China - Gym and Fitness Equipment - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Gym and Fitness Equipment in China - 2023
Contents:
- Price for Gym and Fitness Equipment in China (FOB) - 2023
- Price for Gym and Fitness Equipment in China (CIF) - 2022
- Exports of Gym and Fitness Equipment in China
- Imports of Gym and Fitness Equipment in China
Price for Gym and Fitness Equipment in China (FOB) - 2023
In August 2023, the average gym and fitness equipment export price amounted to $3,492 per ton, reducing by -3.7% against the previous month. In general, the export price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 8.7% against the previous month. As a result, the export price attained the peak level of $4,704 per ton. From January 2023 to August 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Australia ($3,911 per ton), while the average price for exports to Poland ($2,007 per ton) was amongst the lowest.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+0.3%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Gym and Fitness Equipment in China (CIF) - 2022
In 2022, the average gym and fitness equipment import price amounted to $16,124 per ton, picking up by 13% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, gym and fitness equipment import price increased by +35.0% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 28% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($29,073 per ton), while the price for Slovakia ($8,051 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Gym and Fitness Equipment in China
In 2022, after three years of growth, there was significant decline in shipments abroad of gym and fitness equipment, when their volume decreased by -50.6% to 1.9M tons. Over the period under review, exports, however, showed temperate growth. The most prominent rate of growth was recorded in 2020 with an increase of 76% against the previous year.
In value terms, gym and fitness equipment exports declined notably to $7.4B in 2022. Overall, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by 82%.
| Export of Gym and Fitness Equipment in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,817 | 3,657 | 4,223 | 2,743 | 14.7% |
| Japan | 195 | 352 | 367 | 297 | 15.1% |
| Germany | 248 | 418 | 689 | 292 | 5.6% |
| Australia | 134 | 295 | 321 | 278 | 27.5% |
| United Kingdom | 243 | 463 | 635 | 268 | 3.3% |
| Canada | 176 | 321 | 458 | 255 | 13.2% |
| Netherlands | 171 | 239 | 463 | 252 | 13.8% |
| South Korea | 157 | 268 | 397 | 252 | 17.1% |
| Spain | 173 | 193 | 375 | 185 | 2.3% |
| India | 118 | 143 | 153 | 129 | 3.0% |
| Mexico | 63.0 | 114 | 190 | 122 | 24.6% |
| Russia | 80.1 | 127 | 146 | 106 | 9.8% |
| Belgium | 94.4 | 203 | 290 | 82.2 | -4.5% |
| Others | 1,425 | 2,481 | 3,583 | 2,143 | 14.6% |
| Total | 5,095 | 9,273 | 12,289 | 7,405 | 13.3% |
Top Export Markets for Gym and Fitness Equipment from China in 2022:
- United States (721.4K tons)
- Germany (86.2K tons)
- United Kingdom (75.2K tons)
- Australia (69.4K tons)
- Canada (65.0K tons)
- Spain (63.7K tons)
- South Korea (63.5K tons)
- Netherlands (61.7K tons)
- Japan (58.9K tons)
- India (37.0K tons)
- Mexico (35.1K tons)
- Russia (32.3K tons)
- Belgium (25.4K tons)
Imports of Gym and Fitness Equipment in China
For the third year in a row, China recorded decline in purchases abroad of gym and fitness equipment, which decreased by -22.4% to 7.5K tons in 2022. Over the period under review, imports saw a deep slump. The smallest decline of -1.1% was in 2021.
In value terms, gym and fitness equipment imports declined to $121M in 2022. Overall, imports showed a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 18% against the previous year.
| Import of Gym and Fitness Equipment in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 47.2 | 23.7 | 28.3 | 27.3 | -16.7% |
| Italy | 15.8 | 11.8 | 21.4 | 17.2 | 2.9% |
| Hungary | 10.7 | 5.9 | 6.8 | 7.0 | -13.2% |
| Germany | 6.7 | 7.6 | 5.2 | 5.3 | -7.5% |
| Slovakia | 4.3 | 3.4 | 6.0 | 4.3 | 0.0% |
| Vietnam | 1.3 | 2.4 | 1.7 | 2.8 | 29.1% |
| Netherlands | 1.8 | 1.6 | 1.2 | 2.3 | 8.5% |
| South Korea | 3.5 | 1.3 | 1.1 | 0.9 | -36.4% |
| Taiwan (Chinese) | 38.4 | N/A | N/A | N/A | 0% |
| Others | 18.8 | 59.0 | 66.2 | 53.7 | 41.9% |
| Total | 149 | 117 | 138 | 121 | -6.7% |
Top Suppliers of Gym and Fitness Equipment to China in 2022:
- United States (1502.8 tons)
- Hungary (768.7 tons)
- Italy (744.1 tons)
- Slovakia (535.6 tons)
- Germany (231.8 tons)
- Vietnam (228.4 tons)
- Netherlands (80.0 tons)
- South Korea (45.6 tons)
This report provides an in-depth analysis of the market for gym and fitness equipment in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
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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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