Chile - Video Game Consoles (Not Operated By Means Of Payments) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Chile - Video Game Consoles (Not Operated By Means Of Payments) - Market Analysis, Forecast, Size, Trends And Insights

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Video Game Console Price in Chile - 2023

Contents:

  1. Video Game Console Price in Chile (CIF) - 2023
  2. Video Game Console Price in Chile (FOB) - 2022
  3. Video Game Console Imports in Chile
  4. Video Game Console Exports in Chile

Video Game Console Price in Chile (CIF) - 2023

In July 2023, the average video game console import price amounted to $276 per unit, reducing by -37.1% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 24% m-o-m. The import price peaked at $444 per unit in February 2023; however, from March 2023 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($662 per unit), while the price for China amounted to $236 per unit.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.4%).

Video Game Console Price in Chile (FOB) - 2022

The average video game console export price stood at $469 per unit in 2022, rising by 1.8% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 178%. Over the period under review, the average export prices attained the peak figure at $841 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($1,395 per unit), while the average price for exports to Peru ($300 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 Mexico (+12.9%), while the prices for the other major destinations experienced mixed trend patterns.

Video Game Console Imports in Chile

In 2022, approx. 302K units of video game consoles (not operated by means of payments) were imported into Chile; approximately equating 2021. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +17.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, video game console imports shrank slightly to $114M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 78%. As a result, imports attained the peak of $117M, and then shrank in the following year.

Import of Video Game Console in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China68.850.078.887.58.3%
United States8.510.627.221.135.4%
Japan4.21.53.52.6-14.8%
Others3.73.97.72.5-12.3%
Total85.266.011711410.2%

Top Suppliers of Video Game Console to Chile in 2022:

  1. China (259.1K units)
  2. United States (35.7K units)
  3. Japan (2.2K units)

Video Game Console Exports in Chile

In 2022, overseas shipments of video game consoles (not operated by means of payments) decreased by -25% to 4.6K units, falling for the second year in a row after two years of growth. In general, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 730%. As a result, the exports reached the peak of 23K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, video game console exports dropped rapidly to $2.1M in 2022. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 866% against the previous year. As a result, the exports reached the peak of $10M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Video Game Console in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru50.3298719860157.6%
Bolivia24980893874043.8%
United States4698,651863276-16.2%
UruguayN/A1.30.5118852.7%
Paraguay90.228.01711044.9%
Panama73.9297N/AN/A301.9%
Others1121.010538.1-30.2%
Total1,04410,0862,7972,13627.0%

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

  1. Peru (2866.0 units)
  2. United States (653.0 units)
  3. Bolivia (531.0 units)
  4. Uruguay (285.0 units)
  5. Paraguay (159.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the video game console market in Chile. 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 26406050 - Video game consoles (not operated by means of payments)

Country coverage:

  • Chile

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Chile
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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