Peru: Coin Game Market 2024

Coin Game Market Size in Peru

In 2022, the Peruvian coin game market increased by 76% to $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, showed a abrupt slump. Coin game consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Coin Game Production in Peru

In value terms, coin game production soared to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a deep reduction. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Coin Game Exports

Exports from Peru

In 2022, approx. X units of games operated by coins, banknotes or discs were exported from Peru; shrinking by -37.1% on 2021. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 763% against the previous year. As a result, the exports attained the peak of X units, and then declined rapidly in the following year.

In value terms, coin game exports dropped sharply to $X in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 883%. As a result, the exports reached the peak of $X, and then fell rapidly in the following year.

Exports by Country

Chile (X units), the United States (X units) and Mexico (X units) were the main destinations of coin game exports from Peru, together accounting for 84% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +54.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for games operated by coins, banknotes or discs exports from Peru, comprising 47% of total exports. The second position in the ranking was held by Colombia ($X), with a 21% share of total exports. It was followed by Argentina, with a 20% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +33.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+51.2% per year) and Argentina (+35.0% per year).

Export Prices by Country

The average coin game export price stood at $X per unit in 2022, dropping by -12.4% against the previous year. In general, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 58% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2017; however, from 2018 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 Argentina ($X per unit), while the average price for exports to Mexico ($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 Nicaragua (+9.1%), while the prices for the other major destinations experienced mixed trend patterns.

Coin Game Imports

Imports into Peru

In 2022, supplies from abroad of games operated by coins, banknotes or discs was finally on the rise to reach X units after three years of decline. Over the period under review, imports, however, showed a sharp descent. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, coin game imports soared to $X in 2022. In general, imports, however, continue to indicate a sharp contraction. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Spain (X units), China (X units) and Mexico (X units) were the main suppliers of coin game imports to Peru, together comprising 69% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +10.7%), while imports for the other leaders experienced a decline.

In value terms, the United States ($X) constituted the largest supplier of games operated by coins, banknotes or discs to Peru, comprising 39% of total imports. The second position in the ranking was taken by Austria ($X), with a 15% share of total imports. It was followed by Mexico, with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to -22.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-23.6% per year) and Mexico (+29.4% per year).

Import Prices by Country

In 2022, the average coin game import price amounted to $X per unit, with an increase of 77% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coin game import price increased by +96.3% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Canada ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+33.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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