The Observatory of the Ecosystem of Cycling promotes a product of Italian excellence that represents innovation and economic development and is the protagonist of the revolution in smart mobility. In the 2022 edition we covered two phenomena of this important ecosystem: cycling tourism which is associated with the concepts of sustainability, health and inclusion, and plays a virtuous part in the promotion of local areas; and reshoring of the production of bicycles and components in Europe, to find out if the sector really is feeling homesick.