Australia and Oceania: Market for Gym and Fitness Equipment 2023

Exports of Gym and Fitness Equipment

Exports in Australia and Oceania

In 2021, approx. X tons of gym and fitness equipment were exported in Australia and Oceania; growing by 44% compared with the year before. Total exports indicated temperate growth from 2012 to 2021: its volume increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +64.2% against 2018 indices. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, gym and fitness equipment exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Australia (X tons) was the major exporter of gym and fitness equipment, committing 82% of total exports. It was distantly followed by New Zealand (X tons), constituting a 17% share of total exports.

Australia was also the fastest-growing in terms of the gym and fitness equipment exports, with a CAGR of +5.7% from 2012 to 2021. New Zealand (-7.3%) illustrated a downward trend over the same period. While the share of Australia (+23 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of New Zealand (-22.9 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest gym and fitness equipment supplier in Australia and Oceania, comprising 84% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Australia totaled +3.4%.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, surging by 4.9% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the export price increased by 46% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+8.2%).

Imports of Gym and Fitness Equipment

Imports in Australia and Oceania

In 2021, overseas purchases of gym and fitness equipment increased by 40% to X tons, rising for the second year in a row after two years of decline. In general, imports showed a relatively flat trend pattern. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, gym and fitness equipment imports skyrocketed to $X in 2021. Overall, imports saw strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 47%. The level of import peaked in 2021 and is likely to continue growth in the near future.

Imports by Country

Australia represented the main importing country with an import of around X tons, which recorded 85% of total imports. It was distantly followed by New Zealand (X tons), creating a 13% share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of gym and fitness equipment. At the same time, New Zealand (+2.2%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +2.2% from 2012-2021. While the share of New Zealand (+2.1 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Australia (-3 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported gym and fitness equipment in Australia and Oceania, comprising 86% of total imports. The second position in the ranking was held by New Zealand ($X), with a 13% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Australia stood at +7.7%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, reducing by -2.9% against the previous year. Overall, the import price, however, showed a remarkable increase. The growth pace was the most rapid in 2018 when the import price increased by 36%. Over the period under review, import prices reached the peak figure at $X per ton in 2020, and then fell slightly in the following year.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+7.9%).

Source: IndexBox Market Intelligence Platform

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