Latest Report Update: Jan 18, 2021

Bulgaria - Gym and Fitness Equipment - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Bulgaria: Overview of the Market for Gym and Fitness Equipment 2021

Market Size for Gym and Fitness Equipment in Bulgaria

In 2019, the Bulgarian gym and fitness equipment market increased by X% to $X, rising for the second year in a row after three years of decline. Overall, the total consumption indicated a prominent expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Gym and fitness equipment consumption peaked in 2019 and is expected to retain growth in the immediate term.

Production of Gym and Fitness Equipment in Bulgaria

In value terms, gym and fitness equipment production reduced to $X in 2019 estimated in export prices. Over the period under review, production, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X, and then fell in the following year.

Exports of Gym and Fitness Equipment

Exports from Bulgaria

In 2019, overseas shipments of gym and fitness equipment decreased by -X% to X tonnes, falling for the second consecutive year after five years of growth. Overall, exports, however, showed a buoyant expansion. The growth pace was the most rapid in 2016 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2017; however, from 2018 to 2019, exports remained at a lower figure.

In value terms, gym and fitness equipment exports fell remarkably to $X in 2019. Over the period under review, exports, however, saw a prominent increase. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Exports peaked at $X in 2017; however, from 2018 to 2019, exports remained at a lower figure.

Exports by Country

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

From 2007 to 2019, the average annual growth rate of volume to the U.S. stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and the UK (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for gym and fitness equipment exports from Bulgaria, comprising X% of total exports. The second position in the ranking was occupied by the UK ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

From 2007 to 2019, the average annual growth rate of value to the U.S. stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Mexico (+X% per year).

Export Prices by Country

The average gym and fitness equipment export price stood at $X per tonne in 2019, remaining relatively unchanged against the previous year. Overall, the export price continues to indicate a slight expansion. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2017; however, from 2018 to 2019, export prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gym and Fitness Equipment

Imports into Bulgaria

In 2019, purchases abroad of gym and fitness equipment increased by X% to X tonnes, rising for the fourth consecutive year after four years of decline. Overall, imports, however, showed a mild contraction. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes. From 2009 to 2019, the growth imports remained at a lower figure.

In value terms, gym and fitness equipment imports expanded remarkably to $X in 2019. Over the period under review, total imports indicated a mild expansion from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Romania (X tonnes) constituted the largest gym and fitness equipment supplier to Bulgaria, with a X% share of total imports. Moreover, gym and fitness equipment imports from Romania exceeded the figures recorded by the second-largest supplier, Italy (X tonnes), threefold. Greece (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Romania stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Greece (+X% per year).

In value terms, Italy ($X), Romania ($X) and Greece ($X) appeared to be the largest gym and fitness equipment suppliers to Bulgaria, with a combined X% share of total imports. These countries were followed by Poland, Germany, the UK, the U.S., the Czech Republic, the Netherlands, Slovakia, Belgium, Spain and Turkey, which together accounted for a further X (+X% per year) recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average gym and fitness equipment import price amounted to $X per tonne, declining by -X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2009 an increase of X% against the previous year. The import price peaked at $X per tonne in 2017; however, from 2018 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the U.S. ($X per tonne), while the price for Romania ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gym and fitness equipment in the world?
+
The countries with the highest volumes of gym and fitness equipment consumption in 2019 were China (787K tonnes), the U.S. (437K tonnes) and Pakistan (147K tonnes), with a combined 33% share of global consumption.
What are the largest producers of gym and fitness equipment in the world?
+
China (2.4M tonnes) constituted the country with the largest volume of gym and fitness equipment production, accounting for 53% of total volume. Moreover, gym and fitness equipment production in China exceeded the figures recorded by the second-largest producer, Taiwan (Chinese) (149K tonnes), more than tenfold. Pakistan (149K tonnes) ranked third in terms of total production with a 3.2% share.
What are the leading suppliers of gym and fitness equipment to Bulgaria?
+
In value terms, the largest gym and fitness equipment suppliers to Bulgaria were Italy ($2.1M), Romania ($2M) and Greece ($1.7M), together comprising 54% of total imports. Poland, Germany, the UK, the U.S., the Czech Republic, the Netherlands, Slovakia, Belgium, Spain and Turkey lagged somewhat behind, together accounting for a further 40%.
What are the leading importers of gym and fitness equipment from Bulgaria?
+
In value terms, the U.S. ($3.3M) remains the key foreign market for gym and fitness equipment exports from Bulgaria, comprising 21% of total exports. The second position in the ranking was occupied by the UK ($1.1M), with a 7.1% share of total exports. It was followed by Mexico, with a 7.1% share.
What is the average export price for gym and fitness equipment in Bulgaria?
+
In 2019, the average gym and fitness equipment export price amounted to $7,995 per tonne, flattening at the previous year.
What is the average import price for gym and fitness equipment in Bulgaria?
+
In 2019, the average gym and fitness equipment import price amounted to $4,043 per tonne, which is down by -6.7% 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 Bulgaria. 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:
• Bulgaria

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Bulgaria
• 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

Webinar: Global Animal Feed Market - Global Outlook & Insights



Join our live webinar to get insights into the global animal feed market.



Thursday, February 11th, 2021 @ 10:00 am ET


Register

Webinar: Global Paperboard Box Market - Global Outlook & Insights



Join our live webinar to get insights into the global paperboard box market.



Thursday, February 18th, 2021 @ 10:00 am ET


Register

Webinar: Global Insulated Wire and Cable Market - Global Outlook & Insights



Join our live webinar to get insights into the global insulated wire and cable market.



Thursday, February 25th, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data