Report CIS - Gym and Fitness Equipment - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 25, 2023

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

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CIS: Market for Gym and Fitness Equipment 2023

Market Size for Gym and Fitness Equipment in CIS

In 2021, the CIS gym and fitness equipment market decreased by -7.3% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, recorded a strong increase. As a result, consumption reached the peak level of $X, and then declined in the following year.

Production of Gym and Fitness Equipment in CIS

In value terms, gym and fitness equipment production reduced markedly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 296% against the previous year. As a result, production attained the peak level of $X, and then fell dramatically in the following year.

Exports of Gym and Fitness Equipment

Exports in CIS

Gym and fitness equipment exports rose markedly to X tons in 2021, growing by 8.6% on 2020. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 50%. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, gym and fitness equipment exports surged to $X in 2021. Overall, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2013 when exports increased by 53%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Russia represented the largest exporter of gym and fitness equipment in the CIS, with the volume of exports resulting at X tons, which was near 69% of total exports in 2021. It was distantly followed by Belarus (X tons), comprising a 29% share of total exports.

Exports from Russia increased at an average annual rate of +19.0% from 2012 to 2021. At the same time, Belarus (+30.9%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +30.9% from 2012-2021. While the share of Belarus (+14 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Russia (-14.7 p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest gym and fitness equipment supplier in the CIS, comprising 82% of total exports. The second position in the ranking was taken by Belarus ($X), with a 16% share of total exports.

In Russia, gym and fitness equipment exports expanded at an average annual rate of +18.1% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, picking up by 21% against the previous year. Overall, the export price, however, showed a noticeable shrinkage. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Russia ($X per ton), while Belarus amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-0.7%).

Imports of Gym and Fitness Equipment

Imports in CIS

For the third consecutive year, the CIS recorded growth in overseas purchases of gym and fitness equipment, which increased by 11% to X tons in 2021. Total imports indicated measured growth from 2012 to 2021: its volume increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +63.4% against 2016 indices. The growth pace was the most rapid in 2020 with an increase of 27% against the previous year. The volume of import peaked in 2021 and is likely to see steady growth in years to come.

In value terms, gym and fitness equipment imports skyrocketed to $X in 2021. Total imports indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +87.6% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia was the main importing country with an import of about X tons, which reached 74% of total imports. Kazakhstan (X tons) ranks second in terms of the total imports with a 12% share, followed by Belarus (7.3%). The following importers - Azerbaijan (X tons) and Uzbekistan (X tons) - each resulted at a 4.3% share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of gym and fitness equipment. At the same time, Belarus (+14.0%), Uzbekistan (+12.6%), Kazakhstan (+9.7%) and Azerbaijan (+4.8%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in the CIS, with a CAGR of +14.0% from 2012-2021. From 2012 to 2021, the share of Kazakhstan, Belarus and Uzbekistan increased by +5.6, +4.6 and +2.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported gym and fitness equipment in the CIS, comprising 69% of total imports. The second position in the ranking was held by Kazakhstan ($X), with an 18% share of total imports. It was followed by Belarus, with a 5% share.

In Russia, gym and fitness equipment imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kazakhstan (+15.6% per year) and Belarus (+10.2% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, with an increase of 15% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Uzbekistan ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+16.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for gym and fitness equipment in the CIS?
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Russia remains the largest gym and fitness equipment consuming country in the CIS, accounting for 81% of total volume. Moreover, gym and fitness equipment consumption in Russia exceeded the figures recorded by the second-largest consumer, Kazakhstan, more than tenfold. The third position in this ranking was taken by Tajikistan, with a 2.9% share.
What are the largest producers of gym and fitness equipment in the CIS?
+
Russia remains the largest gym and fitness equipment producing country in the CIS, comprising approx. 89% of total volume. Moreover, gym and fitness equipment production in Russia exceeded the figures recorded by the second-largest producer, Tajikistan, more than tenfold.
What are the leading exporters of gym and fitness equipment in the CIS?
+
In value terms, Russia remains the largest gym and fitness equipment supplier in the CIS, comprising 82% of total exports. The second position in the ranking was held by Belarus, with a 16% share of total exports.
What are the leading importers of gym and fitness equipment in the CIS?
+
In value terms, Russia constitutes the largest market for imported gym and fitness equipment in the CIS, comprising 69% of total imports. The second position in the ranking was held by Kazakhstan, with an 18% share of total imports. It was followed by Belarus, with a 5% share.
What is the average export price for gym and fitness equipment in the CIS?
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The export price in the CIS stood at $4,446 per ton in 2021, surging by 21% against the previous year.
What is the average import price for gym and fitness equipment in the CIS?
+
In 2021, the import price in the CIS amounted to $3,919 per ton, picking up by 15% against the previous year.

This report provides an in-depth analysis of the market for gym and fitness equipment in CIS. 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:
• Armenia
• Kyrgyzstan
• Moldova
• Tajikistan

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in CIS, split by region and country
• Trade (exports and imports) in CIS
• 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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

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
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Armenia
• Azerbaijan
• Belarus
• Kazakhstan
• Kyrgyzstan
• Moldova
• Russia
• Tajikistan
• Uzbekistan
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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