Japan: Table-Tennis Equipment Market 2024

Table-Tennis Equipment Market Size in Japan

In 2022, the Japanese table-tennis equipment market decreased by -92.2% to $X for the first time since 2017, thus ending a four-year rising trend. Over the period under review, consumption continues to indicate a abrupt contraction. Over the period under review, the market hit record highs at $X in 2021, and then fell remarkably in the following year.

Table-Tennis Equipment Exports

Exports from Japan

Table-tennis equipment exports from Japan soared to X tons in 2022, surging by 22% on the previous year. Overall, total exports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +4.9% 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 +63.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 34% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, table-tennis equipment exports amounted to $X in 2022. In general, total exports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.8% 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 +73.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 55% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

China (X tons) was the main destination for table-tennis equipment exports from Japan, with a 57% share of total exports. Moreover, table-tennis equipment exports to China exceeded the volume sent to the second major destination, Germany (X tons), fivefold. The third position in this ranking was taken by South Korea (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to China totaled +7.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+3.7% per year) and South Korea (+1.8% per year).

In value terms, China ($X) remains the key foreign market for articles and equipment for table-tennis exports from Japan, comprising 61% of total exports. The second position in the ranking was held by South Korea ($X), with a 10% share of total exports. It was followed by Germany, with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to +8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+0.3% per year) and Germany (+2.1% per year).

Export Prices by Country

In 2022, the average table-tennis equipment export price amounted to $X per ton, falling by -8.4% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 19% against the previous year. The export price peaked at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Australia ($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 Taiwan (Chinese) (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Table-Tennis Equipment Imports

Imports into Japan

In 2022, supplies from abroad of articles and equipment for table-tennis increased by 5% to X tons for the first time since 2017, thus ending a four-year declining trend. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 21%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, table-tennis equipment imports reached $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) was the main table-tennis equipment supplier to Japan, with a 91% share of total imports. Moreover, table-tennis equipment imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.0% per year) and Spain (-30.3% per year).

In value terms, Germany ($X), China ($X) and Spain ($X) constituted the largest table-tennis equipment suppliers to Japan, together comprising 93% of total imports.

In terms of the main suppliers, Germany, with a CAGR of +1.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average table-tennis equipment import price amounted to $X per ton, increasing by 9.5% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 21% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($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 (+26.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :