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

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

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Price for Gym and Fitness Equipment in Uruguay - 2023

Contents:

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

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

The average gym and fitness equipment import price stood at $4,955 per ton in December 2023, with an increase of 19% against the previous month. Over the period under review, the import price, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in February 2023 an increase of 139% against the previous month. The import price peaked at $7,204 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($29,039 per ton), while the price for Hong Kong SAR ($2,467 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average gym and fitness equipment export price amounted to $7,648 per ton, surging by 190% against the previous year. In general, the export price enjoyed a prominent increase. Over the period under review, the average export prices hit record highs at $14,692 per ton in 2017; however, from 2018 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 Free Zones ($27,722 per ton), while the average price for exports to Chile ($4,897 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 Paraguay (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gym and Fitness Equipment in Uruguay

In 2022, supplies from abroad of gym and fitness equipment decreased by -28.8% to 1.6K tons, falling for the second year in a row after two years of growth. Overall, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 40% against the previous year. As a result, imports reached the peak of 2.8K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, gym and fitness equipment imports dropped to $8.4M in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 32%. As a result, imports reached the peak of $9.5M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Gym and Fitness Equipment in Uruguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.96.97.15.22.0%
United States0.80.70.60.94.0%
Brazil0.60.40.10.60.0%
Hong Kong SAR0.20.20.30.644.2%
ItalyN/AN/AN/A0.50%
Others0.71.30.90.70.0%
Total7.29.59.08.45.3%

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

  1. China (1164.2 tons)
  2. Hong Kong SAR (196.3 tons)
  3. United States (58.7 tons)
  4. Brazil (56.9 tons)
  5. Italy (26.3 tons)

Exports of Gym and Fitness Equipment in Uruguay

In 2022, after three years of growth, there was significant decline in overseas shipments of gym and fitness equipment, when their volume decreased by -99.4% to 525 kg. Over the period under review, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 835% against the previous year. As a result, the exports attained the peak of 84 tons, and then dropped remarkably in the following year.

In value terms, gym and fitness equipment exports fell significantly to $4K in 2022. Overall, exports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 400%. As a result, the exports attained the peak of $221K, and then reduced remarkably in the following year.

Export of Gym and Fitness Equipment in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A1.10%
Chile0.81.40.71.07.7%
Argentina1.31.81.30.5-27.3%
Free ZonesN/AN/AN/A0.50%
Paraguay1.71.824.3N/A278.1%
Panama5.110.25.8N/A6.6%
Colombia2.94.91.9N/A-19.1%
Israel3.412.128.4N/A189.0%
JamaicaN/AN/A119N/A0%
Others3.512.040.10.9-36.4%
Total18.844.32214.0-40.3%

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

  1. United Kingdom (207.0 kg)
  2. Chile (204.0 kg)
  3. Argentina (90.0 kg)
  4. Free Zones (18.0 kg)

Source: IndexBox Market Intelligence Platform

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

  • Uruguay

Data coverage:

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