Report Update Nov 1, 2024

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

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Indonesia: Market for Gym and Fitness Equipment 2024

Market Size for Gym and Fitness Equipment in Indonesia

In 2022, the Indonesian gym and fitness equipment market decreased by -4.4% to $X for the first time since 2015, thus ending a six-year rising trend. In general, consumption, however, posted strong growth. As a result, consumption attained the peak level of $X, and then shrank slightly in the following year.

Exports of Gym and Fitness Equipment

Exports from Indonesia

In 2022, after four years of decline, there was significant growth in overseas shipments of gym and fitness equipment, when their volume increased by 150% to X tons. Overall, exports showed notable growth. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, gym and fitness equipment exports soared to $X in 2022. In general, exports, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2017 with an increase of 256% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for gym and fitness equipment exports from Indonesia, with a 54% share of total exports. Moreover, gym and fitness equipment exports to the United States exceeded the volume sent to the second major destination, Timor-Leste (X tons), threefold. The third position in this ranking was taken by Singapore (X tons), with an 8.1% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Timor-Leste (+7.3% per year) and Singapore (+18.9% per year).

In value terms, the United States ($X) remains the key foreign market for gym and fitness equipment exports from Indonesia, comprising 79% of total exports. The second position in the ranking was taken by Singapore ($X), with an 11% share of total exports. It was followed by the United Arab Emirates, with a 6.6% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled -2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+33.6% per year) and the United Arab Emirates (-6.7% per year).

Export Prices by Country

The average gym and fitness equipment export price stood at $X per ton in 2022, increasing by 19% against the previous year. In general, the export price, however, continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 198% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Timor-Leste ($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 Singapore (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gym and Fitness Equipment

Imports into Indonesia

In 2022, supplies from abroad of gym and fitness equipment decreased by -4.9% to X tons for the first time since 2014, thus ending a seven-year rising trend. In general, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of X tons, and then fell in the following year.

In value terms, gym and fitness equipment imports contracted modestly to $X in 2022. Over the period under review, imports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of 31%. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, China (X tons) was the main supplier of gym and fitness equipment to Indonesia, with a 97% share of total imports. It was followed by Taiwan (Chinese) (X tons), with a 0.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +13.9%.

In value terms, China ($X) constituted the largest supplier of gym and fitness equipment to Indonesia, comprising 87% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 2.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +11.5%.

Import Prices by Country

The average gym and fitness equipment import price stood at $X per ton in 2022, almost unchanged from the previous year. Over the period under review, the import price, however, continues to indicate a noticeable shrinkage. The growth pace was the most rapid in 2017 an increase of 15% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.9%).

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, comprising approx. 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. The third position in this ranking was occupied by Russia, with a 3.9% share.

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

The country with the largest volume of gym and fitness equipment production was China, 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 Indonesia?

In value terms, China constituted the largest supplier of gym and fitness equipment to Indonesia.

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

In value terms, the United States remains the key foreign market for gym and fitness equipment exports from Indonesia, comprising 90% of total exports. The second position in the ranking was occupied by the United Arab Emirates, with a 3.2% share of total exports. It was followed by Singapore, with a 2.2% share.

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

In 2021, the average gym and fitness equipment export price amounted to $25,405 per ton, with an increase of 16% against the previous year.

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

In 2021, the average gym and fitness equipment import price amounted to $2,993 per ton, which is down by -8.4% against the previous year.

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

Indonesia

Data coverage:

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