Report Update: May 1, 2024

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

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Price for Gym and Fitness Equipment in Denmark - 2023

Price for Gym and Fitness Equipment in Denmark (CIF) - 2023

In July 2023, the average gym and fitness equipment import price amounted to $6,236 per ton, reducing by -13.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in May 2023 when the average import price increased by 25% month-to-month. The import price peaked at $8,604 per ton in November 2022; however, from December 2022 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($16,921 per ton), while the price for China ($3,219 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Gym and Fitness Equipment in Denmark (FOB) - 2022

In 2022, the average gym and fitness equipment export price amounted to $10,048 per ton, increasing by 2.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 11% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($17,412 per ton), while the average price for exports to Faroe Islands ($6,279 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 Poland (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gym and Fitness Equipment in Denmark

After three years of growth, purchases abroad of gym and fitness equipment decreased by -42.5% to 15K tons in 2022. Over the period under review, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 59%. As a result, imports attained the peak of 26K tons, and then contracted notably in the following year.

In value terms, gym and fitness equipment imports dropped markedly to $95M in 2022. In general, imports, however, saw a temperate increase. The pace of growth appeared the most rapid in 2021 with an increase of 67% against the previous year. As a result, imports attained the peak of $172M, and then declined remarkably in the following year.

Import of Gym and Fitness Equipment in Denmark (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	21.8	33.7	60.4	29.9	11.1%
Netherlands	12.4	18.7	42.7	16.2	9.3%
Germany	11.9	13.6	18.0	13.9	5.3%
Italy	8.9	7.4	10.8	6.3	-10.9%
Taiwan (Chinese)	4.5	3.8	7.3	5.0	3.6%
Sweden	7.0	7.8	12.6	5.0	-10.6%
Poland	3.5	3.6	3.8	4.4	7.9%
Spain	1.2	2.2	6.1	3.4	41.5%
Others	13.3	12.2	9.9	10.7	-7.0%
Total	84.5	103	172	94.9	3.9%

Top Suppliers of Gym and Fitness Equipment to Denmark in 2022:

China (8.1K tons)
Netherlands (1.9K tons)
Germany (1.1K tons)
Spain (1.1K tons)
Italy (0.6K tons)
Poland (0.6K tons)
Sweden (0.5K tons)
Taiwan (Chinese) (0.4K tons)

Exports of Gym and Fitness Equipment in Denmark

In 2022, after three years of growth, there was decline in shipments abroad of gym and fitness equipment, when their volume decreased by -3.8% to 4.6K tons. The total export volume increased at an average annual rate of +9.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of 4.8K tons, and then shrank modestly in the following year.

In value terms, gym and fitness equipment exports contracted modestly to $46M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.9% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 42% against the previous year. As a result, the exports reached the peak of $47M, and then reduced in the following year.

Export of Gym and Fitness Equipment in Denmark (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	8.6	8.8	13.3	12.7	13.9%
Germany	2.5	3.2	3.0	6.5	37.5%
Norway	6.5	7.3	8.4	6.0	-2.6%
Netherlands	2.2	2.5	4.5	4.3	25.0%
France	1.9	1.4	2.0	2.6	11.0%
Finland	0.8	1.2	1.6	1.9	33.4%
Poland	0.7	0.7	0.7	1.6	31.7%
United Kingdom	0.6	1.1	1.3	0.8	10.1%
Faroe Islands	0.6	1.2	1.2	0.6	0.0%
Iceland	1.4	1.0	0.4	0.6	-24.6%
Others	5.2	4.6	10.3	8.6	18.3%
Total	31.0	33.1	46.9	46.2	14.2%

Top Export Markets for Gym and Fitness Equipment from Denmark in 2022:

Sweden (1811.0 tons)
Norway (562.3 tons)
Germany (500.0 tons)
Netherlands (257.8 tons)
Finland (181.0 tons)
France (179.6 tons)
Poland (148.7 tons)
Faroe Islands (101.9 tons)
Iceland (86.7 tons)
United Kingdom (45.1 tons)

Source: IndexBox Market Intelligence Platform

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

Denmark

Data coverage:

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