Indonesia - Gym and Fitness Equipment - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Indonesia - Gym and Fitness Equipment - Market Analysis, Forecast, Size, Trends and Insights

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Price for Gym and Fitness Equipment in Indonesia - 2022

Contents:

  1. Price for Gym and Fitness Equipment in Indonesia (CIF) - 2022
  2. Price for Gym and Fitness Equipment in Indonesia (FOB) - 2022
  3. Imports of Gym and Fitness Equipment in Indonesia
  4. Exports of Gym and Fitness Equipment in Indonesia

Price for Gym and Fitness Equipment in Indonesia (CIF) - 2022

The average gym and fitness equipment import price stood at $3,388 per ton in March 2022, surging by 6% against the previous month. Overall, the import price, however, continues to indicate a mild decrease. The pace of growth was the most pronounced in August 2021 an increase of 24% month-to-month. The import price peaked at $4,043 per ton in March 2021; however, from April 2021 to March 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From March 2021 to March 2022, the rate of growth in terms of prices for China amounted to -1.2% per month.

Price for Gym and Fitness Equipment in Indonesia (FOB) - 2022

In 2022, the average gym and fitness equipment export price amounted to $25,500 per ton, picking up by 19% against the previous year. Overall, the export price, however, saw a pronounced descent. The pace of growth appeared the most rapid in 2018 an increase of 198% against the previous year. Over the period under review, the average export prices reached the maximum at $41,201 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($37,410 per ton), while the average price for exports to Timor-Leste ($558 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gym and Fitness Equipment in Indonesia

In 2022, after three years of growth, there was decline in purchases abroad of gym and fitness equipment, when their volume decreased by -4.9% to 27K tons. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 43% against the previous year. As a result, imports reached the peak of 28K tons, and then shrank modestly in the following year.

In value terms, gym and fitness equipment imports contracted modestly to $81M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. As a result, imports attained the peak of $84M, and then fell modestly in the following year.

Import of Gym and Fitness Equipment in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China40.953.874.470.319.8%
Others10.010.59.610.72.3%
Total50.964.384.081.016.7%

Top Suppliers of Gym and Fitness Equipment to Indonesia in 2022:

  1. China (25.8K tons)

Exports of Gym and Fitness Equipment in Indonesia

In 2022, shipments abroad of gym and fitness equipment increased by 150% to 210 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports posted tangible growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, gym and fitness equipment exports surged to $5.4M in 2022. Overall, exports, however, saw a abrupt decline.

Export of Gym and Fitness Equipment in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6,8311,6349884,246-14.7%
Singapore22810437756635.4%
United Arab Emirates29041.62363557.0%
Germany11019.116.265.2-16.0%
Japan0.232.525.938.9479.4%
Taiwan (Chinese)32.543.20.433.61.1%
Timor-Leste11.624.013.422.224.2%
Others41.511215041.3-0.2%
Total7,5452,0101,8065,368-10.7%

Top Export Markets for Gym and Fitness Equipment from Indonesia in 2022:

  1. United States (113.5 tons)
  2. Timor-Leste (39.9 tons)
  3. Singapore (17.1 tons)
  4. Taiwan (Chinese) (10.4 tons)
  5. United Arab Emirates (10.2 tons)
  6. Germany (7.6 tons)
  7. Japan (4.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for gym and fitness equipment in Indonesia. 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:

  • Indonesia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Indonesia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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