China: Billiard Accessoires Market 2024

Billiard Accessoires Market Size in China

The Chinese billiard accessoires market surged to $X in 2022, increasing by 24% against the previous year. Over the period under review, consumption, however, recorded a mild decrease. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Billiard Accessoires Production in China

In value terms, billiard accessoires production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 25% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Billiard Accessoires Exports

Exports from China

After two years of growth, overseas shipments of articles and accessories for billiards decreased by -9% to X tons in 2022. In general, total exports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.1% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 36% against the previous year. As a result, the exports attained the peak of X tons, and then contracted in the following year.

In value terms, billiard accessoires exports fell slightly to $X in 2022. Over the period under review, exports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by 39% against the previous year. As a result, the exports attained the peak of $X, and then fell slightly in the following year.

Exports by Country

The United States (X tons) was the main destination for billiard accessoires exports from China, accounting for a 36% share of total exports. Moreover, billiard accessoires exports to the United States exceeded the volume sent to the second major destination, the UK (X tons), sixfold. Vietnam (X tons) ranked third in terms of total exports with a 5.7% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+5.6% per year) and Vietnam (+37.5% per year).

In value terms, the United States ($X) remains the key foreign market for articles and accessories for billiards exports from China, comprising 35% of total exports. The second position in the ranking was taken by the UK ($X), with a 7% share of total exports. It was followed by Vietnam, with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +11.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+6.9% per year) and Vietnam (+42.2% per year).

Export Prices by Country

In 2022, the average billiard accessoires export price amounted to $X per ton, increasing by 7.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. The most prominent rate of growth was recorded in 2019 an increase of 29%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to France ($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 the United Arab Emirates (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Billiard Accessoires Imports

Imports into China

In 2022, approx. X tons of articles and accessories for billiards were imported into China; jumping by 29% compared with the previous year's figure. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 130% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, billiard accessoires imports surged to $X in 2022. Overall, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), South Korea (X tons) and the United States (X tons) were the main suppliers of billiard accessoires imports to China, with a combined 64% share of total imports. Canada, the UK, Malaysia, Brazil and Vietnam lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +92.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of articles and accessories for billiards to China, comprising 47% of total imports. The second position in the ranking was taken by South Korea ($X), with an 11% share of total imports. It was followed by the United States, with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium totaled +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+67.0% per year) and the United States (+10.4% per year).

Import Prices by Country

In 2022, the average billiard accessoires import price amounted to $X per ton, jumping by 32% against the previous year. Overall, the import price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 76% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood 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 Brazil ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+20.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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