Billiard Accessoires Market

The global market for billiard accessories is projected to experience an upward consumption trend over the period from 2022 to 2030, with a forecasted increase in market volume to 160K tons and market value to $1.7B by the end of 2030. The market recorded growth in consumption in 2022, led by countries like the United States, China, and India. China dominates in exports, comprising 67% of total exports, while the United States leads in imports with a 44% share. Overall, the global market is expected to see gradual growth in the near future, with noticeable fluctuations in import and export prices amongst major exporting countries.

Market Forecast

Driven by rising demand for billiard accessoires worldwide, the market is expected to start an upward consumption trend over the next eight years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +0.5% for the period from 2022 to 2030, which is projected to bring the market volume to 160K tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +2.5% for the period from 2022 to 2030, which is projected to bring the market value to $1.7B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Articles And Accessories For Billiards

For the fourth year in a row, the global market recorded growth in consumption of articles and accessories for billiards, which increased by 0.8% to 154K tons in 2022. Over the period under review, consumption, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the consumption volume increased by 9.4% against the previous year. Global consumption peaked at 167K tons in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

The global billiard accessoires market revenue rose slightly to $1.4B in 2022, picking up by 2.8% 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). Overall, consumption recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 8.2% against the previous year. Over the period under review, the global market reached the peak level in 2022 and is likely to see gradual growth in the near future.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were the United States (35K tons), China (27K tons) and India (14K tons), with a combined 49% share of global consumption. Germany, Japan, the UK, Brazil, Mexico, France, Turkey, Russia, Saudi Arabia and Canada lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +6.7%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, India ($284M), the United States ($219M) and China ($153M) appeared to be the countries with the highest levels of market value in 2022, with a combined 47% share of the global market. Mexico, Canada, Germany, Japan, Saudi Arabia, the UK, France, Brazil, Turkey and Russia lagged somewhat behind, together accounting for a further 28%.

In terms of the main consuming countries, Canada, with a CAGR of +8.8%, recorded the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of billiard accessoires per capita consumption in 2022 were the United States (103 kg per 1000 persons), Saudi Arabia (78 kg per 1000 persons) and Germany (76 kg per 1000 persons).

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +6.1%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Articles And Accessories For Billiards

In 2022, after three years of growth, there was decline in production of articles and accessories for billiards, when its volume decreased by less than 0.1% to 142K tons. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 16% against the previous year. Over the period under review, global production reached the peak volume at 153K tons in 2012; however, from 2013 to 2022, production failed to regain momentum.

In value terms, billiard accessoires production declined to $1.5B in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 with an increase of 11%. As a result, production attained the peak level of $1.6B. From 2020 to 2022, global production growth remained at a somewhat lower figure.

Production By Country

The country with the largest volume of billiard accessoires production was China (61K tons), accounting for 43% of total volume. Moreover, billiard accessoires production in China exceeded the figures recorded by the second-largest producer, India (14K tons), fourfold. The third position in this ranking was held by Japan (7.5K tons), with a 5.3% share.

From 2012 to 2022, the average annual growth rate of volume in China was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: India (-0.9% per year) and Japan (-3.9% per year).

Imports

World Imports of Articles And Accessories For Billiards

For the third year in a row, the global market recorded growth in purchases abroad of articles and accessories for billiards, which increased by 0.4% to 66K tons in 2022. Over the period under review, imports saw a tangible expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 37%. Over the period under review, global imports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, billiard accessoires imports fell to $366M in 2022. Overall, total imports indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.9% 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 +17.3% against 2018 indices. The growth pace was the most rapid in 2021 when imports increased by 42%. As a result, imports attained the peak of $378M, and then contracted slightly in the following year.

Imports By Country

The United States represented the major importer of articles and accessories for billiards in the world, with the volume of imports accounting for 29K tons, which was approx. 44% of total imports in 2022. It was distantly followed by the UK (4.6K tons), making up a 6.9% share of total imports. The following importers - Germany (2.8K tons), China (2.7K tons), France (2.3K tons), the Netherlands (1.7K tons), Poland (1.3K tons), Chile (1.2K tons) and Italy (1.1K tons) - together made up 20% of total imports.

From 2012 to 2022, average annual rates of growth with regard to billiard accessoires imports into the United States stood at +12.1%. At the same time, China (+23.7%), Chile (+19.4%), Poland (+18.6%), the Netherlands (+3.1%) and Germany (+2.7%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of +23.7% from 2012-2022. The UK and France experienced a relatively flat trend pattern. By contrast, Italy (-4.1%) illustrated a downward trend over the same period. While the share of the United States (+26 p.p.), China (+3.5 p.p.) and Poland (+1.5 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($119M) constitutes the largest market for imported articles and accessories for billiards worldwide, comprising 32% of global imports. The second position in the ranking was taken by Poland ($32M), with an 8.8% share of global imports. It was followed by the UK, with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States stood at +7.0%. In the other countries, the average annual rates were as follows: Poland (+44.2% per year) and the UK (+0.3% per year).

Import Prices By Country

In 2022, the average billiard accessoires import price amounted to $5,533 per ton, shrinking by -3.4% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 22%. As a result, import price reached the peak level of $8,461 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($24,387 per ton), while Chile ($1,969 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+21.6%), while the other global leaders experienced mixed trends in the import price figures.

Exports

World Exports of Articles And Accessories For Billiards

In 2022, after two years of growth, there was decline in overseas shipments of articles and accessories for billiards, when their volume decreased by -1.7% to 55K tons. In general, total exports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33%. As a result, the exports attained the peak of 56K tons, and then contracted modestly in the following year.

In value terms, billiard accessoires exports dropped to $441M in 2022. Overall, exports, however, continue to indicate a measured increase. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. As a result, the exports reached the peak of $445M, and then shrank slightly in the following year.

Exports By Country

China prevails in exports structure, finishing at 37K tons, which was near 67% of total exports in 2022. It was distantly followed by South Korea (2.9K tons), generating a 5.2% share of total exports. The Netherlands (1.8K tons), Japan (1.5K tons), Brazil (1.4K tons), Belgium (1.4K tons), the United States (1K tons) and Spain (0.9K tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to billiard accessoires exports from China stood at +5.4%. At the same time, Brazil (+26.3%), South Korea (+20.6%), Japan (+13.6%), Spain (+9.5%) and the Netherlands (+7.3%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in the world, with a CAGR of +26.3% from 2012-2022. Belgium experienced a relatively flat trend pattern. By contrast, the United States (-5.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, South Korea, Brazil and Japan increased by +11, +4.1, +2.2 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($260M) remains the largest billiard accessoires supplier worldwide, comprising 59% of global exports. The second position in the ranking was held by the United States ($30M), with a 6.9% share of global exports. It was followed by Belgium, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at +9.2%. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (+6.6% per year) and Belgium (+4.6% per year).

Export Prices By Country

The average billiard accessoires export price stood at $8,039 per ton in 2022, approximately equating the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 9.9%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain 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 the United States ($30,040 per ton), while Brazil ($329 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.5%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform