Benelux: Video Game Console Market 2023

Video Game Console Exports

Exports in Benelux

After three years of growth, shipments abroad of video game consoles (not operated by means of payments) decreased by -87% to X units in 2022. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 1,019%. Over the period under review, the exports attained the maximum at X units in 2021, and then contracted remarkably in the following year.

In value terms, video game console exports shrank dramatically to $X in 2022. Overall, exports, however, saw a notable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 830% against the previous year. The level of export peaked at $X in 2021, and then plummeted in the following year.

Exports by Country

In 2022, the Netherlands (X units) was the largest exporter of video game consoles (not operated by means of payments), achieving 87% of total exports. It was distantly followed by Belgium (X units), mixing up a 13% share of total exports.

The Netherlands was also the fastest-growing in terms of the video game consoles (not operated by means of payments) exports, with a CAGR of +6.1% from 2012 to 2022. Belgium (-13.7%) illustrated a downward trend over the same period. While the share of the Netherlands (+41 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (-40.4 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest video game console supplier in Benelux, comprising 89% of total exports. The second position in the ranking was held by Belgium ($X), with an 11% share of total exports.

In the Netherlands, video game console exports increased at an average annual rate of +7.2% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, jumping by 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2017 an increase of 28% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Belgium amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.6%).

Video Game Console Imports

Imports in Benelux

In 2022, overseas purchases of video game consoles (not operated by means of payments) decreased by -74.9% to X units for the first time since 2015, thus ending a six-year rising trend. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 291% against the previous year. The volume of import peaked at X units in 2021, and then shrank remarkably in the following year.

In value terms, video game console imports declined dramatically to $X in 2022. Over the period under review, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 290% against the previous year. The level of import peaked at $X in 2021, and then fell dramatically in the following year.

Imports by Country

The Netherlands was the main importing country with an import of about X units, which accounted for 85% of total imports. It was distantly followed by Belgium (X units), comprising a 14% share of total imports.

The Netherlands was also the fastest-growing in terms of the video game consoles (not operated by means of payments) imports, with a CAGR of +5.1% from 2012 to 2022. Belgium (-9.7%) illustrated a downward trend over the same period. While the share of the Netherlands (+29 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (-28 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported video game consoles (not operated by means of payments) in Benelux, comprising 85% of total imports. The second position in the ranking was taken by Belgium ($X), with a 14% share of total imports.

In the Netherlands, video game console imports increased at an average annual rate of +9.7% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, picking up by 15% against the previous year. Import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, video game console import price increased by +48.6% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per unit), while the Netherlands amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.6%).

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :