Report Vietnam - Articles and Equipment for Table-Tennis - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

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Vietnam: Table-Tennis Equipment Market 2024

Table-Tennis Equipment Market Size in Vietnam

The Vietnamese table-tennis equipment market skyrocketed to $X in 2022, rising by 21% 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). Over the period under review, consumption saw prominent growth. Table-tennis equipment consumption peaked in 2022 and is likely to continue growth in years to come.

Table-Tennis Equipment Exports

Exports from Vietnam

In 2022, after six years of growth, there was significant decline in overseas shipments of articles and equipment for table-tennis, when their volume decreased by -21.1% to X tons. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2014 with an increase of 625% against the previous year. The exports peaked at X tons in 2021, and then fell significantly in the following year.

In value terms, table-tennis equipment exports declined sharply to $X in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2014 when exports increased by 668%. Over the period under review, the exports attained the peak figure at $X in 2021, and then fell remarkably in the following year.

Exports by Country

Canada (X tons) was the main destination for table-tennis equipment exports from Vietnam, accounting for a 42% share of total exports. Moreover, table-tennis equipment exports to Canada exceeded the volume sent to the second major destination, Slovakia (X tons), threefold. Indonesia (X tons) ranked third in terms of total exports with an 8.9% share.

From 2012 to 2022, the average annual growth rate of volume to Canada totaled +123.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+95.7% per year) and Indonesia (+42.7% per year).

In value terms, Canada ($X) remains the key foreign market for articles and equipment for table-tennis exports from Vietnam, comprising 51% of total exports. The second position in the ranking was taken by Slovakia ($X), with a 14% share of total exports. It was followed by Sweden, with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada totaled +138.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+109.9% per year) and Sweden (+101.4% per year).

Export Prices by Country

The average table-tennis equipment export price stood at $X per ton in 2022, which is down by -2.6% against the previous year. In general, the export price saw a deep downturn. The pace of growth appeared the most rapid in 2015 an increase of 101% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average 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 the United States ($X per ton), while the average price for exports to Japan ($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 the Czech Republic (+50.6%), while the prices for the other major destinations experienced more modest paces of growth.

Table-Tennis Equipment Imports

Imports into Vietnam

Table-tennis equipment imports into Vietnam surged to X tons in 2022, growing by 30% against the previous year. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 287% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, table-tennis equipment imports declined to $X in 2022. In general, imports posted a prominent expansion. The pace of growth was the most pronounced in 2017 when imports increased by 112%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of table-tennis equipment to Vietnam, accounting for a 66% share of total imports. Moreover, table-tennis equipment imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), threefold. The third position in this ranking was taken by South Korea (X tons), with a 2.4% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +30.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+16.5% per year) and South Korea (+3.5% per year).

In value terms, China ($X) constituted the largest supplier of articles and equipment for table-tennis to Vietnam, comprising 59% of total imports. The second position in the ranking was taken by Japan ($X), with a 29% share of total imports. It was followed by South Korea, with a 4% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +29.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+15.7% per year) and South Korea (+13.6% per year).

Import Prices by Country

The average table-tennis equipment import price stood at $X per ton in 2022, falling by -30.3% against the previous year. In general, the import price recorded a mild shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 195% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of table-tennis equipment consumption in 2021 were China, the United States and India, together comprising 40% of global consumption. These countries were followed by Japan, Germany, Pakistan, Brazil, the UK, Russia, France, Mexico, South Korea and Saudi Arabia, which together accounted for a further 36%.
The country with the largest volume of table-tennis equipment production was China, accounting for 42% of total volume. Moreover, table-tennis equipment production in China exceeded the figures recorded by the second-largest producer, India, fivefold. Germany ranked third in terms of total production with a 6.9% share.
In value terms, the largest table-tennis equipment suppliers to Vietnam were Japan, China and South Korea, together comprising 91% of total imports.
In value terms, Slovakia, Canada and the United States were the largest markets for table-tennis equipment exported from Vietnam worldwide, with a combined 54% share of total exports.
In 2021, the average table-tennis equipment export price amounted to $4,224 per ton, jumping by 50% against the previous year.
The average table-tennis equipment import price stood at $2,103 per ton in 2021, shrinking by -16.4% against the previous year.

This report provides an in-depth analysis of the table-tennis equipment market in Vietnam. 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:

  • Vietnam

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Vietnam
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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

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