South-Eastern Asia: Video Game Console Market 2024

Video Game Console Market Size in South-Eastern Asia

The Southeast Asian video game console market fell slightly to $X in 2022, reducing by X% against the previous year. Overall, consumption showed a abrupt downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Video Game Console Production in South-Eastern Asia

In value terms, video game console production stood at $X in 2022 estimated in export price. Over the period under review, production saw a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Video Game Console Exports

Exports in South-Eastern Asia

Video game console exports skyrocketed to X units in 2022, rising by X% against 2021 figures. Over the period under review, exports posted a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, video game console exports soared to $X in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of export peaked in 2022 and is likely to continue growth in years to come.

Exports by Country

Vietnam represented the key exporting country with an export of around X units, which amounted to X% of total exports. Singapore (X units) took the second position in the ranking, followed by Malaysia (X units). All these countries together held approx. X% share of total exports.

Vietnam was also the fastest-growing in terms of the video game consoles exports, with a CAGR of X% from 2012 to 2022. At the same time, Malaysia (X%) displayed positive paces of growth. By contrast, Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam and Malaysia increased by X and X percentage points, respectively.

In value terms, Vietnam ($X) remains the largest video game console supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports.

In Vietnam, video game console exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, leveling off at the previous year. Export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of X% 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 export price decreased by X% against 2013 indices. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while Singapore ($X per unit) was amongst the lowest.

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

Video Game Console Imports

Imports in South-Eastern Asia

In 2022, supplies from abroad of video game consoles increased by X% to X units, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, saw a drastic downturn. The volume of import 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 skyrocketed to $X in 2022. In general, imports, however, continue to indicate a mild decline. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Singapore was the major importing country with an import of around X units, which reached X% of total imports. Thailand (X units) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Malaysia (X%) and Indonesia (X%). The following importers - the Philippines (X units) and Vietnam (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to video game console imports into Singapore stood at X%. At the same time, Thailand (X%), Vietnam (X%) and the Philippines (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) and Indonesia (X%) illustrated a downward trend over the same period. Thailand (X p.p.), the Philippines (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total imports, while Singapore, Malaysia and Indonesia saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, Singapore ($X) constitutes the largest market for imported video game consoles in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with an X% share of total imports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore totaled X%. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Malaysia (X% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price posted buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while Thailand ($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 Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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