South Africa - Video Game Consoles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVideo Game Console Price in South Africa - 2023
Contents:
- Video Game Console Price in South Africa (CIF) - 2023
- Video Game Console Price in South Africa (FOB) - 2022
- Video Game Console Imports in South Africa
- Video Game Console Exports in South Africa
Video Game Console Price in South Africa (CIF) - 2023
In July 2023, the average video game console import price amounted to $288 per unit, dropping by -9.7% against the previous month. Overall, the import price, however, showed prominent growth. The most prominent rate of growth was recorded in August 2022 an increase of 99% against the previous month. Over the period under review, average import prices reached the peak figure at $424 per unit in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From July 2022 to July 2023, the rate of growth in terms of prices for China amounted to +7.9% per month.
Video Game Console Price in South Africa (FOB) - 2022
In 2022, the average video game console export price amounted to $91 per unit, with a decrease of -32.5% against the previous year. Overall, the export price saw a abrupt descent. The pace of growth appeared the most rapid in 2016 an increase of 42% against the previous year. The export price peaked at $213 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Swaziland ($275 per unit), while the average price for exports to Angola ($18 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 Swaziland (+10.9%), while the prices for the other major destinations experienced mixed trend patterns.
Video Game Console Imports in South Africa
Video game console imports into South Africa stood at 182K units in 2022, approximately equating the year before. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 27%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, video game console imports fell slightly to $44M in 2022. Overall, imports, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Over the period under review, imports reached the peak figure at $46M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Video Game Console in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 31.5 | 27.7 | 33.0 | 41.1 | 9.3% |
| United Arab Emirates | 11.5 | 7.8 | 10.7 | N/A | -3.5% |
| Others | 3.1 | 1.2 | 1.6 | 2.4 | -8.2% |
| Total | 46.2 | 36.8 | 45.3 | 43.5 | -2.0% |
Top Suppliers of Video Game Console to South Africa in 2022:
- China (175.5K units)
- United Arab Emirates (0.3K units)
Video Game Console Exports in South Africa
In 2022, exports of video game consoles from South Africa surged to 19K units, increasing by 36% on the year before. Overall, exports showed a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 38% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, video game console exports contracted to $1.7M in 2022. Over the period under review, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. The exports peaked at $2.2M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Video Game Console in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 545 | 337 | 511 | 701 | 8.8% |
| Botswana | 382 | 472 | 544 | 408 | 2.2% |
| Swaziland | 86.4 | 38.6 | 23.3 | 216 | 35.7% |
| Zambia | 66.5 | 51.3 | 72.8 | 50.5 | -8.8% |
| Mozambique | 32.5 | 62.2 | 18.1 | 40.3 | 7.4% |
| Zimbabwe | 0.4 | 6.9 | 39.3 | 36.1 | 348.6% |
| Angola | 6.8 | 49.6 | 38.0 | 23.3 | 50.8% |
| United Kingdom | 316 | 297 | 416 | 20.3 | -59.9% |
| Lesotho | 57.0 | 51.4 | 18.3 | 17.2 | -32.9% |
| Democratic Republic of the Congo | 51.2 | 2.9 | 2.5 | 8.7 | -44.6% |
| Australia | 470 | N/A | 0.1 | N/A | -98.5% |
| Others | 202 | 292 | 177 | 186 | -2.7% |
| Total | 2,216 | 1,661 | 1,860 | 1,708 | -8.3% |
Top Export Markets for Video Game Console from South Africa in 2022:
- Namibia (8.1K units)
- Botswana (4.3K units)
- Angola (1.3K units)
- Zambia (1.3K units)
- Zimbabwe (0.8K units)
- Swaziland (0.8K units)
- Mozambique (0.8K units)
- Lesotho (0.3K units)
- United Kingdom (0.1K units)
- Democratic Republic of the Congo (0.1K units)
This report provides an in-depth analysis of the video game console market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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
-
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
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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
-
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 May 2023, the Video Game Console price in South Africa was $368 per unit (CIF), experiencing a decrease of -13.1% compared to the previous month.
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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 May 2023, the Video Game Console price in South Africa was $368 per unit (CIF), experiencing a decrease of -13.1% compared to the previous month.
1260
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...
2136
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...
163
Explore the top import markets for video game consoles worldwide, including the United States, Netherlands, Germany, Japan, and more. Get key statistics and insights from IndexBox market intelligence platform.
