Norway: Coin Game Market 2024

Coin Game Market Size in Norway

After two years of growth, the Norwegian coin game market decreased by X% to $X in 2022. Over the period under review, consumption, however, recorded a strong expansion. Coin game consumption peaked at $X in 2021, and then contracted dramatically in the following year.

Coin Game Exports

Exports from Norway

For the third consecutive year, Norway recorded growth in overseas shipments of games operated by coins, banknotes or discs, which increased by X% to X units in 2022. Over the period under review, exports saw a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, coin game exports shrank significantly to $X in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then dropped significantly in the following year.

Exports by Country

Sweden (X units) was the main destination for coin game exports from Norway, with a X% share of total exports. Moreover, coin game exports to Sweden exceeded the volume sent to the second major destination, Denmark (X units), more than tenfold. The United States (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 Sweden totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and the United States (X% per year).

In value terms, Sweden ($X) remains the key foreign market for games operated by coins, banknotes or discs exports from Norway, comprising X% of total exports. The second position in the ranking was taken by Denmark ($X), with an X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Sweden totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and the United States (X% per year).

Export Prices by Country

The average coin game export price stood at $X per unit in 2022, dropping by X% against the previous year. In general, the export price, however, recorded a significant expansion. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($X per unit), while the average price for exports to Sweden ($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 Estonia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Coin Game Imports

Imports into Norway

In 2022, overseas purchases of games operated by coins, banknotes or discs decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X units in 2021, and then contracted sharply in the following year.

In value terms, coin game imports declined markedly to $X in 2022. Over the period under review, imports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then fell markedly in the following year.

Imports by Country

China (X units), the UK (X units) and Sweden (X units) were the main suppliers of coin game imports to Norway, with a combined X% share of total imports. Hong Kong SAR, Spain, the United States, Italy, Poland, Austria, Germany, Denmark and Hungary lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest coin game suppliers to Norway were the United States ($X), Spain ($X) and the UK ($X), with a combined X% share of total imports. Poland, China, Italy, Austria, Sweden, Hong Kong SAR, Germany, Denmark and Hungary lagged somewhat behind, together comprising a further X%.

Austria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average coin game import price amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price, however, recorded a abrupt descent. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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