Europe: Table-Tennis Equipment Market 2024

Table-Tennis Equipment Market Size in Europe

In 2022, after five years of growth, there was significant decline in the Europe table-tennis equipment market, when its value decreased by -35.2% to $X. Overall, consumption, however, showed a moderate increase. The level of consumption peaked at $X in 2021, and then reduced remarkably in the following year.

Table-Tennis Equipment Production in Europe

In value terms, table-tennis equipment production rose remarkably to $X in 2022 estimated in export price. In general, production, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by 30%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Table-Tennis Equipment Exports

Exports in Europe

After three years of growth, shipments abroad of articles and equipment for table-tennis decreased by -26.3% to X tons in 2022. Total exports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 34%. The volume of export peaked at X tons in 2021, and then dropped markedly in the following year.

In value terms, table-tennis equipment exports dropped significantly to $X in 2022. Total exports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 27%. Over the period under review, the exports hit record highs at $X in 2021, and then declined significantly in the following year.

Exports by Country

Germany (X tons), France (X tons), Portugal (X tons) and Italy (X tons) represented roughly 72% of total exports in 2022. It was distantly followed by Spain (X tons) and the Netherlands (X tons), together making up a 16% share of total exports. Poland (X tons) took a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +32.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest table-tennis equipment supplying countries in Europe were Germany ($X), France ($X) and Portugal ($X), with a combined 57% share of total exports. Spain, Poland, Italy and the Netherlands lagged somewhat behind, together accounting for a further 25%.

Poland, with a CAGR of +35.5%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, growing by 3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2021 when the export price increased by 16% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.5%), while the other leaders experienced more modest paces of growth.

Table-Tennis Equipment Imports

Imports in Europe

In 2022, after three years of growth, there was significant decline in supplies from abroad of articles and equipment for table-tennis, when their volume decreased by -30.4% to X tons. Total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 39%. The volume of import peaked at X tons in 2021, and then dropped notably in the following year.

In value terms, table-tennis equipment imports fell to $X in 2022. Total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.6% against 2016 indices. The pace of growth appeared the most rapid in 2020 with an increase of 31%. Over the period under review, imports reached the peak figure at $X in 2021, and then reduced in the following year.

Imports by Country

The countries with the highest levels of table-tennis equipment imports in 2022 were France (X tons), Spain (X tons), Germany (X tons) and the UK (X tons), together reaching 50% of total import. Italy (X tons) held the next position in the ranking, followed by Poland (X tons). All these countries together took near 11% share of total imports. The following importers - the Czech Republic (X tons), Russia (X tons), Switzerland (X tons), Sweden (X tons), Belgium (X tons), the Netherlands (X tons) and Romania (X tons) - together made up 22% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Germany (with a CAGR of +9.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Spain ($X) were the countries with the highest levels of imports in 2022, with a combined 43% share of total imports. The UK, Poland, the Czech Republic, Italy, Russia, Sweden, Switzerland, Belgium, the Netherlands and Romania lagged somewhat behind, together comprising a further 37%.

The Czech Republic, with a CAGR of +14.9%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, jumping by 23% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform