Scandinavia: Table-Tennis Equipment Market 2024

Table-Tennis Equipment Exports

Exports in Scandinavia

For the third year in a row, Scandinavia recorded decline in overseas shipments of articles and equipment for table-tennis, which decreased by -9.3% to X tons in 2022. Overall, exports showed a perceptible slump. The pace of growth was the most pronounced in 2019 with an increase of 51% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, table-tennis equipment exports totaled $X in 2022. The total export value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Sweden dominates exports structure, recording X tons, which was approx. 90% of total exports in 2022. It was distantly followed by Norway (X tons), creating a 6.7% share of total exports. Finland (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to table-tennis equipment exports from Sweden stood at -2.9%. At the same time, Norway (+10.3%) and Finland (+4.4%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +10.3% from 2012-2022. Norway (+4.7 p.p.) significantly strengthened its position in terms of the total exports, while Sweden saw its share reduced by -6.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest table-tennis equipment supplier in Scandinavia, comprising 97% of total exports. The second position in the ranking was taken by Norway ($X), with a 1.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Sweden stood at +1.8%. In the other countries, the average annual rates were as follows: Norway (+7.6% per year) and Finland (+21.8% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, with an increase of 19% against the previous year. Export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.4% 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 increased by +107.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the export price increased by 59% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+16.7%), while the other leaders experienced mixed trends in the export price figures.

Table-Tennis Equipment Imports

Imports in Scandinavia

After three years of growth, supplies from abroad of articles and equipment for table-tennis decreased by -1% to X tons in 2022. The total import volume increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 28%. Over the period under review, imports attained the maximum at X tons in 2021, and then fell modestly in the following year.

In value terms, table-tennis equipment imports expanded to $X in 2022. Total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.3% 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 +80.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 49% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

Sweden was the major importer of articles and equipment for table-tennis in Scandinavia, with the volume of imports resulting at X tons, which was approx. 63% of total imports in 2022. Norway (X tons) took a 24% share (based on physical terms) of total imports, which put it in second place, followed by Finland (13%).

Sweden experienced a relatively flat trend pattern with regard to volume of imports of articles and equipment for table-tennis. At the same time, Finland (+8.8%) and Norway (+2.0%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +8.8% from 2012-2022. While the share of Finland (+6.5 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Sweden (-7.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) constitutes the largest market for imported articles and equipment for table-tennis in Scandinavia, comprising 66% of total imports. The second position in the ranking was taken by Norway ($X), with a 23% share of total imports.

In Sweden, table-tennis equipment imports increased at an average annual rate of +3.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Norway (+4.1% per year) and Finland (+8.2% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2022, surging by 5% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2017 when the import price increased by 17% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+3.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform