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

Norway - 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 Norway - 2023

Contents:

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

Video Game Console Price in Norway (CIF) - 2023

The average video game console import price stood at $461 per unit in August 2023, with an increase of 5.2% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 48% m-o-m. As a result, import price attained the peak level of $657 per unit. From June 2023 to August 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Japan ($749 per unit), while the price for Germany ($267 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+1.0%), while the prices for the other major suppliers experienced a decline.

Video Game Console Price in Norway (FOB) - 2023

The average video game console export price stood at $467 per unit in August 2023, with an increase of 7.4% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +5.7%. The most prominent rate of growth was recorded in September 2022 an increase of 45% against the previous month. Over the period under review, the average export prices attained the maximum in August 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($463 per unit), while the average price for exports to Denmark amounted to $212 per unit.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+18.9%), while the prices for the other major destinations experienced mixed trend patterns.

Video Game Console Imports in Norway

In 2022, after three years of growth, there was significant decline in supplies from abroad of video game consoles (not operated by means of payments), when their volume decreased by -14.4% to 152K units. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +9.5% 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 +31.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51%. As a result, imports reached the peak of 177K units, and then reduced in the following year.

In value terms, video game console imports reduced dramatically to $79M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.0% 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 +36.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 38% against the previous year. As a result, imports attained the peak of $94M, and then fell remarkably in the following year.

Import of Video Game Console in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China43.157.678.460.812.2%
Japan5.02.86.98.318.4%
Sweden0.13.74.33.5227.1%
Denmark6.10.60.31.4-38.8%
Germany0.50.70.81.130.1%
Netherlands1.81.10.70.8-23.7%
Others1.11.82.92.938.1%
Total57.768.394.478.911.0%

Top Suppliers of Video Game Console to Norway in 2022:

  1. China (126.3K units)
  2. Sweden (9.0K units)
  3. Japan (4.1K units)
  4. Denmark (3.4K units)
  5. Germany (2.7K units)
  6. Netherlands (1.6K units)

Video Game Console Exports in Norway

In 2022, overseas shipments of video game consoles (not operated by means of payments) increased by 66% to 7.2K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total exports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +4.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, video game console exports surged to $2.7M in 2022. Overall, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 21%. The exports peaked at $3.2M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Video Game Console in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden3,0901,5121,7551,962-14.0%
France17.63.8117597223.7%
Denmark27.56.815.350.822.7%
United States8.235911.321.838.5%
BelgiumN/A2.70.86.858.7%
Others74.948.743861.2-6.5%
Total3,2181,9342,3372,700-5.7%

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

  1. United States (undefinedK units)
  2. Sweden (5.2K units)
  3. France (1.3K units)
  4. Denmark (0.3K units)
  5. Belgium (0.1K units)

Source: IndexBox Market Intelligence Platform

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

  • Norway

Data coverage:

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