SADC: Video Game Console Market 2024

Video Game Console Market Size in SADC

The SADC video game console market skyrocketed to $X in 2022, rising by X% against the previous year. Over the period under review, consumption, however, showed a strong expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Video Game Console Production in SADC

In value terms, video game console production surged to $X in 2022 estimated in export price. Overall, production, however, continues to indicate significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

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Video Game Console Exports

Exports in SADC

In 2022, exports of video game consoles (not operated by means of payments) in SADC surged to X units, increasing by X% against the previous year's figure. Overall, exports, however, showed a relatively flat trend pattern. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, video game console exports shrank to $X in 2022. Over the period under review, exports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, South Africa (X units) was the largest exporter of video game consoles (not operated by means of payments) in SADC, comprising X% of total export.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of video game consoles (not operated by means of payments). While the share of South Africa (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest video game console supplier in SADC.

In South Africa, video game console exports declined by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, waning by X% against the previous year. In general, the export price recorded a deep contraction. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Video Game Console Imports

Imports in SADC

Video game console imports skyrocketed to X units in 2022, rising by X% on the previous year's figure. Overall, imports, however, saw a noticeable descent. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, video game console imports dropped to $X in 2022. Over the period under review, imports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Africa (X units) was the main importer of video game consoles (not operated by means of payments), achieving X% of total imports. It was distantly followed by Democratic Republic of the Congo (X units), Angola (X units) and Mauritius (X units), together mixing up a X% share of total imports. Mozambique (X units) held a minor share of total imports.

Imports into South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Democratic Republic of the Congo (X%) and Mauritius (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Mozambique (X%) and Angola (X%) illustrated a downward trend over the same period. While the share of Democratic Republic of the Congo (X p.p.), Angola (X p.p.), Mauritius (X p.p.) and Mozambique (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) constitutes the largest market for imported video game consoles (not operated by means of payments) in SADC, comprising X% of total imports. The second position in the ranking was taken by Mauritius ($X), with a X% share of total imports. It was followed by Angola, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa totaled X%. In the other countries, the average annual rates were as follows: Mauritius (X% per year) and Angola (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per unit, shrinking by X% against the previous year. In general, the import price showed a noticeable decline. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per unit), while Democratic Republic of the Congo ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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