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

Denmark: Fitness Equipment Market Overview 2019

Fitness Equipment Market Size in Denmark

The revenue of the fitness equipment market in Denmark amounted to $X in 2018, waning by -X% against the previous year. Overall, the total market indicated mild growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, fitness equipment consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, the fitness equipment market attained its maximum level at $X in 2017, and then declined slightly in the following year.

Fitness Equipment Production in Denmark

In value terms, fitness equipment production amounted to $X in 2018 estimated in export prices. In general, fitness equipment production, however, continues to indicate a temperate deduction. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. In that year, fitness equipment production reached its peak level of $X. From 2009 to 2018, fitness equipment production growth remained at a somewhat lower figure.

Fitness Equipment Exports

Exports from Denmark

In 2018, approx. X tonnes of gymnasium or athletics articles and equipment were exported from Denmark; remaining stable against the previous year. The total export volume increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. In that year, fitness equipment exports attained their peak of X tonnes. From 2016 to 2018, the growth of fitness equipment exports failed to regain its momentum.

In value terms, fitness equipment exports totaled $X in 2018. The total export value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, fitness equipment exports attained their peak figure at $X in 2017, and then declined slightly in the following year.

Exports by Country

Sweden (X tonnes) was the main destination for fitness equipment exports from Denmark, with a X% share of total exports. Moreover, fitness equipment exports to Sweden exceeded the volume sent to the second major destination, Norway (X tonnes), twofold. The third position in this ranking was occupied by the Netherlands (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Sweden amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-X% per year) and the Netherlands (+X% per year).

In value terms, the largest markets for fitness equipment exported from Denmark were the Netherlands ($X), Sweden ($X) and Norway ($X), together comprising X% of total exports. These countries were followed by Germany, France, Singapore, Poland, the UK, Finland, Spain, Faroe Islands and Australia, which together accounted for a further X (+X% per year) recorded the highest growth rate of exports, among the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average fitness equipment export price amounted to $X per tonne, shrinking by -X% against the previous year. Overall, the fitness equipment export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when the average export price increased by X% against the previous year. In that year, the average export prices for gymnasium or athletics articles and equipment reached their peak level of $X per tonne. From 2010 to 2018, the growth in terms of the average export prices for gymnasium or athletics articles and equipment failed to regain its momentum.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Singapore, while the prices for the other major destinations experienced more modest paces of growth.

Fitness Equipment Imports

Imports into Denmark

In 2018, the amount of gymnasium or athletics articles and equipment imported into Denmark totaled X tonnes, reducing by -X% against the previous year. In general, the total imports indicated a moderate expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, fitness equipment imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, fitness equipment imports stood at $X in 2018. Over the period under review, the total imports indicated a remarkable increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, fitness equipment imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Imports peaked in 2018 and are likely to continue its growth in the near future.

Imports by Country

In 2018, China (X tonnes) constituted the largest fitness equipment supplier to Denmark, with a X% share of total imports. Moreover, fitness equipment imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), eightfold. Italy (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Italy (-X% per year).

In value terms, China ($X) constituted the largest supplier of fitness equipment to Denmark, comprising X% of total fitness equipment imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual growth rate of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and Germany (+X% per year).

Import Prices by Country

The average fitness equipment import price stood at $X per tonne in 2018, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. In that year, the average import prices for gymnasium or athletics articles and equipment attained their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the U.S. ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform