Report Update Nov 1, 2024

Argentina - Gym and Fitness Equipment - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Market for Gym and Fitness Equipment 2024

Market Size for Gym and Fitness Equipment in Argentina

In 2022, after two years of growth, there was significant decline in the Argentinian gym and fitness equipment market, when its value decreased by -27.1% to $X. In general, consumption, however, recorded modest growth. Over the period under review, the market hit record highs at $X in 2021, and then reduced dramatically in the following year.

Exports of Gym and Fitness Equipment

Exports from Argentina

After two years of decline, overseas shipments of gym and fitness equipment increased by 1,068% to X tons in 2022. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, gym and fitness equipment exports skyrocketed to $X in 2022. Overall, exports, however, saw a deep reduction. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Uruguay (X tons) was the main destination for gym and fitness equipment exports from Argentina, accounting for a 88% share of total exports. Moreover, gym and fitness equipment exports to Uruguay exceeded the volume sent to the second major destination, Bolivia (X tons), more than tenfold. The third position in this ranking was held by Chile (X tons), with a 3.4% share.

From 2012 to 2022, the average annual growth rate of volume to Uruguay amounted to +6.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (-13.5% per year) and Chile (-25.4% per year).

In value terms, Uruguay ($X) remains the key foreign market for gym and fitness equipment exports from Argentina, comprising 75% of total exports. The second position in the ranking was taken by Chile ($X), with a 7.7% share of total exports. It was followed by Spain, with a 7.3% share.

From 2012 to 2022, the average annual growth rate of value to Uruguay amounted to +4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-20.3% per year) and Spain (-9.0% per year).

Export Prices by Country

The average gym and fitness equipment export price stood at $X per ton in 2022, with an increase of 12% against the previous year. Overall, the export price, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 51%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Uruguay ($X 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 Paraguay (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gym and Fitness Equipment

Imports into Argentina

In 2022, after two years of growth, there was significant decline in supplies from abroad of gym and fitness equipment, when their volume decreased by -32.7% to X tons. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 85% against the previous year. Imports peaked at X tons in 2021, and then dropped sharply in the following year.

In value terms, gym and fitness equipment imports dropped remarkably to $X in 2022. In general, imports, however, posted a mild expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 78% against the previous year. Imports peaked at $X in 2021, and then reduced rapidly in the following year.

Imports by Country

In 2022, China (X tons) was the main supplier of gym and fitness equipment to Argentina, accounting for a 96% share of total imports. It was followed by Taiwan (Chinese) (X tons), with a 0.8% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +1.5%.

In value terms, China ($X) constituted the largest supplier of gym and fitness equipment to Argentina, comprising 89% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 1.8% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +3.1%.

Import Prices by Country

The average gym and fitness equipment import price stood at $X per ton in 2022, growing by 9.8% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 13% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 Taiwan (Chinese) ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gym and fitness equipment in the world?

The country with the largest volume of gym and fitness equipment consumption was the United States, accounting for 37% of total volume. Moreover, gym and fitness equipment consumption in the United States exceeded the figures recorded by the second-largest consumer, China, twofold. Russia ranked third in terms of total consumption with a 3.9% share.

What are the largest producers of gym and fitness equipment in the world?

China remains the largest gym and fitness equipment producing country worldwide, accounting for 74% of total volume. Moreover, gym and fitness equipment production in China exceeded the figures recorded by the second-largest producer, the United States, more than tenfold. The third position in this ranking was occupied by Pakistan, with a 3.4% share.

What are the leading suppliers of gym and fitness equipment to Argentina?

In value terms, China constituted the largest supplier of gym and fitness equipment to Argentina, comprising 77% of total imports. The second position in the ranking was occupied by the United States, with a 5.4% share of total imports. It was followed by Taiwan Chinese), with a 4.9% share.

What are the leading importers of gym and fitness equipment from Argentina?

In value terms, the largest markets for gym and fitness equipment exported from Argentina were Italy, Chile and Venezuela, with a combined 46% share of total exports. These countries were followed by Uruguay, Peru, Spain, the United States, Bolivia, Brazil, Malaysia, Mexico, the UK and Croatia, which together accounted for a further 36%.

What is the average export price for gym and fitness equipment in Argentina?

The average gym and fitness equipment export price stood at $9,962 per ton in 2021, with a decrease of -5% against the previous year.

What is the average import price for gym and fitness equipment in Argentina?

The average gym and fitness equipment import price stood at $3,879 per ton in 2021, waning by -2.5% against the previous year.

This report provides an in-depth analysis of the market for gym and fitness equipment in Argentina. 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:

Argentina

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Argentina
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023