Video Game Console Price in Nepal - 2022
Contents:
Video Game Console Price in Nepal (CIF) - 2022
In 2022, the average video game console import price amounted to $460 per unit, surging by 3.4% against the previous year. Overall, the import price enjoyed buoyant growth. The pace of growth was the most pronounced in 2014 an increase of 40% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($543 per unit), while the price for China ($469 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Video Game Console Imports in Nepal
In 2022, overseas purchases of video game consoles increased by 229% to 204 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, video game console imports surged to $94K in 2022. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Video Game Console in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.3 | 24.1 | 9.4 | 84.9 | 81.1% |
| India | 5.3 | N/A | 0.5 | 4.9 | -2.6% |
| Malaysia | 1.3 | 1.1 | 0.1 | 0.2 | -46.4% |
| Singapore | 9.7 | 11.9 | 6.7 | N/A | -16.9% |
| Israel | 8.9 | N/A | N/A | N/A | 0% |
| Others | 1.6 | 3.6 | 10.8 | 3.8 | 33.4% |
| Total | 41.2 | 40.7 | 27.6 | 93.8 | 31.6% |
Top Suppliers of Video Game Console to Nepal in 2022:
- China (181.0 units)
- India (10.0 units)
- Malaysia (1.0 units)
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