Denmark: Table-Tennis Equipment Market 2024

Table-Tennis Equipment Market Size in Denmark

The Danish table-tennis equipment market contracted sharply to $X in 2022, dropping by -19.5% 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). Over the period under review, consumption continues to indicate a slight contraction. Table-tennis equipment consumption peaked at $X in 2021, and then reduced notably in the following year.

Table-Tennis Equipment Exports

Exports from Denmark

After three years of growth, overseas shipments of articles and equipment for table-tennis decreased by -13.8% to X tons in 2022. Overall, exports, however, showed a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of 98% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then fell in the following year.

In value terms, table-tennis equipment exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded resilient growth. The growth pace was the most rapid in 2015 when exports increased by 43% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Sweden (X tons) was the main destination for table-tennis equipment exports from Denmark, with a 75% share of total exports. Moreover, table-tennis equipment exports to Sweden exceeded the volume sent to the second major destination, Norway (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Sweden totaled +18.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+15.2% per year) and Finland (+11.3% per year).

In value terms, Sweden ($X) remains the key foreign market for articles and equipment for table-tennis exports from Denmark, comprising 61% of total exports. The second position in the ranking was held by Norway ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden stood at +15.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+14.0% per year) and Finland (+11.9% per year).

Export Prices by Country

The average table-tennis equipment export price stood at $X per ton in 2022, jumping by 45% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible downturn. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Sweden ($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 Finland (+0.5%), while the prices for the other major destinations experienced a decline.

Table-Tennis Equipment Imports

Imports into Denmark

In 2022, approx. X tons of articles and equipment for table-tennis were imported into Denmark; dropping by -17.5% compared with 2021 figures. In general, imports, however, showed a slight expansion. The pace of growth was the most pronounced in 2016 with an increase of 48% against the previous year. Imports peaked at X tons in 2021, and then shrank significantly in the following year.

In value terms, table-tennis equipment imports shrank remarkably to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 79%. Imports peaked at $X in 2021, and then contracted remarkably in the following year.

Imports by Country

Germany (X tons), Poland (X tons) and China (X tons) were the main suppliers of table-tennis equipment imports to Denmark, together accounting for 76% of total imports. France, Sweden, Ukraine and Hungary lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +41.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest table-tennis equipment suppliers to Denmark were China ($X), Germany ($X) and France ($X), with a combined 64% share of total imports. Poland, Sweden, Hungary and Ukraine lagged somewhat behind, together comprising a further 29%.

Among the main suppliers, Hungary, with a CAGR of +45.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average table-tennis equipment import price stood at $X per ton in 2022, falling by -2.1% against the previous year. In general, the import price saw a mild descent. The pace of growth appeared the most rapid in 2018 when the average import price increased by 24% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Sweden ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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