Australia and Oceania: Video Game Console Market 2024

Video Game Console Market Size in Australia and Oceania

The video game console market in Australia and Oceania dropped modestly to $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, consumption, however, enjoyed prominent growth. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Video Game Console Production in Australia and Oceania

In value terms, video game console production contracted to $X in 2022 estimated in export price. In general, production, however, showed strong growth. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Video Game Console Exports

Exports in Australia and Oceania

In 2022, overseas shipments of video game consoles (not operated by means of payments) decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Total exports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2021, and then fell notably in the following year.

In value terms, video game console exports shrank dramatically to $X in 2022. Overall, exports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. The level of export peaked at $X in 2021, and then dropped dramatically in the following year.

Exports by Country

Australia dominates exports structure, amounting to X units, which was near X% of total exports in 2022. New Zealand (X units) took a minor share of total exports.

Australia was also the fastest-growing in terms of the video game consoles (not operated by means of payments) exports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia increased by X percentage points.

In value terms, Australia ($X) remains the largest video game console supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to X%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, picking up by X% against the previous year. Export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of X% 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 X% against 2019 indices. The growth pace was the most rapid in 2019 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while New Zealand totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Video Game Console Imports

Imports in Australia and Oceania

In 2022, approx. X units of video game consoles (not operated by means of payments) were imported in Australia and Oceania; increasing by X% against the previous year. Overall, imports showed a relatively flat trend pattern. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, video game console imports soared to $X in 2022. Total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Australia (X units) was the largest importer of video game consoles (not operated by means of payments), constituting X% of total imports. It was distantly followed by New Zealand (X units), creating a X% share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of video game consoles (not operated by means of payments). New Zealand experienced a relatively flat trend pattern. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported video game consoles (not operated by means of payments) in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia stood at X%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, waning by X% against the previous year. Import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of X% 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 increased by X% against 2015 indices. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2021, and then dropped modestly in the following year.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per unit), while Australia amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Source: IndexBox Platform

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