Video Game Console Price in Paraguay - 2023

Contents:

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

Video Game Console Price in Paraguay (CIF) - 2023

The average video game console import price stood at $64.8 per unit in October 2023, dropping by -15.3% against the previous month. Overall, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 19% month-to-month. The import price peaked at $392 per unit in December 2022; however, from January 2023 to October 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Japan ($67.5 per unit), while the price for Hong Kong SAR ($63.5 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Japan (-3.6%), while the prices for the other major suppliers experienced a decline.

Video Game Console Price in Paraguay (FOB) - 2022

The average video game console export price stood at $80 per unit in 2022, with a decrease of -55.4% against the previous year. In general, the export price showed a pronounced slump. The pace of growth appeared the most rapid in 2014 an increase of 119% against the previous year. The export price peaked at $330 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 Brazil ($189 per unit), while the average price for exports to Colombia ($10 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 Argentina (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.

Video Game Console Imports in Paraguay

In 2022, imports of video game consoles into Paraguay rose markedly to 99K units, surging by 9.5% compared with 2021. Overall, imports, however, showed a abrupt descent. Imports peaked at 112K units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, video game console imports surged to $39M in 2022. The total import value increased at an average annual rate of +8.7% from 2020 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Video Game Console to Paraguay in 2022:

1. China (95.2K units)
2. United States (2.6K units)
3. Mexico (0.3K units)

Video Game Console Exports in Paraguay

In 2022, overseas shipments of video game consoles decreased by -75% to 5 units, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 970%. As a result, the exports reached the peak of 37K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, video game console exports dropped remarkably to $399 in 2022. Overall, exports faced a dramatic descent. The most prominent rate of growth was recorded in 2020 when exports increased by 1,599%. As a result, the exports attained the peak of $11M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

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

1. Colombia (2.0 units)
2. Brazil (1.0 units)
3. Japan (1.0 units)
4. United States (1.0 units)

Source: IndexBox Market Intelligence Platform