Spain: Table-Tennis Equipment Market 2024

Table-Tennis Equipment Market Size in Spain

The Spanish table-tennis equipment market contracted markedly to $X in 2022, with a decrease of -20.3% against the previous year. In general, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +7.5% against 2020 indices. Table-tennis equipment consumption peaked at $X in 2021, and then contracted dramatically in the following year.

Table-Tennis Equipment Production in Spain

In value terms, table-tennis equipment production skyrocketed to $X in 2022 estimated in export price. Overall, production recorded a deep reduction. Table-tennis equipment production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Table-Tennis Equipment Exports

Exports from Spain

After three years of growth, overseas shipments of articles and equipment for table-tennis decreased by -46.5% to X tons in 2022. Overall, exports, however, posted a pronounced expansion. The pace of growth was the most pronounced in 2015 with an increase of 95%. The exports peaked at X tons in 2021, and then shrank sharply in the following year.

In value terms, table-tennis equipment exports declined rapidly to $X in 2022. In general, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 139%. The exports peaked at $X in 2021, and then contracted significantly in the following year.

Exports by Country

France (X tons) was the main destination for table-tennis equipment exports from Spain, with a 55% share of total exports. Moreover, table-tennis equipment exports to France exceeded the volume sent to the second major destination, Italy (X tons), fourfold. Hungary (X tons) ranked third in terms of total exports with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at +10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+10.3% per year) and Hungary (+25.8% per year).

In value terms, France ($X) remains the key foreign market for articles and equipment for table-tennis exports from Spain, comprising 50% of total exports. The second position in the ranking was held by Italy ($X), with a 14% share of total exports. It was followed by Germany, with a 7.6% share.

From 2012 to 2022, the average annual growth rate of value to France stood at +10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+12.6% per year) and Germany (+44.3% per year).

Export Prices by Country

The average table-tennis equipment export price stood at $X per ton in 2022, growing by 11% against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.5% 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 +27.6% against 2020 indices. The growth pace was the most rapid in 2015 an increase of 22% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 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 Japan ($X per ton), while the average price for exports to Portugal ($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 Japan (+54.8%), while the prices for the other major destinations experienced more modest paces of growth.

Table-Tennis Equipment Imports

Imports into Spain

In 2022, purchases abroad of articles and equipment for table-tennis decreased by -41.1% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, imports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2015 with an increase of 107%. Imports peaked at X tons in 2021, and then declined remarkably in the following year.

In value terms, table-tennis equipment imports fell markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of 87% against the previous year. Imports peaked at $X in 2021, and then fell dramatically in the following year.

Imports by Country

Portugal (X tons), China (X tons) and France (X tons) were the main suppliers of table-tennis equipment imports to Spain, with a combined 93% share of total imports. Italy and Germany lagged somewhat behind, together comprising a further 5.9%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +28.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), China ($X) and Germany ($X) were the largest table-tennis equipment suppliers to Spain, with a combined 88% share of total imports. France and Italy lagged somewhat behind, together accounting for a further 8.5%.

Italy, with a CAGR of +32.8%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average table-tennis equipment import price amounted to $X per ton, rising by 16% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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