U.S. Gym and Fitness Equipment Price Shrinks 5% to $2,755 per Ton
U.S. Gym and Fitness Equipment Import Price in April 2023
In April 2023, the gym and fitness equipment price amounted to $2,755 per ton (CIF, US), shrinking by -5% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 9.3% m-o-m. As a result, import price attained the peak level of $3,482 per ton. From December 2022 to April 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($5,191 per ton), while the price for China amounted to $2,381 per ton.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.3%).
U.S. Gym and Fitness Equipment Imports
In April 2023, overseas purchases of gym and fitness equipment were finally on the rise to reach 62K tons after two months of decline. Overall, imports, however, showed a slight slump.
In value terms, gym and fitness equipment imports surged to $172M (IndexBox estimates) in April 2023. Over the period under review, imports, however, showed a perceptible decrease.
U.S. Gym and Fitness Equipment Imports by Country
In April 2023, China (53K tons) constituted the largest gym and fitness equipment supplier to the United States, accounting for a 84% share of total imports. Moreover, gym and fitness equipment imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (4.9K tons), more than tenfold.
From April 2022 to April 2023, the average monthly rate of growth in terms of volume from China stood at -1.3%.
In value terms, China ($126M) constituted the largest supplier of gym and fitness equipment to the United States, comprising 73% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($26M), with a 15% share of total imports.
From April 2022 to April 2023, the average monthly growth rate of value from China totaled -2.3%.
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