Hong Kong SAR, China - Video Game Consoles (Not Operated By Means Of Payments) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVideo Game Console Price in Hong Kong SAR - 2023
Contents:
- Video Game Console Price in Hong Kong SAR (CIF) - 2022
- Video Game Console Price in Hong Kong SAR (FOB) - 2022
- Video Game Console Imports in Hong Kong SAR
- Video Game Console Exports in Hong Kong SAR
Video Game Console Price in Hong Kong SAR (CIF) - 2022
The average video game console import price stood at $458 per unit in 2022, declining by -4.5% against the previous year. In general, the import price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 22%. The import price peaked at $479 per unit in 2021, and then dropped modestly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($458 per unit) and the United States ($458 per unit), while the price for Singapore ($458 per unit) and the UK ($458 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Video Game Console Price in Hong Kong SAR (FOB) - 2022
In 2022, the average video game console export price amounted to $229 per unit, remaining relatively unchanged against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 4.1% against the previous year. As a result, the export price reached the peak level of $240 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Poland ($226 per unit) and Vietnam ($226 per unit), while the average price for exports to Russia ($226 per unit) and Spain ($226 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (-0.0%), while the prices for the other major destinations experienced a decline.
Video Game Console Imports in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in supplies from abroad of video game consoles (not operated by means of payments), which decreased by -18.2% to 1.6M units in 2022. In general, imports continue to indicate a abrupt slump. The smallest decline of -11.3% was in 2021. Over the period under review, imports reached the peak figure at 2.7M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, video game console imports declined remarkably to $732M in 2022. Overall, imports continue to indicate a abrupt downturn. The smallest decline of -4.6% was in 2021. Over the period under review, imports hit record highs at $1.1B in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Video Game Console in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 938 | 790 | 734 | 394 | -25.1% |
| Japan | 85.3 | 81.4 | 74.5 | 218 | 36.7% |
| United States | 17.4 | 21.3 | 29.3 | 22.7 | 9.3% |
| Singapore | 3.9 | 6.9 | 17.4 | 20.9 | 75.0% |
| South Korea | 1.9 | 2.2 | 11.1 | 19.3 | 116.6% |
| United Kingdom | 13.8 | 14.0 | 12.6 | 12.4 | -3.5% |
| Vietnam | 33.1 | 24.2 | 10.9 | 5.7 | -44.4% |
| Others | 24.3 | 41.1 | 47.0 | 38.4 | 16.5% |
| Total | 1,118 | 982 | 937 | 732 | -13.2% |
Top Suppliers of Video Game Console to Hong Kong SAR in 2022:
- China (860.7K units)
- Japan (477.2K units)
- United States (49.6K units)
- Singapore (45.6K units)
- South Korea (42.3K units)
- United Kingdom (27.1K units)
- Vietnam (12.5K units)
Video Game Console Exports in Hong Kong SAR
In 2022, shipments abroad of video game consoles (not operated by means of payments) was finally on the rise to reach 4.1M units after two years of decline. Overall, exports, however, continue to indicate a deep setback. The exports peaked at 5.3M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, video game console exports expanded to $937M in 2022. In general, exports, however, saw a abrupt shrinkage. Over the period under review, the exports attained the maximum at $1.2B in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Video Game Console in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 20.4 | 44.8 | 46.0 | 141 | 90.5% |
| China | 132 | 158 | 158 | 113 | -5.0% |
| United Kingdom | 11.5 | 10.5 | 9.5 | 105 | 109.0% |
| United States | 318 | 234 | 174 | 96.3 | -32.8% |
| Japan | 158 | 218 | 196 | 64.1 | -26.0% |
| Spain | 36.7 | 2.6 | 8.6 | 64.1 | 20.4% |
| South Korea | 18.5 | 11.6 | 53.0 | 49.7 | 39.0% |
| Poland | 144 | 34.3 | 7.9 | 49.3 | -30.0% |
| Germany | 167 | 46.5 | 18.7 | 40.8 | -37.5% |
| Taiwan (Chinese) | 53.2 | 82.7 | 58.6 | 38.7 | -10.1% |
| Singapore | 42.1 | 46.1 | 30.3 | 33.1 | -7.7% |
| Russia | 1.3 | 0.9 | 0.8 | 23.9 | 163.9% |
| Australia | 14.0 | 19.1 | 21.5 | 22.2 | 16.6% |
| Others | 117 | 141 | 128 | 96.2 | -6.3% |
| Total | 1,233 | 1,051 | 911 | 937 | -8.7% |
Top Export Markets for Video Game Console from Hong Kong SAR in 2022:
- Vietnam (623.9K units)
- China (500.4K units)
- United Kingdom (465.6K units)
- United States (426.8K units)
- Japan (284.1K units)
- Spain (284.1K units)
- South Korea (220.0K units)
- Poland (218.0K units)
- Germany (180.9K units)
- Taiwan (Chinese) (171.6K units)
- Singapore (146.7K units)
- Russia (106.1K units)
- Australia (98.3K units)
This report provides an in-depth analysis of the video game console market in Hong Kong SAR, 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:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2016, the global video game imports amounted to X tons, ascending by X% against the previous year figure. In general, video game imports continue to indicate a pronounced setback. The most pro...
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In 2016, the global video game imports amounted to X tons, ascending by X% against the previous year figure. In general, video game imports continue to indicate a pronounced setback. The most pro...
2131
In 2016, the global video game imports amounted to X tons, ascending by X% against the previous year figure. In general, video game imports continue to indicate a pronounced setback. The most pro...
