Report Update Apr 1, 2024

Thailand - Video Game Consoles - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Thailand: Video Game Console Market 2024

Video Game Console Exports

Exports from Thailand

Video game console exports from Thailand skyrocketed to X units in 2022, jumping by 149% against 2021 figures. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 2,116%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, video game console exports soared to $X in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 1,273% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The Philippines (X units) was the main destination for video game console exports from Thailand, accounting for a 55% share of total exports. Moreover, video game console exports to the Philippines exceeded the volume sent to the second major destination, Japan (X units), fourfold. The third position in this ranking was taken by Sweden (X units), with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Philippines totaled +119.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+49.2% per year) and Sweden (+32.3% per year).

In value terms, the largest markets for video game console exported from Thailand were the Philippines ($X), Singapore ($X) and Hong Kong SAR ($X), together comprising 73% of total exports. These countries were followed by Japan, Sweden, the United States, the UK, South Korea, Israel and Malaysia, which together accounted for a further 22%.

In terms of the main countries of destination, the United States, with a CAGR of +140.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average video game console export price amounted to $X per unit, dropping by -25.6% against the previous year. In general, the export price showed a abrupt contraction. The pace of growth was the most pronounced in 2013 when the average export price increased by 93%. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to the UK ($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 the United States (+14.2%), while the prices for the other major destinations experienced a decline.

Video Game Console Imports

Imports into Thailand

In 2022, purchases abroad of video game consoles increased by 32% to X units, rising for the second consecutive year after two years of decline. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 168% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, video game console imports soared to $X in 2022. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 193% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X units) was the main video game console supplier to Thailand, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at +43.6%.

In value terms, China ($X) constituted the largest supplier of video game consoles to Thailand.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +34.8%.

Import Prices by Country

In 2022, the average video game console import price amounted to $X per unit, waning by -11.9% against the previous year. In general, the import price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2017 an increase of 55%. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -6.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for video game consoles in the world?

The United States remains the largest video game console consuming country worldwide, comprising approx. 54% of total volume. Moreover, video game console consumption in the United States exceeded the figures recorded by the second-largest consumer, Japan, sixfold. China ranked third in terms of total consumption with an 8.1% share.

What are the largest producers of video game consoles in the world?

The country with the largest volume of video game console production was China, accounting for 77% of total volume. Moreover, video game console production in China exceeded the figures recorded by the second-largest producer, Japan, ninefold. The third position in this ranking was taken by Vietnam, with a 4.2% share.

What are the leading suppliers of video game consoles to Thailand?

In value terms, China constituted the largest supplier of video game consoles to Thailand.

What are the leading importers of video game consoles from Thailand?

In value terms, the Philippines, Singapore and Hong Kong SAR constituted the largest markets for video game console exported from Thailand worldwide, together comprising 73% of total exports. These countries were followed by Japan, Sweden, the United States, the UK, South Korea, Israel and Malaysia, which together accounted for a further 22%.

What is the average export price for video game consoles in Thailand?

In 2022, the average video game console export price amounted to $65 per unit, reducing by -25.6% against the previous year.

What is the average import price for video game consoles in Thailand?

The average video game console import price stood at $125 per unit in 2022, dropping by -11.9% against the previous year.

This report provides an in-depth analysis of the video game console market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 26406050 - Video game consoles (not operated by means of payments)

Country coverage:

Thailand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Thailand
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023