Hong Kong SAR, China - Articles And Equipment For Table-Tennis - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTable-Tennis Equipment Price in Hong Kong SAR - 2023
Contents:
- Table-Tennis Equipment Price in Hong Kong SAR (FOB) - 2022
- Table-Tennis Equipment Price in Hong Kong SAR (CIF) - 2023
- Table-Tennis Equipment Exports in Hong Kong SAR
- Table-Tennis Equipment Imports in Hong Kong SAR
Table-Tennis Equipment Price in Hong Kong SAR (FOB) - 2022
In 2022, the average table-tennis equipment export price amounted to $24,440 per ton, surging by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.0%. The growth pace was the most rapid in 2018 when the average export price increased by 15%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($37,449 per ton), while the average price for exports to Indonesia ($8,023 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 United States (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Table-Tennis Equipment Price in Hong Kong SAR (CIF) - 2023
The average table-tennis equipment import price stood at $14,941 per ton in June 2023, dropping by -28% against the previous month. Over the period under review, the import price saw a slight contraction. The pace of growth appeared the most rapid in December 2022 an increase of 39% against the previous month. Over the period under review, average import prices hit record highs at $20,749 per ton in May 2023, and then shrank notably in the following month.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was China ($14,395 per ton), while the price for Germany amounted to $12,489 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (-1.2%).
Table-Tennis Equipment Exports in Hong Kong SAR
In 2022, overseas shipments of articles and equipment for table-tennis decreased by -16.5% to 378 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 8.1% against the previous year. As a result, the exports reached the peak of 606 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, table-tennis equipment exports shrank to $9.2M in 2022. In general, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 12%. As a result, the exports attained the peak of $13M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Table-Tennis Equipment in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3,685 | 3,672 | 2,730 | 2,518 | -11.9% |
| Germany | 2,103 | 2,697 | 2,382 | 2,176 | 1.1% |
| United States | 268 | 531 | 356 | 424 | 16.5% |
| Sweden | 627 | 855 | 609 | 412 | -13.1% |
| United Kingdom | 352 | 396 | 171 | 387 | 3.2% |
| France | 667 | 804 | 474 | 313 | -22.3% |
| Netherlands | 179 | 240 | 105 | 280 | 16.1% |
| Indonesia | 400 | 70.2 | 113 | 273 | -12.0% |
| Thailand | 154 | 156 | 148 | 181 | 5.5% |
| China | 242 | 607 | 138 | 176 | -10.1% |
| Russia | 204 | 195 | 266 | 154 | -8.9% |
| Malaysia | 64.1 | 47.5 | 50.9 | 152 | 33.4% |
| Czech Republic | 80.5 | 157 | 64.5 | 141 | 20.5% |
| Others | 2,283 | 2,215 | 2,139 | 1,655 | -10.2% |
| Total | 11,307 | 12,644 | 9,747 | 9,244 | -6.5% |
Top Export Markets for Table-Tennis Equipment from Hong Kong SAR in 2022:
- Japan (75.6 tons)
- Germany (58.1 tons)
- Indonesia (34.0 tons)
- Sweden (20.0 tons)
- United States (16.9 tons)
- United Kingdom (15.8 tons)
- Netherlands (15.7 tons)
- China (15.5 tons)
- France (9.9 tons)
- Russia (8.3 tons)
- Thailand (8.0 tons)
- Czech Republic (7.5 tons)
- Malaysia (7.5 tons)
Table-Tennis Equipment Imports in Hong Kong SAR
In 2022, approx. 559 tons of articles and equipment for table-tennis were imported into Hong Kong SAR; dropping by -5.3% compared with the previous year's figure. Over the period under review, imports continue to indicate a abrupt contraction. The smallest decline of -3.7% was in 2020.
In value terms, table-tennis equipment imports contracted to $8.3M in 2022. In general, imports recorded a perceptible contraction. The growth pace was the most rapid in 2021 when imports increased by 23%. As a result, imports reached the peak of $9.4M, and then shrank in the following year.
| Import of Table-Tennis Equipment in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.7 | 7.4 | 8.5 | 7.3 | -1.8% |
| Germany | 1.0 | 0.2 | 0.6 | 0.4 | -26.3% |
| France | 0.2 | N/A | N/A | 0.1 | -20.6% |
| Others | 0.1 | N/A | 0.3 | 0.5 | 71.0% |
| Total | 9.0 | 7.6 | 9.4 | 8.3 | -2.7% |
Top Suppliers of Table-Tennis Equipment to Hong Kong SAR in 2022:
- China (523.0 tons)
- France (17.8 tons)
- Germany (11.8 tons)
This report provides an in-depth analysis of the table-tennis equipment market in Hong Kong SAR, China. 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:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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