Kenya - Gym and Fitness Equipment - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Gym and Fitness Equipment in Kenya - 2021
Contents:
- Price for Gym and Fitness Equipment in Kenya (CIF) - 2022
- Price for Gym and Fitness Equipment in Kenya (FOB) - 2022
- Imports of Gym and Fitness Equipment in Kenya
- Exports of Gym and Fitness Equipment in Kenya
Price for Gym and Fitness Equipment in Kenya (CIF) - 2022
The average gym and fitness equipment import price stood at $4,762 per ton in 2022, with an increase of 2.6% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 32% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($19,057 per ton), while the price for Germany ($1,973 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Gym and Fitness Equipment in Kenya (FOB) - 2022
The average gym and fitness equipment export price stood at $11,757 per ton in 2022, declining by -2.9% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.1% 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 export price increased by +37.5% against 2018 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 47% against the previous year. As a result, the export price attained the peak level of $15,529 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($64,282 per ton), while the average price for exports to Democratic Republic of the Congo ($1,595 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 the United Arab Emirates (+32.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Gym and Fitness Equipment in Kenya
In 2022, purchases abroad of gym and fitness equipment decreased by -14% to 2.1K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 58% against the previous year.
In value terms, gym and fitness equipment imports shrank to $10M in 2022. Over the period under review, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 74%.
Import of Gym and Fitness Equipment in Kenya (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.7 | 6.3 | 8.2 | 8.3 | 45.4% |
United States | 0.5 | 0.3 | 0.3 | 0.3 | -15.7% |
Taiwan (Chinese) | 0.3 | 0.4 | 0.2 | 0.2 | -12.6% |
Italy | 0.9 | 0.7 | 0.4 | 0.1 | -51.9% |
United Arab Emirates | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
United Kingdom | 0.1 | 0.2 | 0.4 | 0.1 | 0.0% |
Germany | N/A | N/A | 0.1 | 0.1 | 0.0% |
Others | 0.5 | 1.0 | 1.8 | 1.0 | 26.0% |
Total | 5.1 | 8.8 | 11.6 | 10.2 | 26.0% |
Top Suppliers of Gym and Fitness Equipment to Kenya in 2022:
- China (1704.2 tons)
- United States (118.2 tons)
- Germany (64.0 tons)
- Taiwan (Chinese) (38.7 tons)
- United Kingdom (17.6 tons)
- United Arab Emirates (16.4 tons)
- Italy (5.1 tons)
Exports of Gym and Fitness Equipment in Kenya
In 2022, the amount of gym and fitness equipment exported from Kenya declined remarkably to 12 tons, which is down by -34.1% on the year before. Over the period under review, exports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 243%. As a result, the exports attained the peak of 19 tons, and then reduced sharply in the following year.
In value terms, gym and fitness equipment exports dropped notably to $146K in 2022. In general, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 257%. As a result, the exports reached the peak of $228K, and then contracted rapidly in the following year.
Export of Gym and Fitness Equipment in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 9.7 | 8.0 | 75.6 | 37.1 | 56.4% |
South Sudan | 56.5 | 19.7 | 39.7 | 21.0 | -28.1% |
Uganda | 34.8 | 0.4 | 35.1 | 17.6 | -20.3% |
Somalia | 32.3 | 4.8 | 6.3 | 11.8 | -28.5% |
Tanzania | 3.2 | 3.3 | 0.3 | 10.5 | 48.6% |
Burundi | 1.1 | 3.3 | 14.9 | 7.4 | 88.8% |
Mozambique | 2.0 | 1.7 | 4.2 | 5.7 | 41.8% |
United Arab Emirates | 0.6 | 1.6 | 9.1 | 4.6 | 97.2% |
Rwanda | 0.5 | 2.9 | 10.0 | 3.2 | 85.7% |
Democratic Republic of the Congo | 2.8 | 1.3 | 4.1 | 2.0 | -10.6% |
United States | 2.7 | 0.6 | 1.2 | 1.2 | -23.7% |
United Kingdom | 8.8 | 2.4 | 1.7 | 0.8 | -55.0% |
Cameroon | 0.1 | N/A | 0.1 | 0.7 | 91.3% |
Others | 19.2 | 14.0 | 26.0 | 22.6 | 5.6% |
Total | 174 | 63.9 | 228 | 146 | -5.7% |
Top Export Markets for Gym and Fitness Equipment from Kenya in 2022:
- Mozambique (2666.0 kg)
- South Sudan (2583.0 kg)
- Democratic Republic of the Congo (1273.0 kg)
- Uganda (693.0 kg)
- Somalia (613.0 kg)
- Germany (577.0 kg)
- Tanzania (428.0 kg)
- Rwanda (408.0 kg)
- Cameroon (344.0 kg)
- United Kingdom (341.0 kg)
- Burundi (336.0 kg)
- United Arab Emirates (317.0 kg)
- United States (316.0 kg)
This report provides an in-depth analysis of the market for gym and fitness equipment in Kenya. 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:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- 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
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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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