Cyprus - Gymnasium Or Athletics Articles And Equipment - Market Analysis, Forecast, Size, Trends and Insights

Cyprus: Fitness Equipment Market Overview 2019

Fitness Equipment Market Size in Cyprus

The revenue of the fitness equipment market in Cyprus amounted to $X in 2018, jumping by X% against the previous year. Overall, the total market indicated a mild growth from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the fitness equipment consumption increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. In that year, the fitness equipment market attained its peak level of $X. From 2015 to 2018, the growth of the fitness equipment market remained at a lower figure.

Fitness Equipment Production in Cyprus

In value terms, fitness equipment production amounted to $X in 2018 estimated in export prices. Over the period under review, fitness equipment production continues to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2014, when the output figure increased by X% against the previous year. In that year, fitness equipment production attained its peak level of $X. From 2015 to 2018, fitness equipment production growth remained at a lower figure.

Fitness Equipment Exports

Exports from Cyprus

Fitness equipment exports from Cyprus stood at X tonnes in 2018, coming down by -X% against the previous year. Overall, fitness equipment exports continue to indicate a drastic slump. The most prominent rate of growth was recorded in 2013, with an increase of X% y-o-y. In that year, fitness equipment exports reached their peak of X tonnes. From 2014 to 2018, the growth of fitness equipment exports failed to regain its momentum.

In value terms, fitness equipment exports stood at $X in 2018. Over the period under review, fitness equipment exports continue to indicate a drastic curtailment. The pace of growth appeared the most rapid in 2013, with an increase of X% y-o-y. Cyprus exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China dominates fitness equipment exports structure, resulting at X tonnes, which was approx. X% of total exports in 2018. It was distantly followed by Taiwan, Chinese (X tonnes), creating X% share of total exports. The following exporters - the Netherlands (X tonnes), the U.S. (X tonnes), Germany (X tonnes), Italy (X tonnes) and Belgium (X tonnes) - together made up X% of total exports.

China experienced a relatively flat trend pattern of gymnasium or athletics articles and equipment exports. At the same time, the Netherlands (+X%), Germany (+X%), Italy (+X%) and Taiwan, Chinese (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Belgium (-X%) and the U.S. (-X%) illustrated a downward trend over the same period. The U.S. (X%), Belgium (X%) and China (X%) significantly strengthened its position in terms of the global exports, while the Netherlands saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest fitness equipment supplier from Cyprus, comprising X% of global exports. The second position in the ranking was occupied by Taiwan, Chinese ($X), with a X% share of global exports. It was followed by the U.S., with a X% share.

In China, fitness equipment exports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Taiwan, Chinese (+X% per year) and the U.S. (+X% per year).

Export Prices by Country

In 2018, the fitness equipment export price in Cyprus amounted to $X per kg, jumping by X% against the previous year. Overall, the fitness equipment export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, an increase of X% against the previous year. Cyprus export price peaked in 2018, and is likely to see steady growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was the U.S. ($X per kg), while Belgium ($X per kg) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Fitness Equipment Imports

Imports into Cyprus

In 2018, the amount of gymnasium or athletics articles and equipment imported into Cyprus stood at X tonnes, dropping by -X% against the previous year. Over the period under review, fitness equipment imports continue to indicate a drastic decrease. The growth pace was the most rapid in 2014, with an increase of X% against the previous year. Cyprus imports peaked at X tonnes in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

In value terms, fitness equipment imports stood at $X in 2018. In general, fitness equipment imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. Over the period under review, fitness equipment imports attained their peak figure at $X in 2008; however, from 2009 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X tonnes), distantly followed by Germany (X tonnes), the UK (X tonnes) and the Netherlands (X tonnes) were the key importers of gymnasium or athletics articles and equipment, together comprising X% of total imports. Japan (X tonnes), Belgium (X tonnes), Italy (X tonnes), France (X tonnes), Poland (X tonnes), South Korea (X tonnes), Russia (X tonnes) and India (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to fitness equipment imports into the U.S. stood at +X%. At the same time, Poland (+X%), the Netherlands (+X%), India (+X%), South Korea (+X%), Russia (+X%), Germany (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2018. Italy experienced a relatively flat trend pattern. By contrast, the UK (-X%), France (-X%) and Belgium (-X%) illustrated a downward trend over the same period. Belgium (X%) and France (X%) significantly strengthened its position in terms of the global imports, while India, Poland, the U.S., Germany and the Netherlands saw its share reduced by -X%, -X%, -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported gymnasium or athletics articles and equipment into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the UK (+X% per year).

Import Prices by Country

In 2018, the fitness equipment import price in Cyprus amounted to $X per kg, increasing by X% against the previous year. Overall, the import price indicated a remarkable expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the fitness equipment import price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2018, an increase of X% year-to-year. In that year, the import prices for gymnasium or athletics articles and equipment attained their peak level, and is likely to continue its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was the U.S. ($X per kg), while Belgium ($X per kg) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Poland, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform