Costa Rica - Video Game Consoles - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

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

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Video Game Console Price in Costa Rica - 2022

Contents:

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

Video Game Console Price in Costa Rica (CIF) - 2022

In 2022, the average video game console import price amounted to $45 per unit, declining by -6.6% against the previous year. Overall, the import price saw a deep slump. The most prominent rate of growth was recorded in 2013 an increase of 26%. Over the period under review, average import prices attained the peak figure at $115 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Panama ($65 per unit), while the price for South Korea ($8.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+3.4%), while the prices for the other major suppliers experienced a decline.

Video Game Console Price in Costa Rica (FOB) - 2022

The average video game console export price stood at $109 per unit in 2022, shrinking by -31.2% against the previous year. In general, the export price showed a abrupt contraction. The pace of growth was the most pronounced in 2019 an increase of 49% against the previous year. Over the period under review, the average export prices attained the peak figure at $305 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($331 per unit), while the average price for exports to Ireland ($2.1 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 Israel (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.

Video Game Console Imports in Costa Rica

In 2022, approx. 22K units of video game consoles were imported into Costa Rica; picking up by 12% on the previous year's figure. The total import volume increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, video game console imports amounted to $1M in 2022. In general, imports, however, continue to indicate a abrupt slump. Over the period under review, imports reached the maximum at $1.5M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Video Game Console in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States672634627565-5.6%
China672334236342-20.2%
Panama83.683.867.955.7-12.7%
Taiwan (Chinese)0.312.41.111.2234.2%
Mexico22.60.54.14.9-39.9%
South Korea0.1N/AN/A4.2247.6%
Others38.848.629.226.5-11.9%
Total1,4901,1149651,010-12.2%

Top Suppliers of Video Game Console to Costa Rica in 2022:

  1. United States (9.8K units)
  2. China (7.9K units)
  3. Taiwan (Chinese) (1.1K units)
  4. Panama (0.9K units)
  5. South Korea (0.5K units)
  6. Mexico (0.3K units)

Video Game Console Exports in Costa Rica

In 2022, the amount of video game consoles exported from Costa Rica surged to 207 units, growing by 234% against 2021. In general, exports recorded a prominent expansion. 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 surged to $23K in 2022. Overall, exports, however, saw a abrupt decrease. Over the period under review, the exports reached the maximum at $42K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Video Game Console in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States29.73.17.115.6-19.3%
Panama6.30.60.12.6-25.5%
El Salvador0.7N/A1.11.939.5%
Canada0.6N/A0.10.3-20.6%
UruguayN/AN/A0.40.3-25.0%
United Kingdom0.10.1N/A0.344.2%
Nicaragua0.1N/AN/A0.344.2%
IsraelN/AN/AN/A0.10%
PortugalN/AN/AN/A0.10%
MalaysiaN/AN/AN/A0.10%
AustriaN/AN/AN/A0.10%
BelgiumN/A0.1N/A0.10.0%
IrelandN/AN/AN/AN/A0%
Others4.64.10.90.8-44.2%
Total42.17.99.822.6-18.7%

Top Export Markets for Video Game Console from Costa Rica in 2022:

  1. United States (47.0 units)
  2. Austria (31.0 units)
  3. Panama (28.0 units)
  4. Nicaragua (14.0 units)
  5. Ireland (12.0 units)
  6. El Salvador (9.0 units)
  7. Israel (7.0 units)
  8. Canada (6.0 units)
  9. United Kingdom (6.0 units)
  10. Portugal (5.0 units)
  11. Malaysia (4.0 units)
  12. Uruguay (3.0 units)
  13. Belgium (3.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the video game console market in Costa Rica. 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:

  • Costa Rica

Data coverage:

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