Sweden: Table-Tennis Equipment Market 2024

Table-Tennis Equipment Market Size in Sweden

In 2022, the Swedish table-tennis equipment market decreased by -53.9% to $X for the first time since 2017, thus ending a four-year rising trend. Over the period under review, consumption, however, recorded a tangible increase. Table-tennis equipment consumption peaked at $X in 2021, and then fell notably in the following year.

Table-Tennis Equipment Exports

Exports from Sweden

For the third year in a row, Sweden recorded decline in overseas shipments of articles and equipment for table-tennis, which decreased by -11% to X tons in 2022. Overall, exports saw a noticeable decrease. The growth pace was the most rapid in 2019 with an increase of 53% against the previous year. The exports peaked 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 rose sharply to $X in 2022. The total export value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Finland (X tons), Norway (X tons) and China (X tons) were the main destinations of table-tennis equipment exports from Sweden, together accounting for 59% of total exports. Denmark, Germany, Austria, Poland, France, Estonia, Japan, the United States, Taiwan (Chinese) and the Czech Republic lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +25.3%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for articles and equipment for table-tennis exports from Sweden, comprising 47% of total exports. The second position in the ranking was held by Estonia ($X), with a 7.6% share of total exports. It was followed by Germany, with a 7.5% share.

From 2012 to 2022, the average annual growth rate of value to China totaled +3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+38.4% per year) and Germany (+6.4% per year).

Export Prices by Country

In 2022, the average table-tennis equipment export price amounted to $X per ton, jumping by 22% against the previous year. In general, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.9% 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 +122.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 66%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Finland ($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 Estonia (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.

Table-Tennis Equipment Imports

Imports into Sweden

In 2022, purchases abroad of articles and equipment for table-tennis decreased by -3.3% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 25%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, table-tennis equipment imports rose markedly to $X in 2022. Overall, total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +3.8% 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 +72.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 49%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X tons), Germany (X tons) and France (X tons) were the main suppliers of table-tennis equipment imports to Sweden, with a combined 79% share of total imports. Denmark, the Netherlands, the UK, Estonia, India and Hong Kong SAR lagged somewhat behind, together comprising a further 16%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Estonia (with a CAGR of +122.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest table-tennis equipment suppliers to Sweden were China ($X), Germany ($X) and France ($X), with a combined 75% share of total imports. Denmark, Hong Kong SAR, Estonia, the UK, India and the Netherlands lagged somewhat behind, together accounting for a further 17%.

Estonia, with a CAGR of +157.9%, saw the highest growth rate of the value of imports, in terms of 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, picking up by 14% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2017 an increase of 26%. The import price peaked in 2022 and is likely to see steady growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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