Germany: Overview of the Market for Gym and Fitness Equipment 2020

Market Size for Gym and Fitness Equipment in Germany

For the third year in a row, the German gym and fitness equipment market recorded growth in sales value, which increased by X% to $X in 2018. Over the period under review, the total market indicated a buoyant 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, consumption increased by +X% against 2014 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Gym and Fitness Equipment in Germany

In value terms, gym and fitness equipment production fell modestly to $X in 2018 estimated in export prices. In general, production showed a noticeable curtailment. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Gym and fitness equipment production peaked at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Exports of Gym and Fitness Equipment

Exports from Germany

In 2018, shipments abroad of gym and fitness equipment was finally on the rise to reach X tonnes after three years of decline. Overall, total exports indicated pronounced growth 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, exports decreased by -X% against 2014 indices. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Exports peaked at X tonnes in 2014; however, from 2015 to 2018, exports remained at a lower figure.

In value terms, gym and fitness equipment exports soared to $X in 2018. In general, total exports indicated a prominent increase from 2007 to 2018: its value 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, exports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, exports hit record highs in 2018 and are expected to retain growth in the near future.

Exports by Country

Austria (X tonnes), the Netherlands (X tonnes) and Switzerland (X tonnes) were the main destinations of gym and fitness equipment exports from Germany, together comprising X% of total exports. Italy, France, the UK, the U.S., Belgium, Spain, Poland, Denmark and Finland lagged somewhat behind, together comprising a further X 2007 to 2018, the biggest increases were in Finland, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for gym and fitness equipment exported from Germany were Austria ($X), Switzerland ($X) and the Netherlands ($X), together comprising X% of total exports. These countries were followed by France, the UK, Italy, Spain, the U.S., Belgium, Poland, Denmark and Finland, which together accounted for a further X UK saw the highest growth rate of the value of exports, among 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

The average gym and fitness equipment export price stood at $X per tonne in 2018, growing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Switzerland ($X per tonne), while the average price for exports to Finland ($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 Spain, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gym and Fitness Equipment

Imports into Germany

For the third consecutive year, Germany recorded growth in purchases abroad of gym and fitness equipment, which increased by X% to X tonnes in 2018. Over the period under review, total imports indicated a tangible increase from 2007 to 2018: its volume 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, imports increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Imports peaked in 2018 and are likely to continue growth in years to come.

In value terms, gym and fitness equipment imports skyrocketed to $X in 2018. In general, imports continue to indicate a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2018, China (X tonnes) constituted the largest gym and fitness equipment supplier to Germany, accounting for a X% share of total imports. Moreover, gym and fitness equipment imports from China exceeded the figures recorded by the second-largest supplier, Taiwan, Chinese (X tonnes), more than tenfold. 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 from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan, Chinese (+X% per year) and the Netherlands (+X% per year).

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

Import Prices by Country

In 2018, the average gym and fitness equipment import price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, import price indicated a buoyant increase 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, gym and fitness equipment import price increased by +X% against 2008 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; 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 the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gym and fitness equipment in the world?

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The countries with the highest volumes of gym and fitness equipment consumption in 2018 were China (770K tonnes), the U.S. (442K tonnes) and Pakistan (159K tonnes), with a combined 30% share of global consumption. These countries were followed by Bangladesh, Indonesia, Russia, Nigeria, Germany, the UK, Ethiopia, Iran and France, which together accounted for a further 21%.

What are the largest producers of gym and fitness equipment in the world?

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China (1.8M tonnes) constituted the country with the largest volume of gym and fitness equipment production, accounting for 41% of total volume. Moreover, gym and fitness equipment production in China exceeded the figures recorded by the second-largest producer, the U.S. (199K tonnes), ninefold. Pakistan (160K tonnes) ranked third in terms of total production with a 3.7% share.

What are the leading suppliers of gym and fitness equipment to Germany?

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In value terms, China ($370M) constituted the largest supplier of gym and fitness equipment to Germany, comprising 44% of total imports. The second position in the ranking was occupied by Italy ($68M), with a 8.1% share of total imports. It was followed by Taiwan, Chinese, with a 7.9% share.

What are the leading importers of gym and fitness equipment from Germany?

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In value terms, Austria ($66M), Switzerland ($58M) and the Netherlands ($45M) were the largest markets for gym and fitness equipment exported from Germany worldwide, with a combined 40% share of total exports. These countries were followed by France, the UK, Italy, Spain, the U.S., Belgium, Poland, Denmark and Finland, which together accounted for a further 37%.

What is the average export price for gym and fitness equipment in Germany?

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The average gym and fitness equipment export price stood at $10,736 per tonne in 2018, jumping by 16% against the previous year.

What is the average import price for gym and fitness equipment in Germany?

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The average gym and fitness equipment import price stood at $6,587 per tonne in 2018, with an increase of 25% against the previous year.