Japan - Gym and Fitness Equipment - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Gym and Fitness Equipment in Japan - 2023
Contents:
- Price for Gym and Fitness Equipment in Japan (CIF) - 2023
- Price for Gym and Fitness Equipment in Japan (FOB) - 2022
- Imports of Gym and Fitness Equipment in Japan
- Exports of Gym and Fitness Equipment in Japan
Price for Gym and Fitness Equipment in Japan (CIF) - 2023
In July 2023, the average gym and fitness equipment import price amounted to $4,249 per ton, standing approximately at the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 9.2% m-o-m. As a result, import price attained the peak level of $5,143 per ton. From January 2023 to July 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the United States ($18,147 per ton), while the price for China ($3,348 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Gym and Fitness Equipment in Japan (FOB) - 2022
In 2022, the average gym and fitness equipment export price amounted to $18,417 per ton, waning by -28.2% against the previous year. Overall, the export price showed a pronounced decline. The growth pace was the most rapid in 2016 an increase of 23% against the previous year. Over the period under review, the average export prices hit record highs at $30,627 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($62,588 per ton), while the average price for exports to Pakistan ($6,473 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 South Korea (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Gym and Fitness Equipment in Japan
In 2022, overseas purchases of gym and fitness equipment decreased by -22.5% to 65K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a noticeable setback. The most prominent rate of growth was recorded in 2020 with an increase of 44%. As a result, imports attained the peak of 99K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, gym and fitness equipment imports shrank markedly to $318M in 2022. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 12%. As a result, imports reached the peak of $431M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Gym and Fitness Equipment in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 225 | 312 | 270 | 219 | -0.9% |
United States | 63.1 | 38.9 | 30.6 | 32.4 | -19.9% |
Taiwan (Chinese) | 43.7 | 36.9 | 32.8 | 27.2 | -14.6% |
Others | 52.8 | 43.9 | 46.2 | 40.0 | -8.8% |
Total | 385 | 431 | 380 | 318 | -6.2% |
Top Suppliers of Gym and Fitness Equipment to Japan in 2022:
- China (55.9K tons)
- Taiwan (Chinese) (3.1K tons)
- United States (2.1K tons)
Exports of Gym and Fitness Equipment in Japan
In 2022, approx. 824 tons of gym and fitness equipment were exported from Japan; jumping by 101% compared with 2021. In general, exports enjoyed buoyant 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 soared to $15M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.7% 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 +50.2% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Gym and Fitness Equipment in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Pakistan | 45.3 | 69.8 | 149 | 2,905 | 300.3% |
United States | 1,877 | 1,337 | 2,217 | 2,756 | 13.7% |
China | 1,626 | 974 | 576 | 1,891 | 5.2% |
South Korea | 1,296 | 1,961 | 1,422 | 1,445 | 3.7% |
Taiwan (Chinese) | 742 | 1,048 | 959 | 895 | 6.4% |
Hong Kong SAR | 191 | 284 | 266 | 635 | 49.2% |
Russia | 916 | 686 | 673 | 249 | -35.2% |
Philippines | 139 | 206 | 107 | 222 | 16.9% |
Indonesia | 425 | 170 | 251 | 103 | -37.7% |
Vietnam | 153 | 59.7 | 15.8 | 84.9 | -17.8% |
Iraq | 68.6 | 3.7 | N/A | 26.6 | -27.1% |
Sri Lanka | 104 | 3.5 | 10.1 | 7.5 | -58.4% |
Others | 3,596 | 3,304 | 3,854 | 3,963 | 3.3% |
Total | 11,177 | 10,108 | 10,500 | 15,182 | 10.7% |
Top Export Markets for Gym and Fitness Equipment from Japan in 2022:
- Pakistan (448.8 tons)
- China (71.5 tons)
- United States (67.6 tons)
- Philippines (25.8 tons)
- South Korea (23.1 tons)
- Taiwan (Chinese) (19.6 tons)
- Hong Kong SAR (17.7 tons)
- Iraq (11.1 tons)
- Vietnam (8.8 tons)
- Indonesia (6.1 tons)
- Russia (4.0 tons)
- Sri Lanka (2.0 tons)
This report provides an in-depth analysis of the market for gym and fitness equipment in Japan. 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:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- 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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