Report Update Nov 1, 2024

Nigeria - Articles and Equipment for Table-Tennis - Market Analysis, Forecast, Size, Trends and Insights

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Nigeria: Table-Tennis Equipment Market 2024

Table-Tennis Equipment Market Size in Nigeria

The Nigerien table-tennis equipment market surged to $X in 2022, jumping by 123% 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). Overall, consumption continues to indicate a pronounced increase. 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 Nigeria

After two years of growth, shipments abroad of articles and equipment for table-tennis decreased by -45.1% to X kg in 2022. In general, exports showed a noticeable slump. The pace of growth was the most pronounced in 2021 when exports increased by 708%. As a result, the exports reached the peak of X kg, and then reduced rapidly in the following year.

In value terms, table-tennis equipment exports declined markedly to $X in 2022. Over the period under review, exports saw a deep setback. The pace of growth appeared the most rapid in 2016 with an increase of 481%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Ghana (X kg) was the main destination for table-tennis equipment exports from Nigeria, with a 93% share of total exports. Moreover, table-tennis equipment exports to Ghana exceeded the volume sent to the second major destination, Benin (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Ghana stood at -2.2%.

In value terms, Ghana ($X) remains the key foreign market for articles and equipment for table-tennis exports from Nigeria, comprising 99% of total exports. The second position in the ranking was held by Benin ($X), with a 0.9% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Ghana totaled -6.2%.

Export Prices by Country

In 2022, the average table-tennis equipment export price amounted to $X per ton, rising by 6.8% against the previous year. Over the period under review, the export price, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2015 an increase of 42% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($X per ton), while the average price for exports to Benin stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+55.2%), while the prices for the other major destinations experienced a decline.

Table-Tennis Equipment Imports

Imports into Nigeria

In 2022, the amount of articles and equipment for table-tennis imported into Nigeria skyrocketed to X tons, rising by 154% compared with 2021. In general, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 297% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, table-tennis equipment imports skyrocketed to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 234% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main table-tennis equipment supplier to Nigeria, with a 97% share of total imports. It was followed by Germany (X tons), with a 1% share of total imports. Hong Kong SAR (X kg) ranked third in terms of total imports with a 0.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-10.3% per year) and Hong Kong SAR (-24.1% per year).

In value terms, China ($X) constituted the largest supplier of articles and equipment for table-tennis to Nigeria, comprising 92% of total imports. The second position in the ranking was held by Germany ($X), with a 1.9% share of total imports. It was followed by Hong Kong SAR, with a 0.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-12.1% per year) and Hong Kong SAR (-22.8% per year).

Import Prices by Country

The average table-tennis equipment import price stood at $X per ton in 2022, with a decrease of -30.9% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The pace of growth was the most pronounced in 2013 when the average import price increased by 84%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for articles and equipment for table-tennis in the world?

The countries with the highest volumes of table-tennis equipment consumption in 2021 were China, the United States and India, with a combined 40% share of global consumption. Japan, Germany, Pakistan, Brazil, the UK, Russia, France, Mexico, South Korea and Saudi Arabia lagged somewhat behind, together accounting for a further 36%.

What are the largest producers of articles and equipment for table-tennis in the world?

China constituted the country with the largest volume of table-tennis equipment production, comprising approx. 42% of total volume. Moreover, table-tennis equipment production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was occupied by Germany, with a 6.9% share.

What are the leading suppliers of articles and equipment for table-tennis to Nigeria?

In value terms, China constituted the largest supplier of table-tennis equipment to Nigeria, comprising 78% of total imports. The second position in the ranking was occupied by Germany, with an 8.6% share of total imports.

What are the leading importers of articles and equipment for table-tennis from Nigeria?

In value terms, Ghana $117), Ukraine $75) and Benin $8) appeared to be the largest markets for table-tennis equipment exported from Nigeria worldwide.

What is the average export price for articles and equipment for table-tennis in Nigeria?

The average table-tennis equipment export price stood at $3,922 per ton in 2021, surging by 5.2% against the previous year.

What is the average import price for articles and equipment for table-tennis in Nigeria?

In 2021, the average table-tennis equipment import price amounted to $998 per ton, declining by -4.4% against the previous year.

This report provides an in-depth analysis of the table-tennis equipment market in Nigeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32301550 - Articles and equipment for table-tennis (including bats, balls and nets)

Country coverage:

Nigeria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Nigeria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023