Canada - Gym and Fitness Equipment - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Gym and Fitness Equipment in Canada - 2023
Contents:
- Price for Gym and Fitness Equipment in Canada (CIF) - 2022
- Price for Gym and Fitness Equipment in Canada (FOB) - 2022
- Imports of Gym and Fitness Equipment in Canada
- Exports of Gym and Fitness Equipment in Canada
Price for Gym and Fitness Equipment in Canada (CIF) - 2022
In 2022, the average gym and fitness equipment import price amounted to $8,629 per ton, jumping by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The import price peaked at $8,638 per ton in 2018; afterwards, it flattened through to 2022.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($8,629 per ton) and the United States ($8,629 per ton), while the price for Italy ($8,629 per ton) and China ($8,629 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Gym and Fitness Equipment in Canada (FOB) - 2022
The average gym and fitness equipment export price stood at $9,909 per ton in 2022, dropping by -3.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2018 when the average export price increased by 22%. As a result, the export price attained the peak level of $12,178 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($9,909 per ton) and the United States ($9,909 per ton), while the average price for exports to the UK ($9,909 per ton) and South Korea ($9,909 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Gym and Fitness Equipment in Canada
In 2022, overseas purchases of gym and fitness equipment decreased by -51.6% to 55K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year. As a result, imports reached the peak of 114K tons, and then reduced sharply in the following year.
In value terms, gym and fitness equipment imports shrank dramatically to $476M in 2022. Over the period under review, imports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 73%. As a result, imports reached the peak of $841M, and then declined dramatically in the following year.
| Import of Gym and Fitness Equipment in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 202 | 327 | 586 | 330 | 17.8% |
| United States | 72.7 | 71.6 | 87.4 | 61.7 | -5.3% |
| Taiwan (Chinese) | 45.0 | 61.3 | 116 | 50.1 | 3.6% |
| Vietnam | 2.2 | 4.5 | 14.3 | 10.4 | 67.8% |
| Others | 24.7 | 21.1 | 36.9 | 23.7 | -1.4% |
| Total | 347 | 486 | 841 | 476 | 11.1% |
Top Suppliers of Gym and Fitness Equipment to Canada in 2022:
- China (38.3K tons)
- United States (7.2K tons)
- Taiwan (Chinese) (5.8K tons)
- Vietnam (1.2K tons)
Exports of Gym and Fitness Equipment in Canada
For the fourth consecutive year, Canada recorded growth in shipments abroad of gym and fitness equipment, which increased by 38% to 7.4K tons in 2022. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +98.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 40%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, gym and fitness equipment exports surged to $73M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.6% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Gym and Fitness Equipment in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 26.2 | 31.9 | 34.6 | 51.0 | 24.9% |
| South Korea | 1.8 | 1.9 | 3.2 | 3.6 | 26.0% |
| China | 1.0 | 1.1 | 2.3 | 2.4 | 33.9% |
| Australia | 0.7 | 0.8 | 1.3 | 1.9 | 39.5% |
| United Kingdom | 2.0 | 1.8 | 1.2 | 1.5 | -9.1% |
| Israel | 0.3 | 0.3 | 0.9 | 1.4 | 67.1% |
| United Arab Emirates | 1.1 | 0.5 | 0.5 | 1.1 | 0.0% |
| Others | 8.6 | 9.9 | 11.0 | 9.9 | 4.8% |
| Total | 41.8 | 48.3 | 55.0 | 73.0 | 20.4% |
Top Export Markets for Gym and Fitness Equipment from Canada in 2022:
- United States (5150.4 tons)
- South Korea (367.0 tons)
- China (241.8 tons)
- Australia (196.4 tons)
- United Kingdom (152.9 tons)
- Israel (137.9 tons)
- United Arab Emirates (113.7 tons)
This report provides an in-depth analysis of the market for gym and fitness equipment in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32301400 - Gymnasium or athletics articles and equipment
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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