Austria: Market for Gym and Fitness Equipment 2024

Market Size for Gym and Fitness Equipment in Austria

In 2022, after two years of growth, there was significant decline in the Austrian gym and fitness equipment market, when its value decreased by -37.6% to $X. Overall, consumption, however, posted measured growth. Gym and fitness equipment consumption peaked at $X in 2021, and then shrank notably in the following year.

Production of Gym and Fitness Equipment in Austria

In value terms, gym and fitness equipment production surged to $X in 2022 estimated in export price. Overall, production recorded a abrupt setback. The most prominent rate of growth was recorded in 2019 when the production volume increased by 86%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Gym and Fitness Equipment

Exports from Austria

In 2022, shipments abroad of gym and fitness equipment increased by 68% to X tons, rising for the second year in a row after three years of decline. Over the period under review, total exports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +135.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, gym and fitness equipment exports soared to $X in 2022. In general, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.7% against 2020 indices. The pace of growth appeared the most rapid in 2017 when exports increased by 45% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Poland (X tons), Germany (X tons) and Greece (X tons) were the main destinations of gym and fitness equipment exports from Austria, together comprising 43% of total exports. The Czech Republic, Hungary, Romania, Slovakia, Croatia, Cyprus, Slovenia, Bulgaria, Italy and Switzerland lagged somewhat behind, together accounting for a further 53%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cyprus (with a CAGR of +43.2%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for gym and fitness equipment exports from Austria, comprising 31% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 12% share of total exports. It was followed by Poland, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at +13.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+4.2% per year) and Poland (+17.8% per year).

Export Prices by Country

In 2022, the average gym and fitness equipment export price amounted to $X per ton, declining by -16.9% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 21%. As a result, the export price attained the peak level of $X per ton. From 2015 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 Germany ($X per ton), while the average price for exports to Croatia ($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 Germany (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gym and Fitness Equipment

Imports into Austria

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 -18.2% to X tons. In general, total imports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 50% against the previous year. As a result, imports reached the peak of X tons, and then dropped notably in the following year.

In value terms, gym and fitness equipment imports declined dramatically to $X in 2022. Over the period under review, imports, however, continue to indicate a notable increase. The pace of growth appeared the most rapid in 2017 with an increase of 55% against the previous year. Imports peaked at $X in 2021, and then shrank dramatically in the following year.

Imports by Country

China (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of gym and fitness equipment imports to Austria, together comprising 87% of total imports. Italy and Slovakia lagged somewhat behind, together comprising a further 6.9%.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +73.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of gym and fitness equipment to Austria, comprising 51% of total imports. The second position in the ranking was taken by China ($X), with a 19% share of total imports. It was followed by Italy, with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-0.6% per year) and Italy (-1.7% per year).

Import Prices by Country

The average gym and fitness equipment import price stood at $X per ton in 2022, waning by -9.9% against the previous year. In general, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.6% 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 import price decreased by -30.3% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 40% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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