Brazil: Table-Tennis Equipment Market 2024

Table-Tennis Equipment Market Size in Brazil

In 2022, the Brazilian table-tennis equipment market decreased by -97.2% to $X for the first time since 2016, thus ending a five-year rising trend. Over the period under review, consumption continues to indicate a sharp curtailment. Table-tennis equipment consumption peaked at $X in 2021, and then dropped dramatically in the following year.

Table-Tennis Equipment Exports

Exports from Brazil

In 2022, overseas shipments of articles and equipment for table-tennis decreased by -91.7% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, exports, however, posted a temperate expansion. The most prominent rate of growth was recorded in 2020 with an increase of 5,210%. The exports peaked at X tons in 2021, and then reduced dramatically in the following year.

In value terms, table-tennis equipment exports shrank notably to $X in 2022. Overall, exports, however, recorded a slight expansion. The pace of growth was the most pronounced in 2020 when exports increased by 508%. Over the period under review, the exports hit record highs at $X in 2021, and then fell markedly in the following year.

Exports by Country

Uruguay (X tons) was the main destination for table-tennis equipment exports from Brazil, accounting for a 78% share of total exports. Moreover, table-tennis equipment exports to Uruguay exceeded the volume sent to the second major destination, Paraguay (X kg), tenfold. Marshall Islands (X kg) ranked third in terms of total exports with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uruguay amounted to +136.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+2.4% per year) and Marshall Islands (+215.8% per year).

In value terms, Uruguay ($X) emerged as the key foreign market for articles and equipment for table-tennis exports from Brazil, comprising 67% of total exports. The second position in the ranking was held by Paraguay ($X), with a 15% share of total exports. It was followed by Marshall Islands, with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Uruguay stood at +119.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+6.8% per year) and Marshall Islands (+67.5% per year).

Export Prices by Country

The average table-tennis equipment export price stood at $X per ton in 2022, rising by 348% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Liberia ($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 Argentina (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.

Table-Tennis Equipment Imports

Imports into Brazil

After four years of decline, purchases abroad of articles and equipment for table-tennis increased by 64% to X tons in 2022. Overall, imports, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 92%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, table-tennis equipment imports skyrocketed to $X in 2022. In general, imports recorded a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of table-tennis equipment to Brazil, accounting for a 71% share of total imports. Moreover, table-tennis equipment imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X tons), fivefold. The third position in this ranking was taken by Portugal (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+2.6% per year) and Portugal (+31.7% per year).

In value terms, China ($X) constituted the largest supplier of articles and equipment for table-tennis to Brazil, comprising 76% of total imports. The second position in the ranking was held by Portugal ($X), with a 12% share of total imports. It was followed by Hong Kong SAR, with a 5.1% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+43.6% per year) and Hong Kong SAR (-4.7% per year).

Import Prices by Country

The average table-tennis equipment import price stood at $X per ton in 2022, picking up by 36% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. Over the period under review, average import prices hit record highs at $X per ton in 2013; afterwards, it flattened through to 2022.

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 China ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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