Report Update: May 1, 2024

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

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Video Game Console Price in Spain - 2023

Video Game Console Price in Spain (CIF) - 2023

The average video game console import price stood at $665 per unit in July 2023, with a decrease of -12.3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in January 2023 an increase of 55% month-to-month. As a result, import price reached the peak level of $792 per unit. From February 2023 to July 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($1,963 per unit), while the price for Poland ($171 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Video Game Console Price in Spain (FOB) - 2023

The average video game console export price stood at $336 per unit in July 2023, shrinking by -68% against the previous month. Over the period under review, the export price saw a abrupt curtailment. The pace of growth appeared the most rapid in June 2023 an increase of 15% month-to-month. As a result, the export price attained the peak level of $1,050 per unit, and then shrank significantly in the following month.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was the UK ($412 per unit), while the average price for exports to Germany ($181 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+0.6%), while the prices for the other major destinations experienced a decline.

Video Game Console Imports in Spain

In 2022, purchases abroad of video game consoles decreased by -21.7% to 1.6M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, imports attained the peak of 2M units, and then contracted markedly in the following year.

In value terms, video game console imports declined rapidly to $963M in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 31%. As a result, imports attained the peak of $1.2B, and then dropped remarkably in the following year.

Import of Video Game Console in Spain (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	4.8	17.5	305	391	333.5%
China	750	646	625	360	-21.7%
Netherlands	18.3	13.3	37.6	65.4	52.9%
Malaysia	N/A	11.7	113	56.0	118.8%
Vietnam	N/A	71.7	46.9	42.9	-22.6%
France	8.4	16.4	19.1	19.2	31.7%
Poland	13.8	112	32.8	10.1	-9.9%
Others	26.1	29.7	21.0	17.8	-12.0%
Total	821	919	1,200	963	5.5%

Top Suppliers of Video Game Console to Spain in 2022:

China (629.6K units)
Germany (276.3K units)
Netherlands (227.9K units)
France (160.3K units)
Malaysia (98.4K units)
Poland (63.4K units)
Vietnam (58.2K units)

Video Game Console Exports in Spain

In 2022, approx. 751K units of video game consoles were exported from Spain; waning by -32% compared with the year before. Overall, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 6.2% against the previous year. As a result, the exports attained the peak of 1.1M units, and then reduced rapidly in the following year.

In value terms, video game console exports reduced remarkably to $628M in 2022. In general, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 9.4%. As a result, the exports reached the peak of $859M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Video Game Console in Spain (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	519	513	500	390	-9.1%
Italy	154	220	217	167	2.7%
Portugal	58.1	53.0	30.2	20.9	-28.9%
Poland	14.7	7.5	27.7	17.5	6.0%
Germany	6.6	17.7	22.1	13.3	26.3%
United Kingdom	9.5	26.0	7.5	4.5	-22.0%
Others	23.2	21.5	29.6	15.0	-13.5%
Total	785	859	834	628	-7.2%

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

France (457.3K units)
Italy (173.5K units)
Portugal (28.6K units)
Poland (26.4K units)
Germany (21.5K units)
United Kingdom (10.6K units)

Source: IndexBox Market Intelligence Platform

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

Spain

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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