New Zealand: Market for Gym and Fitness Equipment 2024

Market Size for Gym and Fitness Equipment in New Zealand

In 2022, the New Zealand gym and fitness equipment market decreased by X% to $X for the first time since 2016, thus ending a five-year rising trend. Overall, consumption, however, saw a remarkable increase. As a result, consumption reached the peak level of $X, and then declined significantly in the following year.

Exports of Gym and Fitness Equipment

Exports from New Zealand

In 2022, approx. X tons of gym and fitness equipment were exported from New Zealand; waning by X% compared with the previous year's figure. Over the period under review, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, gym and fitness equipment exports surged to $X in 2022. Overall, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X tons) was the main destination for gym and fitness equipment exports from New Zealand, with a X% share of total exports. Moreover, gym and fitness equipment exports to Australia exceeded the volume sent to the second major destination, Fiji (X tons), fourfold. The third position in this ranking was held by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Australia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (X% per year) and the United States (X% per year).

In value terms, Australia ($X) remains the key foreign market for gym and fitness equipment exports from New Zealand, comprising X% of total exports. The second position in the ranking was taken by Fiji ($X), with an X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average gym and fitness equipment export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price enjoyed temperate growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were France ($X per ton) and China ($X per ton), while the average price for exports to Cook Islands ($X per ton) and Solomon Islands ($X per ton) were amongst the lowest.

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

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Imports of Gym and Fitness Equipment

Imports into New Zealand

In 2022, overseas purchases of gym and fitness equipment decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, total imports indicated a temperate increase 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, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then shrank markedly in the following year.

In value terms, gym and fitness equipment imports declined remarkably to $X in 2022. Overall, imports, however, posted prominent growth. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then contracted rapidly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of gym and fitness equipment to New Zealand, with a X% share of total imports. Moreover, gym and fitness equipment imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), sevenfold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, China ($X) constituted the largest supplier of gym and fitness equipment to New Zealand, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

The average gym and fitness equipment import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price recorded slight growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($X per ton) and the United States ($X per ton), while the price for China ($X per ton) and Taiwan (Chinese) ($X per ton) were 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 mixed trend patterns.

Source: IndexBox Platform

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