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Spain - Video Game Consoles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSpain: Video Game Console Market 2024
Video Game Console Market Size in Spain
In 2022, after two years of growth, there was significant decline in the Spanish video game console market, when its value decreased by -7.6% to $X. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then contracted in the following year.
Video Game Console Production in Spain
In value terms, video game console production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, saw slight growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by 492% against the previous year. Video game console production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.
Video Game Console Exports
Exports from Spain
In 2022, video game console exports from Spain declined notably to X units, reducing by -32% on the previous year. Overall, exports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 169% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.
In value terms, video game console exports dropped dramatically to $X in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by 278% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
Exports by Country
France (X units) was the main destination for video game console exports from Spain, accounting for a 61% share of total exports. Moreover, video game console exports to France exceeded the volume sent to the second major destination, Italy (X units), threefold. The third position in this ranking was held by Portugal (X units), with a 3.8% share.
From 2012 to 2022, the average annual growth rate of volume to France amounted to +60.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+49.6% per year) and Portugal (-10.8% per year).
In value terms, France ($X) remains the key foreign market for video game consoles exports from Spain, comprising 62% of total exports. The second position in the ranking was held by Italy ($X), with a 27% share of total exports. It was followed by Portugal, with a 3.3% share.
From 2012 to 2022, the average annual growth rate of value to France stood at +77.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+71.6% per year) and Portugal (-5.6% per year).
Export Prices by Country
The average video game console export price stood at $X per unit in 2022, rising by 11% against the previous year. Over the period under review, the export price posted resilient growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 41%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.
Video Game Console Imports
Imports into Spain
After two years of growth, supplies from abroad of video game consoles decreased by -21.7% to X units in 2022. Over the period under review, imports showed a perceptible setback. The growth pace was the most rapid in 2016 when imports increased by 48%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.
In value terms, video game console imports plummeted to $X in 2022. In general, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2017 when imports increased by 94%. Imports peaked at $X in 2021, and then dropped remarkably in the following year.
Imports by Country
In 2022, China (X units) constituted the largest supplier of video game console to Spain, with a 40% share of total imports. Moreover, video game console imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The Netherlands (X units) ranked third in terms of total imports with a 14% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +16.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.2% per year) and the Netherlands (+7.5% per year).
In value terms, the largest video game console suppliers to Spain were Germany ($X), China ($X) and the Netherlands ($X), together accounting for 85% of total imports. Malaysia, Vietnam, France, Poland and the UK lagged somewhat behind, together comprising a further 13%.
In terms of the main suppliers, Vietnam, with a CAGR of +532.5%, recorded the highest rates of growth with regard to 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 average video game console import price amounted to $X per unit, surging by 2.4% against the previous year. Over the period under review, the import price saw a buoyant expansion. The pace of growth appeared the most rapid in 2014 an increase of 44%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for France ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+27.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the video game console market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26406050 - Video game consoles (not operated by means of payments)
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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