Finland: Video Game Console Market 2024

Video Game Console Market Size in Finland

The Finnish video game console market shrank sharply to $X in 2022, falling by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a drastic downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Video Game Console Exports

Exports from Finland

In 2022, video game console exports from Finland soared to X units, growing by X% against the previous year's figure. Overall, exports, however, continue to indicate a abrupt decline. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, video game console exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X units), Kyrgyzstan (X units) and Kazakhstan (X units) were the main destinations of video game console exports from Finland, together accounting for X% of total exports. Sweden, the United States, Germany, Russia, Estonia, Austria, the UK, Poland, Japan and Lithuania lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for video game console exported from Finland were Kyrgyzstan ($X), the Netherlands ($X) and Kazakhstan ($X), with a combined X% share of total exports. The United States, Russia, Sweden, Germany, Estonia, Austria, the UK, Poland, Japan and Lithuania lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average video game console export price stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Japan ($X 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 Kazakhstan (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Video Game Console Imports

Imports into Finland

Video game console imports into Finland shrank dramatically to X units in 2022, which is down by X% on 2021. In general, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, video game console imports shrank rapidly to $X in 2022. Over the period under review, imports saw a pronounced contraction. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Sweden (X units) constituted the largest video game console supplier to Finland, with a X% share of total imports. Moreover, video game console imports from Sweden exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), sixfold. Germany (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Sweden totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Germany (X% per year).

In value terms, Sweden ($X) constituted the largest supplier of video game consoles (not operated by means of payments) to Finland, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with an X% share of total imports. It was followed by Estonia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Sweden amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Estonia (X% per year).

Import Prices by Country

In 2022, the average video game console import price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price enjoyed a resilient expansion. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Estonia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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