MERCOSUR: Video Game Console Market 2024

Video Game Console Market Size in MERCOSUR

The MERCOSUR video game console market reduced modestly to $X in 2022, falling by X% against the previous year. Over the period under review, consumption, however, continues to indicate a noticeable curtailment. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Video Game Console Production in MERCOSUR

In value terms, video game console production fell slightly to $X in 2022 estimated in export price. Over the period under review, production saw a pronounced downturn. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

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Video Game Console Exports

Exports in MERCOSUR

In 2022, shipments abroad of video game consoles (not operated by means of payments) decreased by X% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by X%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, video game console exports fell remarkably to $X in 2022. Overall, exports recorded a noticeable decrease. The growth pace was the most rapid in 2020 when exports increased by X%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Brazil represented the largest exporter of video game consoles (not operated by means of payments) in MERCOSUR, with the volume of exports resulting at X units, which was approx. X% of total exports in 2022. It was distantly followed by Chile (X units), making up a X% share of total exports. The following exporters - Colombia (X units) and Peru (X units) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Peru (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Chile ($X) remains the largest video game console supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

In Chile, video game console exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (X% per year) and Colombia (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the export price recorded a pronounced slump. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Chile ($X per unit), while Peru ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced a decline in the export price figures.

Video Game Console Imports

Imports in MERCOSUR

In 2022, supplies from abroad of video game consoles (not operated by means of payments) increased by X% to X units, rising for the third consecutive year after two years of decline. In general, imports, however, continue to indicate a abrupt descent. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, video game console imports soared to $X in 2022. Overall, imports, however, showed a pronounced curtailment. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X units) was the largest importer of video game consoles (not operated by means of payments), generating X% of total imports. Chile (X units) ranks second in terms of the total imports with a X% share, followed by Colombia (X%), Argentina (X%), Peru (X%) and Paraguay (X%). Ecuador (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to video game console imports into Brazil stood at X%. At the same time, Ecuador (X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Chile (X%), Peru (X%), Colombia (X%), Argentina (X%) and Paraguay (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil and Chile increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest video game console importing markets in MERCOSUR were Brazil ($X), Chile ($X) and Colombia ($X), together comprising X% of total imports.

Among the main importing countries, Brazil, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the import price in MERCOSUR amounted to $X per unit, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 Paraguay ($X per unit), while Ecuador ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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