Scandinavia: Coin Game Market 2022

Coin Game Market Size in Scandinavia

The Scandinavia coin game market reduced notably to $X in 2021, with a decrease of -25.2% against the previous year. Over the period under review, consumption saw a abrupt decline. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Coin Game Production in Scandinavia

In value terms, coin game production declined rapidly to $X in 2021 estimated in export price. Overall, production recorded a mild increase. The pace of growth was the most pronounced in 2017 when the production volume increased by 518%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Coin Game Exports

Exports in Scandinavia

In 2021, exports of games operated by coins, banknotes or discs in Scandinavia soared to X units, growing by 246% on the previous year's figure. In general, exports recorded a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, coin game exports contracted to $X in 2021. Over the period under review, exports continue to indicate a perceptible increase. The pace of growth appeared the most rapid in 2018 when exports increased by 126%. Over the period under review, the exports hit record highs at $X in 2020, and then contracted in the following year.

Exports by Country

Denmark dominates exports structure, finishing at X units, which was near 96% of total exports in 2021. Sweden (X units) and Norway (X units) followed a long way behind the leaders.

Exports from Denmark increased at an average annual rate of +20.8% from 2012 to 2021. At the same time, Norway (+66.6%) and Sweden (+6.5%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +66.6% from 2012-2021. While the share of Denmark (+7.4 p.p.) and Norway (+1.5 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Sweden (-4.9 p.p.) displayed negative dynamics.

In value terms, Sweden ($X) remains the largest coin game supplier in Scandinavia, comprising 62% of total exports. The second position in the ranking was held by Norway ($X), with a 22% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Sweden amounted to +23.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Norway (+55.1% per year) and Denmark (-14.3% per year).

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per unit, dropping by -72.9% against the previous year. Overall, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 when the export price increased by 281%. Over the period under review, the export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Sweden ($X per unit), while Denmark ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+15.9%), while the other leaders experienced a decline in the export price figures.

Coin Game Imports

Imports in Scandinavia

In 2021, supplies from abroad of games operated by coins, banknotes or discs decreased by -8.9% to X units, falling for the third consecutive year after two years of growth. In general, imports showed a noticeable reduction. The pace of growth was the most pronounced in 2018 with an increase of 236% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, coin game imports fell to $X in 2021. Total imports indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -11.8% against 2018 indices. The pace of growth was the most pronounced in 2017 with an increase of 42% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Sweden (X units) and Denmark (X units) represented the major importers of games operated by coins, banknotes or discs in 2021, recording approx. 39% and 33% of total imports, respectively. It was distantly followed by Norway (X units) and Finland (X units), together mixing up a 27% share of total imports.

From 2012 to 2021, the biggest increases were in Norway (with a CAGR of +6.1%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest coin game importing markets in Scandinavia were Norway ($X), Sweden ($X) and Finland ($X), together comprising 93% of total imports.

Among the main importing countries, Norway, with a CAGR of +21.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Scandinavia stood at $X per unit in 2021, picking up by 7.3% against the previous year. Overall, the import price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2019 when the import price increased by 77% against the previous year. Over the period under review, import prices attained the maximum in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Finland ($X per unit), while Denmark ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+14.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform