African, 35% International.

New bike purchase in previous 12 months

2015 2016 2017 2018 2019
65% 59% 52% 54% 57%

 

Most popular brands – last 8 years

‘12 ‘13 ‘14 ‘15 ‘16 ‘17 ‘18 ‘19
Specialized 23% 23% 29% 36% 36% 32% 33% 30%
SCOTT 11% 11% 15% 14% 12% 14% 15% 15%
Cannondale 7% 7% 10% 9% 10% 12% 12% 13%
TREK 7% 7% 5% 4% 4% 6% 6% 6%
Santa Cruz 5% 5% 4% 4% 5% 4% 3% 5%
Giant 13% 11% 6% 4% 4% 4% 3% 3%
BMC 1% 3% 3% 3% 3% 3% 2% 2%
Merida 5% 5% 4% 3% 1% 2% 2% 2%
Canyon 2%
KTM 2%
Rocky Mountain 1% 1% 2% 2% 2% 2% 2% 1%
Momsen 3% 2% 3% <1% 2% 1%
Silverback <1% 1%
Pyga <1% 2% 1%

 

Other than small shifts in percentage, no major changes in the top 6 brands for the past three years. Two brands that have made an appearance in 2019 though are KTM and Canyon with a 2% share each. Specialized continues to be the dominant brand, but has dropped by 3% over last year. After sharing 5% between them in 2018, South African brands Momsen, Pyga and Silverback slipped back to a combined 3% Cape Epic market-share. Cannondale (1%) and Santa Cruz (2%) each enjoyed small increases over 2018.

Note: Other brands do feature in the survey results, but are all less than 1%, so haven’t been listed here. Combined, they make up 16% of ‘Other’.

Most popular last four years

2016 2017   2018 2019
Specialized 36% Specialized 32% Specialized 33% Specialized 30%
SCOTT 12% SCOTT 14% SCOTT 15% SCOTT 15%
Cannondale 10% Cannondale 12% Cannondale 12% Cannondale 13%
Santa Cruz 5% TREK 6% TREK 6% TREK 6%
TREK 4% Santa Cruz 4% Santa Cruz 3% Santa Cruz 5%
Giant 4% Giant 4% Giant 3% Giant 3%
BMC 3% BMC 3% BMC 2% Merida 2%
Momsen 3% Rocky Mountain 2% Rocky Mountain 2% BMC 2%
Rocky Mountain 2% Merida 2% Merida 2% Canyon 2%
Merida 1% Cube 1% Pyga 2% KTM 2%
Bianchi 1% Momsen 2% Rocky Mountain 1%
Silverback 1% Momsen 1%
Cube 1% Silverback 1%
Bianchi 1% Pyga 1%
Other 15% Other 16%

 

Hardtail vs Full suspension

Hardtail Full suspension
2019 4% 96%
2018 6% 94%
2017 10% 90%
2016 7% 93%
2015 14% 85%
2014 21% 79%
2013 24% 75%
2012 31% 69%
2011 22% 77%
2010 20% 80%
2009 23% 77%
2008 26% 74%
2007 30% 69%

What happened from 2011-2013 you may ask? Well, that’s when 29er wheels found prominence and, for a while, it was a toss-up for many as to whether to ride a 26-inch full sus or a 29er hardtail. Until most bike brands began to refine the 29er full sus frame/suspension design (around 2014) and the full-sus 29er is now pretty much the Cape Epic norm.

Bike brands of final GC top 10 2019:

1st SCOTT (4 stage wins)

2nd Cannondale (1 stage win)

3rd TREK

4th Bulls

5th Specialized

6th SCOTT

7th Wilier (1 stage win)

8th Wilier

9th Canyon

10th Cannondale

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