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In September 2023, imports of Gym and Fitness Equipment reached their highest point. The value of these imports slightly decreased, amounting to $15M.
The growth of imports for Gym and Fitness Equipment failed to regain momentum from November 2022 to August 2023. In terms of value, imports for Gym and Fitness Equipment surged to $13M in August 2023.
In March 2023, the price of Gym and Fitness Equipment reached $4,753 per ton (CIF, Turkey), experiencing a 2.7% increase compared to the previous month.
In April 2023, the gym and fitness equipment price amounted to $2,755 per ton (CIF, US), shrinking by -5% against the previous month.
In January 2023, the price of Gym and Fitness Equipment reached $5,031 per ton (CIF, France), declining -13.7% compared to the preceding month.
A spike in the fitness equipment imports in the EU has been recorded during the pandemic year, driven by growing demand from retail consumers while fitness clubs' activity was limited. In 2020, the import value rose by +9.6% y-o-y to $3.4B. Germany, France and the Netherlands remain the largest importers of gym and fitness equipment in the EU.
The pandemic hampers the gym and fitness equipment market with the limitations to public fitness clubs. Not being able to visit fitness clubs, many people keep training at home and therefore buy more equipment online with delivery.