MERCOSUR: Market for Gym and Fitness Equipment 2024

Market Size for Gym and Fitness Equipment in MERCOSUR

In 2022, after two years of growth, there was significant decline in the MERCOSUR gym and fitness equipment market, when its value decreased by X% to $X. Overall, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then shrank rapidly in the following year.

Production of Gym and Fitness Equipment in MERCOSUR

In value terms, gym and fitness equipment production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a deep reduction. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

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Exports of Gym and Fitness Equipment

Exports in MERCOSUR

In 2022, gym and fitness equipment exports in MERCOSUR was estimated at X tons, growing by X% on the previous year's figure. Total exports indicated perceptible growth from 2012 to 2022: its volume 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, exports increased by X% against 2015 indices. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, gym and fitness equipment exports rose notably to $X in 2022. Over the period under review, exports continue to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Brazil (X tons) and Chile (X tons) prevails in exports structure, together generating X% of total exports. The following exporters - Colombia (X tons), Argentina (X tons) and Peru (X tons) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Chile ($X) and Argentina ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Peru and Colombia lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Peru, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, surging by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Chile ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Gym and Fitness Equipment

Imports in MERCOSUR

After two years of growth, purchases abroad of gym and fitness equipment decreased by X% to X tons in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then reduced dramatically in the following year.

In value terms, gym and fitness equipment imports contracted sharply to $X in 2022. Total imports indicated slight growth 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. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then reduced sharply in the following year.

Imports by Country

Chile (X tons) and Brazil (X tons) were the major importers of gym and fitness equipment in 2022, finishing at near X% and X% of total imports, respectively. Colombia (X tons) ranks next in terms of the total imports with a X% share, followed by Argentina (X%), Peru (X%) and Ecuador (X%). Paraguay (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Ecuador (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Chile ($X) and Colombia ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Chile, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Paraguay ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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