Report Update: May 1, 2024

China - Video Game Consoles - Market Analysis, Forecast, Size, Trends and Insights

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Video Game Console Price in China - 2023

Video Game Console Price in China (FOB) - 2022

The average video game console export price stood at $389 per unit in 2022, rising by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 the Netherlands ($2,354 per unit), while the average price for exports to Brazil ($210 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 Poland (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.

Video Game Console Price in China (CIF) - 2022

In 2022, the average video game console import price amounted to $1,801 per unit, surging by 115% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 375% against the previous year. Over the period under review, average import prices reached the maximum at $1,909 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($47,232 per unit), while the price for Vietnam ($767 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+42.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Video Game Console Exports in China

For the fourth year in a row, China recorded growth in shipments abroad of video game consoles, which increased by 5.3% to 47M units in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +18.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, video game console exports surged to $18.1B in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Export of Video Game Console in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	3,048	3,726	5,852	7,819	36.9%
Netherlands	1,569	1,510	2,133	3,357	28.9%
Japan	981	1,238	1,539	1,579	17.2%
United Kingdom	553	856	1,206	1,325	33.8%
Australia	247	385	375	544	30.1%
United Arab Emirates	317	88.8	220	357	4.0%
Germany	123	79.0	627	338	40.1%
Brazil	69.5	130	175	321	66.5%
Canada	381	248	258	290	-8.7%
South Korea	142	167	251	271	24.0%
Spain	299	341	324	265	-3.9%
Poland	309	373	391	218	-11.0%
Mexico	72.7	19.6	94.2	157	29.3%
Others	1,020	821	1,197	1,253	7.1%
Total	9,130	9,982	14,643	18,095	25.6%

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

United States (8.3M units)
United Kingdom (1.6M units)
Japan (1.6M units)
Brazil (1.5M units)
Netherlands (1.4M units)
Australia (0.7M units)
Mexico (0.5M units)
Germany (0.5M units)
United Arab Emirates (0.4M units)
Poland (0.4M units)
South Korea (0.4M units)
Canada (0.3M units)
Spain (0.3M units)

Video Game Console Imports in China

In 2022, overseas purchases of video game consoles decreased by -6.1% to 383K units, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 19% against the previous year. As a result, imports reached the peak of 424K units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, video game console imports skyrocketed to $690M in 2022. Over the period under review, imports, however, saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Video Game Console in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	63.6	49.8	64.0	144	31.3%
Vietnam	7.0	12.2	22.5	66.7	112.0%
United States	13.2	15.5	11.5	22.3	19.1%
South Korea	0.1	0.3	63.0	1.2	128.9%
Germany	16.2	3.6	N/A	0.2	-76.9%
Hong Kong SAR	5.5	N/A	N/A	N/A	0%
Taiwan (Chinese)	183	N/A	N/A	N/A	0%
Others	9.6	133	180	455	261.9%
Total	299	214	341	690	32.1%

Top Suppliers of Video Game Console to China in 2022:

Germany (undefinedK units)
Vietnam (87.0K units)
United States (5.6K units)
Japan (3.1K units)
South Korea (0.5K units)

Source: IndexBox Market Intelligence Platform

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

Country coverage:

China

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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