Luxembourg: Video Game Console Market 2024

Video Game Console Market Size in Luxembourg

The Luxembourg video game console market contracted modestly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption faced a abrupt descent. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Video Game Console Production in Luxembourg

In value terms, video game console production declined slightly to $X in 2022 estimated in export price. In general, production faced a drastic downturn. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Video Game Console Exports

Exports from Luxembourg

In 2022, the amount of video game consoles (not operated by means of payments) exported from Luxembourg soared to X units, growing by X% on the year before. Over the period under review, exports, however, showed a abrupt curtailment. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, video game console exports surged to $X in 2022. In general, exports, however, showed a significant curtailment. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X units) was the main destination for video game console exports from Luxembourg, accounting for a X% share of total exports. Moreover, video game console exports to Belgium exceeded the volume sent to the second major destination, Turkey (X units), twofold. France (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and France (X% per year).

In value terms, the largest markets for video game console exported from Luxembourg were Belgium ($X), Turkey ($X) and France ($X), with a combined X% share of total exports.

France, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 continues to indicate a deep slump. The growth pace was the most rapid in 2020 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Belgium ($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 Malta (X%), while the prices for the other major destinations experienced mixed trend patterns.

Video Game Console Imports

Imports into Luxembourg

In 2022, approx. X units of video game consoles (not operated by means of payments) were imported into Luxembourg; which is down by X% compared with 2021 figures. Overall, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, video game console imports contracted rapidly to $X in 2022. Over the period under review, imports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Belgium (X units) constituted the largest video game console supplier to Luxembourg, with a X% share of total imports. Moreover, video game console imports from Belgium exceeded the figures recorded by the second-largest supplier, France (X units), fivefold. The third position in this ranking was taken by Germany (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Germany (X% per year).

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

From 2012 to 2022, the average annual growth rate of value from Belgium was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average video game console import price amounted to $X per unit, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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