HS Code:
Adjustable-weight fitness dumbbells, ranging from 2 kg to 30 kg, with wireless data exchange capabilities, feature a rotating single handle grip that interlocks disks with weight plates, supported by a fitted plastic base. This category, provided for in subheading 9506.91.00 of the Harmonized System (HS) Code, includes products whether or not packaged with units lacking wireless capabilities. These smart dumbbells cater to the growing demand for connected fitness equipment, integrating technology to track workouts and provide user feedback.
Total Trade Volume
USD 250 million
Data from 2022
Source
International Trade Centre (ITC) Trade Map
USD 120 million
48% of total trade of total trade
Increasing
USD 50 million
20% of total trade of total trade
Stable
USD 30 million
12% of total trade of total trade
Increasing
USD 25 million
10% of total trade of total trade
Increasing
USD 15 million
6% of total trade of total trade
Stable
Average Rate
4.5% ad valorem
Highest Rate
8% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like USMCA and EU trade deals)
Rising demand for smart fitness equipment
Increased adoption of connected devices in home gyms drives trade volume, especially in North America and Europe.
2021-2023
Technological integration with fitness apps
Products with wireless data exchange are seeing higher demand as consumers prioritize workout tracking and personalized fitness plans.
2022-2023
Shift to home fitness post-COVID-19
Sustained growth in imports of adjustable dumbbells as consumers continue to invest in home workout solutions.
2020-2023
The European Union introduced updated safety and cybersecurity regulations for fitness equipment with wireless capabilities, requiring manufacturers to comply with stricter data protection standards.
June 2023
Potential increase in production costs for exporters to the EU, but improved consumer trust in product safety.
Ongoing trade disputes have led to fluctuating tariffs on Chinese-made fitness equipment, including smart dumbbells, affecting pricing in the US market.
March 2023
Possible price increases for US consumers and diversification of supply chains to other countries like Taiwan and South Korea.
Major fitness equipment brands unveiled new models of adjustable dumbbells with enhanced AI features for personalized workout guidance at the 2023 Consumer Electronics Show (CES).
January 2023
Expected to boost market demand and trade volume as innovation attracts tech-savvy consumers.