China: Coin Game Market 2024

Coin Game Market Size in China

In 2022, the Chinese coin game market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption saw a resilient expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Coin Game Production in China

In value terms, coin game production declined to $X in 2022 estimated in export price. Over the period under review, production saw strong growth. The pace of growth appeared the most rapid in 2019 with an increase of 103% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Coin Game Exports

Exports from China

Coin game exports from China skyrocketed to X units in 2022, increasing by 67% against 2021 figures. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 107%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, coin game exports soared to $X in 2022. In general, total exports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +100.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 52%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In value terms, the United States ($X) emerged as the key foreign market for games operated by coins, banknotes or discs exports from China, comprising 27% of total exports. The second position in the ranking was taken by Japan ($X), with a 13% share of total exports. It was followed by Australia, with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +22.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-10.8% per year) and Australia (+9.1% per year).

Export Prices by Country

The average coin game export price stood at $X per unit in 2022, with a decrease of -21.1% against the previous year. Overall, the export price recorded a sharp descent. The most prominent rate of growth was recorded in 2013 a decrease of -4% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Singapore ($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 South Korea (-22.3%), while the prices for the other major destinations experienced a decline.

Coin Game Imports

Imports into China

Coin game imports into China skyrocketed to X units in 2022, increasing by 82% against the year before. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 119%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, coin game imports expanded sharply to $X in 2022. Overall, imports showed a perceptible increase. The most prominent rate of growth was recorded in 2021 with an increase of 95% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Japan (X units) constituted the largest coin game supplier to China, with a 17% share of total imports. Moreover, coin game imports from Japan exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold. The third position in this ranking was taken by South Korea (X units), with a 0.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan totaled +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+25.3% per year) and South Korea (+37.1% per year).

In value terms, the largest coin game suppliers to China were Japan ($X), South Korea ($X) and the United States ($X), together accounting for 41% of total imports.

Among the main suppliers, South Korea, with a CAGR of +21.7%, saw the highest growth rate of the value of imports, 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 a decrease of -42.1% against the previous year. Over the period under review, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of 69% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average 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 South Korea ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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