Oman - Gym and Fitness Equipment - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Gym and Fitness Equipment in Oman - 2021
Contents:
- Price for Gym and Fitness Equipment in Oman (CIF) - 2022
- Price for Gym and Fitness Equipment in Oman (FOB) - 2022
- Imports of Gym and Fitness Equipment in Oman
- Exports of Gym and Fitness Equipment in Oman
Price for Gym and Fitness Equipment in Oman (CIF) - 2022
In 2022, the average gym and fitness equipment import price amounted to $4,893 per ton, rising by 8.7% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the average import price increased by 50%. As a result, import price attained the peak level of $5,250 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($8,866 per ton), while the price for Taiwan (Chinese) ($2,041 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Gym and Fitness Equipment in Oman (FOB) - 2022
The average gym and fitness equipment export price stood at $4,698 per ton in 2022, growing by 25% against the previous year. In general, the export price saw a notable increase. The pace of growth was the most pronounced in 2016 an increase of 50% against the previous year. The export price peaked at $6,022 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($7,142 per ton), while the average price for exports to Tanzania ($343 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 Qatar (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Gym and Fitness Equipment in Oman
In 2022, after three years of growth, there was significant decline in overseas purchases of gym and fitness equipment, when their volume decreased by -12.1% to 2.8K tons. The total import volume increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 25%.
In value terms, gym and fitness equipment imports reduced to $14M in 2022. The total import value increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 11% against the previous year.
Import of Gym and Fitness Equipment in Oman (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 5.3 | 4.8 | 5.3 | 5.6 | 1.9% |
China | 2.0 | 3.9 | 4.3 | 4.4 | 30.1% |
Taiwan (Chinese) | 0.3 | 0.3 | 0.5 | 0.4 | 10.1% |
Singapore | 0.1 | N/A | 0.3 | 0.2 | 26.0% |
Bulgaria | 0.3 | 0.6 | 0.5 | 0.1 | -30.7% |
Others | 3.9 | 3.4 | 3.5 | 3.0 | -8.4% |
Total | 11.9 | 13.1 | 14.4 | 13.7 | 4.8% |
Top Suppliers of Gym and Fitness Equipment to Oman in 2022:
- China (1224.5 tons)
- United Arab Emirates (980.6 tons)
- Taiwan (Chinese) (212.8 tons)
- Singapore (51.6 tons)
- Bulgaria (18.7 tons)
Exports of Gym and Fitness Equipment in Oman
For the fourth consecutive year, Oman recorded growth in shipments abroad of gym and fitness equipment, which increased by less than 0.1% to 448 tons in 2022. The total export volume increased at an average annual rate of +11.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 40% against the previous year. 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 $2.1M in 2022. Over the period under review, total exports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -16.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 31%. As a result, the exports reached the peak of $2.5M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Gym and Fitness Equipment in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Qatar | 1,724 | 2,223 | 1,150 | 1,710 | -0.3% |
United Arab Emirates | 27.7 | 195 | 267 | 225 | 101.0% |
Saudi Arabia | 116 | 23.5 | 149 | 126 | 2.8% |
Bahrain | 0.5 | 6.5 | 15.7 | 13.3 | 198.5% |
Iran | 4.5 | 8.3 | 15.1 | 12.8 | 41.7% |
Tanzania | 5.2 | 5.4 | 7.0 | 6.3 | 6.6% |
Iraq | N/A | N/A | 65.1 | N/A | 0% |
Others | 47.2 | 65.3 | 10.2 | 9.4 | -41.6% |
Total | 1,924 | 2,526 | 1,679 | 2,103 | 3.0% |
Top Export Markets for Gym and Fitness Equipment from Oman in 2022:
- Qatar (239.4 tons)
- United Arab Emirates (141.3 tons)
- Saudi Arabia (29.0 tons)
- Tanzania (18.5 tons)
- Iran (8.7 tons)
- Bahrain (6.8 tons)
This report provides an in-depth analysis of the market for gym and fitness equipment in Oman. 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 Oman
- 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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