Global Table-Tennis Equipment Market 2024

Table-Tennis Equipment Market Size

In 2022, the global table-tennis equipment market decreased by -72% to $X, falling for the second year in a row after seven years of growth. Overall, consumption showed a perceptible contraction. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the global market remained at a lower figure.

Table-Tennis Equipment Production

In value terms, table-tennis equipment production expanded markedly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2020 when the production volume increased by 29% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, global production growth remained at a lower figure.

Table-Tennis Equipment Exports

Exports

In 2022, the amount of articles and equipment for table-tennis exported worldwide fell markedly to X tons, waning by -26.5% against the previous year's figure. Overall, total exports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -30.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 42%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the global exports failed to regain momentum.

In value terms, table-tennis equipment exports fell to $X in 2022. Over the period under review, total exports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 35%. Over the period under review, the global exports attained the maximum at $X in 2021, and then dropped in the following year.

Exports by Country

China dominates exports structure, amounting to X tons, which was approx. 58% of total exports in 2022. Germany (X tons) took the second position in the ranking, followed by France (X tons), Portugal (X tons) and Italy (X tons). All these countries together took near 26% share of total exports. Spain (X tons) and the Netherlands (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to table-tennis equipment exports from China stood at +1.7%. At the same time, the Netherlands (+32.2%), Italy (+20.4%), Portugal (+16.8%), Spain (+4.1%) and France (+1.0%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +32.2% from 2012-2022. By contrast, Germany (-5.0%) illustrated a downward trend over the same period. While the share of Italy (+4.3 p.p.), Portugal (+4 p.p.), China (+2.9 p.p.) and the Netherlands (+2.2 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Germany (-7.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest table-tennis equipment supplier worldwide, comprising 49% of global exports. The second position in the ranking was taken by Germany ($X), with a 9.8% share of global exports. It was followed by France, with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to +5.4%. In the other countries, the average annual rates were as follows: Germany (-0.4% per year) and France (+1.4% per year).

Export Prices by Country

In 2022, the average table-tennis equipment export price amounted to $X per ton, growing by 22% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.5%), while the other global leaders experienced more modest paces of growth.

Table-Tennis Equipment Imports

Imports

In 2022, overseas purchases of articles and equipment for table-tennis decreased by -24.4% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 31%. Global imports peaked at X tons in 2021, and then declined remarkably in the following year.

In value terms, table-tennis equipment imports declined to $X in 2022. The total import value increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 18% against the previous year. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

The United States represented the key importer of articles and equipment for table-tennis in the world, with the volume of imports finishing at X tons, which was near 23% of total imports in 2022. France (X tons) held the second position in the ranking, followed by Spain (X tons) and Germany (X tons). All these countries together held approx. 17% share of total imports. The UK (X tons), Australia (X tons), Italy (X tons), Canada (X tons), Japan (X tons), Indonesia (X tons), South Korea (X tons), Chile (X tons) and Poland (X tons) held a relatively small share of total imports.

Imports into the United States increased at an average annual rate of +2.8% from 2012 to 2022. At the same time, Germany (+9.9%), Poland (+8.9%), Spain (+7.9%), Canada (+7.7%), France (+5.7%), Chile (+5.3%) and the UK (+2.7%) displayed positive paces of growth. Moreover, Germany emerged as the fastest-growing importer imported in the world, with a CAGR of +9.9% from 2012-2022. South Korea, Italy and Japan experienced a relatively flat trend pattern. By contrast, Indonesia (-4.7%) and Australia (-5.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States, Germany, Spain and France increased by +3.1, +2.8, +2.5 and +2.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest table-tennis equipment importing markets worldwide were the United States ($X), Germany ($X) and France ($X), with a combined 29% share of global imports. Japan, Spain, South Korea, the UK, Poland, Italy, Australia, Canada, Indonesia and Chile lagged somewhat behind, together accounting for a further 28%.

Among the main importing countries, Poland, with a CAGR of +9.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average table-tennis equipment import price stood at $X per ton in 2022, surging by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. Global import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+9.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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