South-Eastern Asia: Table-Tennis Equipment Market 2024

Table-Tennis Equipment Market Size in South-Eastern Asia

In 2022, the Southeast Asian table-tennis equipment market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. In general, consumption, however, saw prominent growth. The level of consumption peaked at $X in 2021, and then declined in the following year.

Table-Tennis Equipment Production in South-Eastern Asia

In value terms, table-tennis equipment production fell modestly to $X in 2022 estimated in export price. The total production indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Table-Tennis Equipment Exports

Exports in South-Eastern Asia

In 2022, approx. X tons of articles and equipment for table-tennis were exported in South-Eastern Asia; which is down by X% compared with the previous year's figure. Over the period under review, exports continue to indicate a pronounced decrease. The pace of growth was the most pronounced in 2016 with an increase of X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, table-tennis equipment exports shrank to $X in 2022. Overall, exports continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore was the key exporter of articles and equipment for table-tennis in South-Eastern Asia, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by Thailand (X tons) and Malaysia (X tons), together mixing up a X% share of total exports. Indonesia (X tons) took a little share of total exports.

Singapore experienced a relatively flat trend pattern with regard to volume of exports of articles and equipment for table-tennis. Thailand experienced a relatively flat trend pattern. Malaysia (X%) and Indonesia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Singapore and Thailand increased by X and X percentage points, respectively.

In value terms, Singapore ($X) remains the largest table-tennis equipment supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore amounted to X%. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Malaysia (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Indonesia ($X per ton) and Thailand ($X per ton), while Malaysia ($X per ton) and Singapore ($X per ton) were amongst the lowest.

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

Table-Tennis Equipment Imports

Imports in South-Eastern Asia

Table-tennis equipment imports surged to X tons in 2022, picking up by X% compared with 2021 figures. In general, imports saw a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, table-tennis equipment imports totaled $X in 2022. Overall, imports recorded a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

Malaysia was the major importing country with an import of about X tons, which reached X% of total imports. It was distantly followed by Indonesia (X tons), Thailand (X tons), Singapore (X tons) and Vietnam (X tons), together achieving a X% share of total imports. The Philippines (X tons) held a minor share of total imports.

Malaysia was also the fastest-growing in terms of the articles and equipment for table-tennis imports, with a CAGR of X% from 2012 to 2022. At the same time, Vietnam (X%) and Thailand (X%) displayed positive paces of growth. Singapore experienced a relatively flat trend pattern. By contrast, Indonesia (X%) and the Philippines (X%) illustrated a downward trend over the same period. Malaysia (X p.p.), Vietnam (X p.p.) and Thailand (X p.p.) significantly strengthened its position in terms of the total imports, while Singapore, the Philippines and Indonesia saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, the largest table-tennis equipment importing markets in South-Eastern Asia were Malaysia ($X), Thailand ($X) and Indonesia ($X), together comprising X% of total imports. Singapore, Vietnam and the Philippines lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, falling by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Philippines ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform