Belgium: Table-Tennis Equipment Market 2024

Table-Tennis Equipment Market Size in Belgium

The Belgian table-tennis equipment market shrank remarkably to $X in 2022, with a decrease of -70.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then dropped sharply in the following year.

Table-Tennis Equipment Exports

Exports from Belgium

In 2022, overseas shipments of articles and equipment for table-tennis decreased by -89.5% to X tons, falling for the second year in a row after four years of growth. Overall, exports saw a sharp descent. The pace of growth appeared the most rapid in 2020 with an increase of 3,137% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, table-tennis equipment exports fell remarkably to $X in 2022. Over the period under review, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 1,917% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then shrank sharply in the following year.

Exports by Country

France (X tons), the United States (X tons) and the Netherlands (X tons) were the main destinations of table-tennis equipment exports from Belgium, together comprising 72% of total exports. Hong Kong SAR, Germany, the UK, China, Italy and Spain lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong SAR (with a CAGR of +26.4%), while the other leaders experienced mixed trend patterns.

In value terms, Hong Kong SAR ($X), the United States ($X) and France ($X) constituted the largest markets for table-tennis equipment exported from Belgium worldwide, with a combined 55% share of total exports.

Among the main countries of destination, Hong Kong SAR, with a CAGR of +17.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average table-tennis equipment export price amounted to $X per ton, dropping by -9.6% against the previous year. Overall, the export price, however, saw a strong increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 165% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to France ($X 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 Italy (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Table-Tennis Equipment Imports

Imports into Belgium

In 2022, after two years of growth, there was significant decline in overseas purchases of articles and equipment for table-tennis, when their volume decreased by -65.8% to X tons. In general, imports recorded a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 520% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then fell notably in the following year.

In value terms, table-tennis equipment imports fell rapidly to $X in 2022. Overall, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 296%. Over the period under review, imports attained the maximum at $X in 2021, and then reduced remarkably in the following year.

Imports by Country

Poland (X tons), China (X tons) and Portugal (X tons) were the main suppliers of table-tennis equipment imports to Belgium, together comprising 77% of total imports.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +81.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest table-tennis equipment suppliers to Belgium were China ($X), Poland ($X) and Portugal ($X), together comprising 71% of total imports.

Portugal, with a CAGR of +69.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average table-tennis equipment import price amounted to $X per ton, rising by 11% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 35%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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