Video Game Console Price in Tanzania - 2022

Contents:

  1. Video Game Console Price in Tanzania (CIF) - 2022
  2. Video Game Console Price in Tanzania (FOB) - 2022
  3. Video Game Console Imports in Tanzania
  4. Video Game Console Exports in Tanzania

Video Game Console Price in Tanzania (CIF) - 2022

In 2022, the average video game console import price amounted to $94 per unit, which is down by -7.7% against the previous year. Over the period under review, the import price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 70% against the previous year. As a result, import price reached the peak level of $213 per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($101 per unit), while the price for Japan ($17 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Video Game Console Price in Tanzania (FOB) - 2022

In 2022, the average video game console export price amounted to $6.8 per unit, falling by -89.5% against the previous year. Over the period under review, the export price recorded a dramatic descent. The most prominent rate of growth was recorded in 2018 an increase of 140% against the previous year. As a result, the export price reached the peak level of $119 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($36 per unit), while the average price for exports to Namibia ($1.9 per unit) 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 Arab Emirates (+203.6%), while the prices for the other major destinations experienced more modest paces of growth.

Video Game Console Imports in Tanzania

In 2022, approx. 1.2K units of video game consoles were imported into Tanzania; with an increase of 45% compared with the previous year's figure. Over the period under review, imports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 82% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, video game console imports soared to $113K in 2022. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Video Game Console in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China38.756.238.610238.1%
United Kingdom3.41.130.43.3-1.0%
United Arab Emirates2.70.82.52.0-9.5%
Japan0.70.11.91.116.3%
South KoreaN/AN/AN/A0.70%
Others13.58.211.24.5-30.7%
Total58.966.484.511324.3%

Top Suppliers of Video Game Console to Tanzania in 2022:

  1. China (1013.0 units)
  2. Japan (64.0 units)
  3. United Kingdom (39.0 units)
  4. United Arab Emirates (34.0 units)
  5. South Korea (23.0 units)

Video Game Console Exports in Tanzania

After two years of decline, overseas shipments of video game consoles increased by 796% to 233 units in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, video game console exports declined to $1.6K in 2022. In general, exports, however, continue to indicate a precipitous shrinkage. The exports peaked at $5.7K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Video Game Console in Tanzania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States63718997.0320-20.5%
Democratic Republic of the Congo523423126231-23.8%
SingaporeN/AN/AN/A2200%
ChinaN/A53394.0150-47.0%
BrazilN/AN/AN/A1200%
United Kingdom24513750.0100-25.8%
NamibiaN/AN/AN/A1000%
SwedenN/AN/AN/A90.00%
Nepal1,0112679.0N/A-90.6%
Others3,3002,4151,311263-57.0%
Total5,7163,9641,6871,594-34.7%

Top Export Markets for Video Game Console from Tanzania in 2022:

  1. Singapore (58.0 units)
  2. Namibia (54.0 units)
  3. Brazil (38.0 units)
  4. China (35.0 units)
  5. Sweden (20.0 units)
  6. United States (9.0 units)
  7. Democratic Republic of the Congo (7.0 units)
  8. United Kingdom (3.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Video Games - Tanzania