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India - Gym and Fitness Equipment - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Gym and Fitness Equipment in India - 2023
Contents:
- Price for Gym and Fitness Equipment in India (CIF) - 2023
- Price for Gym and Fitness Equipment in India (FOB) - 2023
- Imports of Gym and Fitness Equipment in India
- Exports of Gym and Fitness Equipment in India
Price for Gym and Fitness Equipment in India (CIF) - 2023
The average gym and fitness equipment import price stood at $3,542 per ton in July 2023, shrinking by -2.4% against the previous month. Over the period under review, the import price showed a slight descent. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 40% m-o-m. The import price peaked at $4,247 per ton in January 2023; however, from February 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the United States ($17,109 per ton), while the price for Hong Kong SAR ($2,845 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Gym and Fitness Equipment in India (FOB) - 2023
The average gym and fitness equipment export price stood at $5,492 per ton in July 2023, rising by 1.7% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in December 2022 an increase of 42% m-o-m. The export price peaked at $5,698 per ton in February 2023; however, from March 2023 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Ireland ($9,158 per ton), while the average price for exports to Israel ($3,308 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Gym and Fitness Equipment in India
After three years of growth, supplies from abroad of gym and fitness equipment decreased by -16.6% to 40K tons in 2022. The total import volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of 48K tons, and then declined notably in the following year.
In value terms, gym and fitness equipment imports declined to $158M in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. As a result, imports reached the peak of $178M, and then reduced in the following year.
Import of Gym and Fitness Equipment in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 96.1 | 112 | 135 | 113 | 5.5% |
Taiwan (Chinese) | 11.2 | 8.2 | 13.6 | 12.7 | 4.3% |
United States | 14.1 | 7.4 | 8.3 | 12.1 | -5.0% |
Hong Kong SAR | 0.6 | 4.1 | 6.9 | 3.8 | 85.0% |
Others | 10.9 | 8.7 | 14.0 | 15.4 | 12.2% |
Total | 133 | 141 | 178 | 158 | 5.9% |
Top Suppliers of Gym and Fitness Equipment to India in 2022:
- China (34.6K tons)
- Taiwan (Chinese) (2.2K tons)
- Hong Kong SAR (0.9K tons)
- United States (0.8K tons)
Exports of Gym and Fitness Equipment in India
After three years of growth, shipments abroad of gym and fitness equipment decreased by -16.7% to 5.7K tons in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 64%. As a result, the exports reached the peak of 6.9K tons, and then fell remarkably in the following year.
In value terms, gym and fitness equipment exports shrank to $27M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 39% against the previous year.
Export of Gym and Fitness Equipment in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2.7 | 2.4 | 4.7 | 5.4 | 26.0% |
United Kingdom | 2.1 | 3.4 | 5.5 | 3.7 | 20.8% |
Ireland | 1.1 | 2.9 | 4.1 | 1.9 | 20.0% |
Germany | 0.5 | 0.6 | 1.2 | 1.6 | 47.4% |
Australia | 1.3 | 1.2 | 1.5 | 1.2 | -2.6% |
France | 0.3 | 2.7 | 1.0 | 1.2 | 58.7% |
United Arab Emirates | 1.1 | 2.0 | 0.7 | 0.8 | -10.1% |
South Africa | 0.2 | 0.3 | 0.7 | 0.7 | 51.8% |
Nepal | 0.3 | 0.2 | 0.7 | 0.6 | 26.0% |
Sweden | 0.1 | 0.3 | 0.6 | 0.6 | 81.7% |
Spain | N/A | 0.5 | 0.5 | 0.5 | 0.0% |
Denmark | 0.2 | 0.2 | 0.4 | 0.4 | 26.0% |
Italy | N/A | 0.2 | 0.4 | 0.3 | 22.5% |
Others | 6.3 | 5.7 | 8.7 | 7.9 | 7.8% |
Total | 16.3 | 22.6 | 30.5 | 26.7 | 17.9% |
Top Export Markets for Gym and Fitness Equipment from India in 2022:
- United States (1110.1 tons)
- United Kingdom (961.7 tons)
- Australia (385.2 tons)
- Germany (312.8 tons)
- United Arab Emirates (281.6 tons)
- France (218.7 tons)
- Ireland (207.2 tons)
- Nepal (194.1 tons)
- Italy (138.0 tons)
- South Africa (127.2 tons)
- Spain (107.5 tons)
- Denmark (106.3 tons)
- Sweden (104.6 tons)
This report provides an in-depth analysis of the market for gym and fitness equipment in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32301400 - Gymnasium or athletics articles and equipment
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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