Germany: Market for Gym and Fitness Equipment 2024

Market Size for Gym and Fitness Equipment in Germany

The German gym and fitness equipment market shrank remarkably to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, continues to indicate a measured increase. As a result, consumption attained the peak level of $X, and then fell sharply in the following year.

Production of Gym and Fitness Equipment in Germany

In value terms, gym and fitness equipment production reached $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a slight decrease. The growth pace was the most rapid in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

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Exports of Gym and Fitness Equipment

Exports from Germany

In 2022, after four years of growth, there was significant decline in shipments abroad of gym and fitness equipment, when their volume decreased by X% to X tons. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at X tons in 2021, and then fell dramatically in the following year.

In value terms, gym and fitness equipment exports fell markedly to $X in 2022. Over the period under review, total exports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then fell remarkably in the following year.

Exports by Country

Austria (X tons), the Netherlands (X tons) and Switzerland (X tons) were the main destinations of gym and fitness equipment exports from Germany, together comprising X% of total exports. Poland, France, Italy, Spain, the Czech Republic, the UK, Belgium, the United States, Kazakhstan and Sweden lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of X%), 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), with a combined X% share of total exports. France, the United States, Poland, Italy, the UK, Spain, Kazakhstan, Belgium, the Czech Republic and Sweden lagged somewhat behind, together accounting for a further X%.

Kazakhstan, with a CAGR of X%, 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 ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gym and Fitness Equipment

Imports into Germany

In 2022, supplies from abroad of gym and fitness equipment decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. In general, imports, however, saw a tangible expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then declined significantly in the following year.

In value terms, gym and fitness equipment imports contracted significantly to $X in 2022. Over the period under review, imports, however, posted buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then fell notably in the following year.

Imports by Country

China (X tons), the Netherlands (X tons) and Poland (X tons) were the main suppliers of gym and fitness equipment imports to Germany, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest gym and fitness equipment suppliers to Germany were China ($X), the Netherlands ($X) and Taiwan (Chinese) ($X), together comprising X% of total imports. Italy, the United States, Poland and France lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average gym and fitness equipment import price amounted to $X per ton, rising by X% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, gym and fitness equipment import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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