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

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

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Price for Gym and Fitness Equipment in Luxembourg - 2023

Contents:

  1. Price for Gym and Fitness Equipment in Luxembourg (CIF) - 2023
  2. Price for Gym and Fitness Equipment in Luxembourg (FOB) - 2022
  3. Imports of Gym and Fitness Equipment in Luxembourg
  4. Exports of Gym and Fitness Equipment in Luxembourg

Price for Gym and Fitness Equipment in Luxembourg (CIF) - 2023

In July 2023, the average gym and fitness equipment import price amounted to $10,518 per ton, rising by 4.8% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 87% month-to-month. The import price peaked at $18,849 per ton in December 2022; however, from January 2023 to July 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Italy ($18,249 per ton), while the price for Poland ($5,870 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 France (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average gym and fitness equipment export price amounted to $16,618 per ton, reducing by -10.1% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 export price decreased by -28.7% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 40%. As a result, the export price attained the peak level of $26,647 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

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 France ($43,354 per ton), while the average price for exports to the Netherlands ($5,913 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 France (+7.0%), while the prices for the other major destinations experienced a decline.

Imports of Gym and Fitness Equipment in Luxembourg

In 2022, supplies from abroad of gym and fitness equipment decreased by -52.3% to 445 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 42%. As a result, imports attained the peak of 932 tons, and then shrank notably in the following year.

In value terms, gym and fitness equipment imports contracted significantly to $5.2M in 2022. Overall, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 34%. As a result, imports reached the peak of $11M, and then fell sharply in the following year.

Import of Gym and Fitness Equipment in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.64.95.61.9-19.2%
China0.51.01.90.817.0%
Netherlands0.51.01.70.4-7.2%
Italy0.60.40.70.4-12.6%
Belgium0.30.50.40.30.0%
France0.20.20.20.20.0%
PortugalN/AN/AN/A0.10%
Others1.50.61.01.3-4.7%
Total7.28.611.45.2-10.3%

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

  1. China (134.4 tons)
  2. Germany (94.3 tons)
  3. Belgium (54.6 tons)
  4. Italy (28.5 tons)
  5. France (23.0 tons)
  6. Netherlands (18.3 tons)
  7. Portugal (10.3 tons)

Exports of Gym and Fitness Equipment in Luxembourg

For the third consecutive year, Luxembourg recorded decline in overseas shipments of gym and fitness equipment, which decreased by -47.2% to 27 tons in 2022. In general, exports continue to indicate a sharp curtailment. The smallest decline of -4% was in 2020.

In value terms, gym and fitness equipment exports contracted rapidly to $448K in 2022. Over the period under review, exports saw a significant curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 11%. As a result, the exports reached the peak of $1.4M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Gym and Fitness Equipment in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France826806658264-31.6%
Belgium352239186112-31.7%
Netherlands1.22.41.458.5265.3%
United Kingdom5.6N/A0.55.1-3.1%
HungaryN/A190N/AN/A0%
Others67.715698.28.9-49.2%
Total1,2521,393944448-29.0%

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

  1. Belgium (10.3 tons)
  2. Netherlands (9.9 tons)
  3. France (6.1 tons)
  4. United Kingdom (0.5 tons)

Source: IndexBox Market Intelligence Platform

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

  • Luxembourg

Data coverage:

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