Southern Asia: Video Game Console Market 2025

Video Game Console Market Size in Southern Asia

The South Asian video game console market declined rapidly to $X in 2022, shrinking by -36.6% against the previous year. Over the period under review, consumption, however, continues to indicate significant growth. Over the period under review, the market attained the maximum level at $X in 2021, and then fell markedly in the following year.

Video Game Console Production in Southern Asia

In value terms, video game console production shrank to $X in 2022 estimated in export price. The total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -13.9% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 41%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Video Game Console Exports

Exports in Southern Asia

In 2022, video game console exports in Southern Asia fell dramatically to X units, waning by -38.2% on 2021. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 13,978%. The volume of export peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, video game console exports dropped to $X in 2022. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2013 with an increase of 17,035%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of video game consoles (not operated by means of payments), namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the video game consoles (not operated by means of payments) exports, with a CAGR of +8.2% from 2012 to 2022. From 2012 to 2022, the share of India increased by +97 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest video game console supplier in Southern Asia.

In India, video game console exports increased at an average annual rate of +12.0% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, increasing by 44% against the previous year. Over the last decade, it increased at an average annual rate of +5.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +3.5% per year.

Video Game Console Imports

Imports in Southern Asia

In 2022, the amount of video game consoles (not operated by means of payments) imported in Southern Asia dropped significantly to X units, with a decrease of -33.7% against the previous year's figure. Over the period under review, imports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 621%. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, video game console imports dropped sharply to $X in 2022. Overall, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 782% against the previous year. The level of import peaked at $X in 2021, and then declined markedly in the following year.

Imports by Country

India prevails in imports structure, resulting at X units, which was near 86% of total imports in 2022. Bangladesh (X units) held the second position in the ranking, followed by Afghanistan (X units). All these countries together took near 11% share of total imports. Maldives (X units) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to video game console imports into India stood at -4.8%. Maldives (-2.4%), Bangladesh (-4.4%) and Afghanistan (-7.5%) illustrated a downward trend over the same period. India (+86 p.p.) significantly strengthened its position in terms of the total imports, while Maldives, Bangladesh and Afghanistan saw its share reduced by -6.9%, -32.8% and -34.2% from 2012 to 2022, respectively.

In value terms, India ($X) constitutes the largest market for imported video game consoles (not operated by means of payments) in Southern Asia, comprising 93% of total imports. The second position in the ranking was held by Bangladesh ($X), with a 2.8% share of total imports. It was followed by Afghanistan, with a 2.2% share.

In India, video game console imports increased at an average annual rate of +2.6% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (-6.0% per year) and Afghanistan (-3.8% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, with a decrease of -5.2% against the previous year. Over the period under review, the import price, however, recorded a buoyant expansion. The growth pace was the most rapid in 2017 when the import price increased by 22% against the previous year. The level of import peaked at $X per unit in 2021, and then reduced in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was India ($X per unit), while Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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