Malaysia: Table-Tennis Equipment Market 2024

Table-Tennis Equipment Market Size in Malaysia

After two years of growth, the Malaysian table-tennis equipment market decreased by -16.2% to $X in 2022. Over the period under review, consumption, however, recorded perceptible growth. Table-tennis equipment consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Table-Tennis Equipment Exports

Exports from Malaysia

In 2022, the amount of articles and equipment for table-tennis exported from Malaysia dropped to X tons, falling by -8.1% against the previous year. In general, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of 95% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, table-tennis equipment exports fell to $X in 2022. Over the period under review, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of 117%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for table-tennis equipment exports from Malaysia, accounting for a 54% share of total exports. Moreover, table-tennis equipment exports to the Netherlands exceeded the volume sent to the second major destination, Indonesia (X tons), threefold. Singapore (X tons) ranked third in terms of total exports with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands totaled +79.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (-15.6% per year) and Singapore (-14.5% per year).

In value terms, the Netherlands ($X) remains the key foreign market for articles and equipment for table-tennis exports from Malaysia, comprising 21% of total exports. The second position in the ranking was taken by Indonesia ($X), with an 8.4% share of total exports. It was followed by Singapore, with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands totaled +20.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (-15.1% per year) and Singapore (-7.8% per year).

Export Prices by Country

The average table-tennis equipment export price stood at $X per ton in 2022, with a decrease of -4.4% against the previous year. Over the period under review, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, table-tennis equipment export price decreased by -16.7% against 2020 indices. The pace of growth was the most pronounced in 2015 an increase of 33% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Sri Lanka ($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 India (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Table-Tennis Equipment Imports

Imports into Malaysia

After two years of growth, purchases abroad of articles and equipment for table-tennis decreased by -14.1% to X tons in 2022. In general, imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2020 when imports increased by 140%. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, table-tennis equipment imports fell remarkably to $X in 2022. Over the period under review, imports, however, showed a measured increase. The pace of growth was the most pronounced in 2020 when imports increased by 90% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then shrank rapidly in the following year.

Imports by Country

In 2022, China (X tons) was the main table-tennis equipment supplier to Malaysia, with a 96% share of total imports. It was followed by Hong Kong SAR (X tons), with a 0.5% share of total imports.

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: Hong Kong SAR (-20.1% per year) and Japan (-31.2% per year).

In value terms, China ($X) constituted the largest supplier of articles and equipment for table-tennis to Malaysia, comprising 83% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 2.6% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-12.3% per year) and Japan (-16.6% per year).

Import Prices by Country

The average table-tennis equipment import price stood at $X per ton in 2022, dropping by -2.5% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, table-tennis equipment import price decreased by -17.4% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of 42%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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