Europe: Market for Gym and Fitness Equipment 2024

Market Size for Gym and Fitness Equipment in Europe

After six years of growth, the Europe gym and fitness equipment market decreased by X% to $X in 2022. Overall, consumption, however, recorded tangible growth. 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 Europe

In value terms, gym and fitness equipment production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. The level of production peaked at $X in 2021, and then reduced in the following year.

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Exports of Gym and Fitness Equipment

Exports in Europe

In 2022, overseas shipments of gym and fitness equipment decreased by X% to X tons for the first time since 2013, thus ending a eight-year rising trend. Overall, exports, however, posted a resilient expansion. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of X tons, and then fell rapidly in the following year.

In value terms, gym and fitness equipment exports declined significantly to $X in 2022. Over the period under review, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then dropped notably in the following year.

Exports by Country

In 2022, the Netherlands (X tons), distantly followed by Spain (X tons), Germany (X tons), Belgium (X tons), Italy (X tons), France (X tons) and Poland (X tons) represented the main exporters of gym and fitness equipment, together committing X% of total exports. Hungary (X tons), the UK (X tons), Sweden (X tons), Slovakia (X tons), the Czech Republic (X tons) and Greece (X tons) followed a long way behind the leaders.

Exports from the Netherlands increased at an average annual rate of X% from 2012 to 2022. At the same time, Greece (X%), Poland (X%), Spain (X%), Sweden (X%), the Czech Republic (X%), Hungary (X%) and Italy (X%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. Belgium, Germany, France and the UK experienced a relatively flat trend pattern. By contrast, Slovakia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands, Spain, Poland and Greece increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest gym and fitness equipment supplying countries in Europe were the Netherlands ($X), Italy ($X) and Germany ($X), together comprising X% of total exports. Spain, Belgium, Sweden, France, Poland, the UK, Hungary, Slovakia, the Czech Republic and Greece lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Greece, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while Greece ($X per ton) was amongst the lowest.

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

Imports of Gym and Fitness Equipment

Imports in Europe

In 2022, after six years of growth, there was significant decline in supplies from abroad of gym and fitness equipment, when their volume decreased by X% to X tons. Overall, imports, however, recorded a measured expansion. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then dropped markedly in the following year.

In value terms, gym and fitness equipment imports reduced markedly to $X in 2022. Over the period under review, imports, however, showed a prominent expansion. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then shrank remarkably in the following year.

Imports by Country

The purchases of the five major importers of gym and fitness equipment, namely Germany, the Netherlands, the UK, France and Spain, represented more than half of total import. It was distantly followed by Belgium (X tons), achieving a X% share of total imports. Italy (X tons), Poland (X tons), Russia (X tons), Sweden (X tons), Greece (X tons), Norway (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

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

In value terms, Germany ($X), the Netherlands ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. France, Spain, Sweden, Italy, Poland, Belgium, Russia, Norway, the Czech Republic and Greece lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Greece, 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 import price in Europe amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while Greece ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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