Portugal: Video Game Console Market 2024

Video Game Console Exports

Exports from Portugal

In 2022, overseas shipments of video game consoles (not operated by means of payments) decreased by -40.3% to X units, falling for the third year in a row after two years of growth. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2014 when exports increased by 216%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, video game console exports dropped dramatically to $X in 2022. In general, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 201%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Angola (X units), Spain (X units) and the United States (X units) were the main destinations of video game console exports from Portugal, with a combined 66% share of total exports. These countries were followed by Jordan, Italy, Kuwait, Denmark, the UK, China and the Philippines, which together accounted for a further 28%.

From 2012 to 2022, the biggest increases were recorded for Kuwait (with a CAGR of +148.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Angola ($X) and Italy ($X) appeared to be the largest markets for video game console exported from Portugal worldwide, together comprising 62% of total exports. The United States, Denmark, Kuwait, Jordan, the UK, the Philippines and China lagged somewhat behind, together comprising a further 30%.

In terms of the main countries of destination, China, with a CAGR of +373.5%, recorded the highest rates of growth with regard to 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, waning by -12.9% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.4% 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 -24.3% against 2020 indices. The growth pace was the most rapid in 2020 an increase of 48%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the average 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 Italy ($X per unit), while the average price for exports to China ($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 (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Video Game Console Imports

Imports into Portugal

Video game console imports into Portugal contracted to X units in 2022, with a decrease of -10.6% on 2021 figures. In general, imports recorded a perceptible reduction. The pace of growth was the most pronounced in 2014 with an increase of 35% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, video game console imports contracted to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 37%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X units), Spain (X units) and Ireland (X units) were the main suppliers of video game console imports to Portugal, with a combined 85% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +162.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the Netherlands ($X) and Ireland ($X) constituted the largest video game console suppliers to Portugal, together comprising 93% of total imports.

In terms of the main suppliers, Ireland, with a CAGR of +122.3%, saw the highest rates of growth with regard to 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

The average video game console import price stood at $X per unit in 2022, reducing by -2.6% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.9% 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 import price decreased by -7.9% against 2020 indices. The growth pace was the most rapid in 2016 when the average import price increased by 24% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :