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Belgium - Gym and Fitness Equipment - Market Analysis, Forecast, Size, Trends and Insights
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Belgium: Overview of the Market for Gym and Fitness Equipment 2021

Market Size for Gym and Fitness Equipment in Belgium

In 2020, the Belgian gym and fitness equipment market increased by X% to $X, rising for the second consecutive year after six years of decline. Overall, consumption recorded prominent growth. Gym and fitness equipment consumption peaked at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Production of Gym and Fitness Equipment in Belgium

In value terms, gym and fitness equipment production reduced remarkably to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a dramatic setback. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2020, production remained at a lower figure.

Exports of Gym and Fitness Equipment

Exports from Belgium

For the seventh consecutive year, Belgium recorded decline in shipments abroad of gym and fitness equipment, which decreased by -X% to X tonnes in 2020. Over the period under review, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at X tonnes in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, gym and fitness equipment exports dropped dramatically to $X in 2020. In general, exports faced a drastic downturn. The growth pace was the most rapid in 2013 when exports increased by X% year-to-year. As a result, exports attained the peak of $X. from 2014 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

France (X tonnes) was the main destination for gym and fitness equipment exports from Belgium, with a X% share of total exports. Moreover, gym and fitness equipment exports to France exceeded the volume sent to the second major destination, the Netherlands (X tonnes), threefold. The third position in this ranking was occupied by the UK (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to France amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-X% per year) and the UK (-X% per year).

In value terms, France ($X), the Netherlands ($X) and Germany ($X) were the largest markets for gym and fitness equipment exported from Belgium worldwide, with a combined X% share of total exports. The UK, Poland, Spain, Hungary, Sweden, Italy and Luxembourg lagged somewhat behind, together comprising a further X saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average gym and fitness equipment export price amounted to $X per tonne, shrinking by -X% against the previous year. In general, export price indicated a pronounced increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 an increase of X% year-to-year. The export price peaked at $X per tonne in 2019, and then contracted markedly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while the average price for exports to Luxembourg ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gym and Fitness Equipment

Imports into Belgium

In 2020, supplies from abroad of gym and fitness equipment increased by X% to X tonnes for the first time since 2017, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt decrease. Over the period under review, imports attained the peak figure at X tonnes in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

In value terms, gym and fitness equipment imports skyrocketed to $X in 2020. In general, imports, however, continue to indicate a deep slump. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X tonnes) constituted the largest gym and fitness equipment supplier to Belgium, with a X% share of total imports. Moreover, gym and fitness equipment imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), sixfold. The third position in this ranking was occupied by France (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and France (-X% per year).

In value terms, China ($X), the Netherlands ($X) and France ($X) constituted the largest gym and fitness equipment suppliers to Belgium, with a combined X% share of total imports. These countries were followed by Italy, Germany, Taiwan (Chinese) and Spain, which together accounted for a further X terms of the main suppliers, Spain recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2020, the average gym and fitness equipment import price amounted to $X per tonne, falling by -X% against the previous year. Overall, import price indicated a noticeable expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, gym and fitness equipment import price increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gym and fitness equipment in the world?
+
The U.S. (961K tonnes) constituted the country with the largest volume of gym and fitness equipment consumption, comprising approx. 38% of total volume. Moreover, gym and fitness equipment consumption in the U.S. exceeded the figures recorded by the second-largest consumer, the UK (149K tonnes), sixfold. Germany (131K tonnes) ranked third in terms of total consumption with a 5.2% share.
What are the largest producers of gym and fitness equipment in the world?
+
China (1.8M tonnes) constituted the country with the largest volume of gym and fitness equipment production, accounting for 73% of total volume. Moreover, gym and fitness equipment production in China exceeded the figures recorded by the second-largest producer, the U.S. (426K tonnes), fourfold.
What are the leading suppliers of gym and fitness equipment to Belgium?
+
In value terms, the largest gym and fitness equipment suppliers to Belgium were China ($28M), the Netherlands ($22M) and France ($8.6M), with a combined 71% share of total imports. Italy, Germany, Taiwan (Chinese) and Spain lagged somewhat behind, together accounting for a further 20%.
What are the leading importers of gym and fitness equipment from Belgium?
+
In value terms, France ($13M), the Netherlands ($7.6M) and Germany ($4.2M) constituted the largest markets for gym and fitness equipment exported from Belgium worldwide, with a combined 64% share of total exports. The UK, Poland, Spain, Hungary, Sweden, Italy and Luxembourg lagged somewhat behind, together comprising a further 19%.
What is the average export price for gym and fitness equipment in Belgium?
+
The average gym and fitness equipment export price stood at $5,647 per tonne in 2020, which is down by -21% against the previous year.
What is the average import price for gym and fitness equipment in Belgium?
+
The average gym and fitness equipment import price stood at $4,631 per tonne in 2020, falling by -1.6% against the previous year.

Product coverage:
• Prodcom 32301400 - Gymnasium or athletics articles and equipment

This report provides an in-depth analysis of the market for gym and fitness equipment in Belgium. 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 2025.


Country coverage:
• Belgium

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Belgium
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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