Malta: Fitness Equipment Market 2020

Fitness Equipment Market Size in Malta

The revenue of the fitness equipment market in Malta amounted to $X in 2018, falling by -X% against the previous year. In general, fitness equipment consumption continues to indicate an abrupt deduction. The most prominent rate of growth was recorded in 2017 when the market value increased by X% year-to-year. Malta fitness equipment consumption peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Fitness Equipment Production in Malta

In value terms, fitness equipment production stood at $X in 2018 estimated in export prices. Overall, fitness equipment production continues to indicate an extraordinary expansion. The most prominent rate of growth was recorded in 2014 when production volume increased by X% year-to-year. Over the period under review, fitness equipment production reached its peak figure level in 2018 and is likely to continue its growth in the immediate term.

Fitness Equipment Exports

Exports from Malta

In 2018, the amount of gymnasium or athletics articles and equipment exported from Malta amounted to X tons, jumping by X% against the previous year. In general, fitness equipment exports continue to indicate an extraordinary increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. In that year, fitness equipment exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, fitness equipment exports amounted to $X in 2018. In general, fitness equipment exports continue to indicate an outstanding increase. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. Malta exports peaked in 2018 and are likely to see steady growth in the near future.

Exports by Country

China dominates fitness equipment exports structure, recording X tons, which was approx. X% of total exports in 2018. It was distantly followed by Taiwan, Chinese (X tons), generating a X% share of total exports. Belgium (X tons), the Netherlands (X tons), Italy (X tons), Spain (X tons), the U.S. (X tons), Germany (X tons) and France (X tons) held a minor share of total exports.

China experienced a relatively flat trend pattern of gymnasium or athletics articles and equipment exports. At the same time, Spain (+X%), the Netherlands (+X%), France (+X%), Italy (+X%), Germany (+X%) and Taiwan, Chinese (+X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Belgium experienced a relatively flat trend pattern. By contrast, the U.S. (-X%) illustrated a downward trend over the same period. China (+X p.p.), the Netherlands (+X p.p.) and Spain (+X p.p.) significantly strengthened its position in terms of the global exports, while the U.S. saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest fitness equipment supplier from Malta, comprising X% of global exports. The second position in the ranking was occupied by Taiwan, Chinese ($X), with a X% share of global exports. It was followed by the U.S., with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in China amounted to +X%. In the other countries, the average annual rates were as follows: Taiwan, Chinese (+X% per year) and the U.S. (+X% per year).

Export Prices by Country

In 2018, the fitness equipment export price in Malta amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the fitness equipment export price, however, continues to indicate a deep deduction. The most prominent rate of growth was recorded in 2011 when the export price increased by X% y-o-y. Over the period under review, the export prices for gymnasium or athletics articles and equipment attained their peak figure at $X per ton in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Fitness Equipment Imports

Imports into Malta

In 2018, approx. X tons of gymnasium or athletics articles and equipment were imported into Malta; going down by -X% against the previous year. Overall, fitness equipment imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Malta imports peaked at X tons in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, fitness equipment imports amounted to $X in 2018. Over the period under review, fitness equipment imports continue to indicate an abrupt drop. The pace of growth appeared the most rapid in 2017 when imports increased by X% y-o-y. In that year, fitness equipment imports attained their peak of $X, and then declined slightly in the following year.

Imports by Country

In 2018, the U.S. (X tons), distantly followed by Germany (X tons), the UK (X tons), France (X tons) and Spain (X tons) were the largest importers of gymnasium or athletics articles and equipment, together committing X% of total imports. The Netherlands (X tons), Japan (X tons), Belgium (X tons), Canada (X tons), Australia (X tons), Poland (X tons) and Italy (X tons) followed a long way behind the leaders.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, Poland (+X%), the Netherlands (+X%), Spain (+X%), Germany (+X%), Japan (+X%), France (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Italy and Belgium experienced a relatively flat trend pattern. By contrast, Australia (-X%) and the UK (-X%) illustrated a downward trend over the same period. While the share of Spain (+X p.p.), the Netherlands (+X p.p.), Germany (+X p.p.), the U.S. (+X p.p.) and Poland (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported gymnasium or athletics articles and equipment into Malta, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the UK (+X% per year).

Import Prices by Country

In 2018, the fitness equipment import price in Malta amounted to $X per ton, shrinking by -X% against the previous year. Overall, the import price indicated a prominent increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, fitness equipment import price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. Over the period under review, the import prices for gymnasium or athletics articles and equipment reached their peak figure at $X per ton in 2017, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the U.S. ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform