Russian Federation: Table-Tennis Equipment Market 2024

Table-Tennis Equipment Market Size in the Russian Federation

In 2022, after two years of growth, there was significant decline in the Russian table-tennis equipment market, when its value decreased by -94.4% to $X. Over the period under review, consumption faced a abrupt setback. Over the period under review, the market attained the maximum level at $X in 2021, and then contracted remarkably in the following year.

Table-Tennis Equipment Exports

Exports from the Russian Federation

In 2022, after four years of growth, there was significant decline in overseas shipments of articles and equipment for table-tennis, when their volume decreased by -6.1% to X tons. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2019 when exports increased by 161% against the previous year. The exports peaked at X tons in 2021, and then reduced in the following year.

In value terms, table-tennis equipment exports shrank to $X in 2022. In general, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2019 when exports increased by 72% against the previous year. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

Kazakhstan (X tons), Kyrgyzstan (X tons) and Belarus (X tons) were the main destinations of table-tennis equipment exports from Russia, together accounting for 92% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kyrgyzstan (with a CAGR of +115.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for table-tennis equipment exported from Russia were Kazakhstan ($X), Belarus ($X) and Kyrgyzstan ($X), together accounting for 89% of total exports. Armenia, Georgia and Ukraine lagged somewhat behind, together accounting for a further 11%.

Among the main countries of destination, Armenia, with a CAGR of +71.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average table-tennis equipment export price stood at $X per ton in 2022, dropping by -5.6% against the previous year. Overall, the export price recorded a noticeable downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by 15%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Kyrgyzstan ($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 Ukraine (+11.8%), while the prices for the other major destinations experienced a decline.

Table-Tennis Equipment Imports

Imports into the Russian Federation

In 2022, table-tennis equipment imports into Russia dropped modestly to X tons, almost unchanged from 2021. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2019 when imports increased by 37% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, table-tennis equipment imports shrank slightly to $X in 2022. Overall, imports continue to indicate a noticeable contraction. The growth pace was the most rapid in 2019 when imports increased by 36% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest table-tennis equipment supplier to Russia, accounting for a 86% share of total imports. Moreover, table-tennis equipment imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (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: Hong Kong SAR (+79.4% per year) and Germany (-21.6% per year).

In value terms, China ($X) constituted the largest supplier of articles and equipment for table-tennis to Russia, comprising 79% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 12% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+92.8% per year) and Germany (-25.1% per year).

Import Prices by Country

The average table-tennis equipment import price stood at $X per ton in 2022, waning by -3.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 20%. The import price peaked at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while the price for Germany ($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 (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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