U.S. - Video Game Consoles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVideo Game Console Price in the United States - 2023
Contents:
- Video Game Console Price in the United States (CIF) - 2023
- Video Game Console Price in the United States (FOB) - 2022
- Video Game Console Imports in the United States
- Video Game Console Exports in the United States
Video Game Console Price in the United States (CIF) - 2023
In August 2023, the average video game console import price amounted to $157 per unit, waning by -15.4% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 28% against the previous month. Over the period under review, average import prices hit record highs at $195 per unit in November 2022; however, from December 2022 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Vietnam ($212 per unit), while the price for Japan ($28.1 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 Japan (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Video Game Console Price in the United States (FOB) - 2022
In 2022, the average video game console export price amounted to $65 per unit, dropping by -32.4% against the previous year. In general, the export price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2017 an increase of 8.9% against the previous year. As a result, the export price attained the peak level of $361 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
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 Canada ($237 per unit), while the average price for exports to Mexico ($30 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 Canada (-1.7%), while the prices for the other major destinations experienced a decline.
Video Game Console Imports in the United States
In 2022, the amount of video game consoles imported into the United States soared to 75M units, picking up by 52% on the year before. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 139%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, video game console imports skyrocketed to $11.3B in 2022. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 57%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Video Game Console in the United States (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.5 | 5.0 | 8.7 | 10.2 | 42.8% |
| Vietnam | 0.3 | 0.9 | 0.6 | 0.9 | 44.2% |
| Japan | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Others | 0.1 | 0.2 | 0.2 | 0.1 | 0.0% |
| Total | 4.0 | 6.2 | 9.6 | 11.3 | 41.4% |
Top Suppliers of Video Game Console to the United States in 2022:
- China (68.3M units)
- Vietnam (4.3M units)
- Japan (1.7M units)
Video Game Console Exports in the United States
In 2022, approx. 18M units of video game consoles were exported from the United States; picking up by 48% on 2021. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 73%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, video game console exports declined modestly to $1.2B in 2022. The total export value increased at an average annual rate of +11.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 17% against the previous year. As a result, the exports reached the peak of $1.2B, leveling off in the following year.
| Export of Video Game Console in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 361 | 498 | 566 | 484 | 10.3% |
| Mexico | 277 | 299 | 345 | 353 | 8.4% |
| Brazil | 20.2 | 14.2 | 25.0 | 32.5 | 17.2% |
| Chile | 44.3 | 36.1 | 61.2 | 30.7 | -11.5% |
| Hong Kong SAR | 12.3 | 21.2 | 8.6 | 24.1 | 25.1% |
| Colombia | 23.0 | 15.1 | 25.4 | 23.4 | 0.6% |
| Peru | 22.1 | 16.3 | 23.0 | 20.8 | -2.0% |
| Taiwan (Chinese) | 0.7 | 3.0 | 3.3 | 12.0 | 157.8% |
| Others | 94.1 | 98.6 | 116 | 193 | 27.1% |
| Total | 855 | 1,001 | 1,173 | 1,173 | 11.1% |
Top Export Markets for Video Game Console from the United States in 2022:
- Mexico (11.6M units)
- Canada (2.0M units)
- Chile (0.6M units)
- Brazil (0.5M units)
- Hong Kong SAR (0.5M units)
- Peru (0.4M units)
- Taiwan (Chinese) (0.3M units)
- Colombia (0.2M units)
This report provides an in-depth analysis of the video game console market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
-
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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The average video game console import price stood at $152 per unit in August 2022, dropping by -8% against 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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The average video game console import price stood at $152 per unit in August 2022, dropping by -8% against the previous month.
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