Venezuela - Gym and Fitness Equipment - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Gym and Fitness Equipment in Venezuela - 2022
Contents:
- Price for Gym and Fitness Equipment in Venezuela (CIF) - 2022
- Price for Gym and Fitness Equipment in Venezuela (FOB) - 2022
- Imports of Gym and Fitness Equipment in Venezuela
- Exports of Gym and Fitness Equipment in Venezuela
Price for Gym and Fitness Equipment in Venezuela (CIF) - 2022
In 2022, the average gym and fitness equipment import price amounted to $4,839 per ton, picking up by 23% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.2% 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 import price decreased by -30.2% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 57% against the previous year. Over the period under review, average import prices hit record highs at $6,937 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($14,772 per ton), while the price for Portugal ($1,651 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Gym and Fitness Equipment in Venezuela (FOB) - 2022
The average gym and fitness equipment export price stood at $2,403 per ton in 2022, shrinking by -38.1% against the previous year. Over the period under review, the export price showed a pronounced descent. The pace of growth appeared the most rapid in 2014 when the average export price increased by 134% against the previous year. The export price peaked at $4,359 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($1,600 per ton), while the average price for exports to Costa Rica amounted to $1,375 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+11.8%), while the prices for the other major destinations experienced a decline.
Imports of Gym and Fitness Equipment in Venezuela
After three years of growth, supplies from abroad of gym and fitness equipment decreased by -27.3% to 679 tons in 2022. In general, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 129%.
In value terms, gym and fitness equipment imports contracted to $3.3M in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 174%.
| Import of Gym and Fitness Equipment in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 375 | 1,098 | 2,733 | 1,623 | 63.0% |
| United States | 147 | 400 | 720 | 540 | 54.3% |
| Spain | 75.5 | 24.4 | 52.1 | 265 | 52.0% |
| Italy | 65.5 | 425 | 6.5 | 197 | 44.3% |
| Portugal | N/A | N/A | N/A | 20.2 | 0% |
| Panama | 227 | 449 | N/A | N/A | 97.8% |
| Others | 172 | 513 | 152 | 642 | 55.1% |
| Total | 1,062 | 2,909 | 3,664 | 3,286 | 45.7% |
Top Suppliers of Gym and Fitness Equipment to Venezuela in 2022:
- China (382.5 tons)
- Spain (84.4 tons)
- United States (60.5 tons)
- Italy (13.3 tons)
- Portugal (12.3 tons)
Exports of Gym and Fitness Equipment in Venezuela
In 2022, approx. 3.4 tons of gym and fitness equipment were exported from Venezuela; jumping by 358% against the previous year. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 2,217%. As a result, the exports attained the peak of 5.7 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, gym and fitness equipment exports surged to $8.3K in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,157%. As a result, the exports attained the peak of $14K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Gym and Fitness Equipment in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 0.1 | 0.3 | N/A | 3.5 | 227.1% |
| Dominican Republic | 0.2 | N/A | 0.2 | 0.7 | 51.8% |
| Guyana | N/A | 0.1 | N/A | N/A | 0% |
| Malaysia | N/A | 6.7 | N/A | N/A | 0% |
| Panama | N/A | 6.4 | N/A | N/A | 0% |
| Angola | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Others | N/A | N/A | 2.7 | 4.1 | 51.9% |
| Total | 0.6 | 13.6 | 2.9 | 8.3 | 140.1% |
Top Export Markets for Gym and Fitness Equipment from Venezuela in 2022:
- Costa Rica (2.6 tons)
- Dominican Republic (0.4 tons)
This report provides an in-depth analysis of the market for gym and fitness equipment in Venezuela. 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:
- Venezuela
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Venezuela
- 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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