Australia and Oceania: Market for Gym and Fitness Equipment 2024

Market Size for Gym and Fitness Equipment in Australia and Oceania

In 2022, after three years of growth, there was significant decline in the gym and fitness equipment market in Australia and Oceania, when its value decreased by X% to $X. The total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. Over the period under review, the market hit record highs at $X in 2021, and then shrank sharply in the following year.

Production of Gym and Fitness Equipment in Australia and Oceania

In value terms, gym and fitness equipment production soared to $X in 2022 estimated in export price. Over the period under review, production, however, showed a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of production peaked in 2022 and is expected to retain growth in the near future.

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Exports of Gym and Fitness Equipment

Exports in Australia and Oceania

In 2022, after three years of growth, there was significant decline in shipments abroad of gym and fitness equipment, when their volume decreased by X% to X tons. Total exports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then declined rapidly in the following year.

In value terms, gym and fitness equipment exports expanded notably to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Australia dominates exports structure, resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by New Zealand (X tons), mixing up a X% share of total exports.

Australia was also the fastest-growing in terms of the gym and fitness equipment exports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest gym and fitness equipment supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.

In Australia, gym and fitness equipment exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Imports of Gym and Fitness Equipment

Imports in Australia and Oceania

After three years of growth, supplies from abroad of gym and fitness equipment decreased by X% to X tons in 2022. Overall, imports saw a noticeable decline. The most prominent rate of growth was recorded in 2020 when imports increased by X%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, gym and fitness equipment imports dropped sharply to $X in 2022. Over the period under review, imports, however, showed a measured expansion. The pace of growth was the most pronounced in 2020 when imports increased by X%. The level of import peaked at $X in 2021, and then reduced markedly in the following year.

Imports by Country

In 2022, Australia (X tons) represented the key importer of gym and fitness equipment, comprising X% of total imports. It was distantly followed by New Zealand (X tons), making up a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to gym and fitness equipment imports into Australia stood at X%. At the same time, New Zealand (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. New Zealand (X p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Australia ($X) constitutes the largest market for imported gym and fitness equipment in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

In Australia, gym and fitness equipment imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price posted a strong increase. The pace of growth appeared the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2018; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Source: IndexBox Platform

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