Video Game Console Price in Guatemala - 2023
Contents:
- Video Game Console Price in Guatemala (CIF) - 2022
- Video Game Console Price in Guatemala (FOB) - 2022
- Video Game Console Imports in Guatemala
- Video Game Console Exports in Guatemala
Video Game Console Price in Guatemala (CIF) - 2022
In 2022, the average video game console import price amounted to $253 per unit, with an increase of 71% against the previous year. In general, the import price continues to indicate a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($628 per unit), while the price for the United States ($54 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+45.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Video Game Console Price in Guatemala (FOB) - 2022
In 2022, the average video game console export price amounted to $35 per unit, declining by -19.3% against the previous year. Over the period under review, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 58%. The export price peaked at $125 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($77 per unit), while the average price for exports to Italy ($11 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 (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.
Video Game Console Imports in Guatemala
In 2022, overseas purchases of video game consoles decreased by -14% to 40K units, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 2.6%. As a result, imports attained the peak of 50K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, video game console imports surged to $10M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Video Game Console in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.2 | 0.2 | 2.6 | 8.3 | 246.2% |
| Japan | N/A | N/A | 0.3 | 1.0 | 233.3% |
| United States | 9.5 | 6.9 | 3.8 | 0.5 | -62.5% |
| Others | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Total | 9.7 | 7.2 | 6.8 | 10.0 | 1.0% |
Top Suppliers of Video Game Console to Guatemala in 2022:
- China (26.8K units)
- United States (9.6K units)
- Japan (1.5K units)
Video Game Console Exports in Guatemala
In 2022, approx. 1.4K units of video game consoles were exported from Guatemala; which is down by -10.1% on the previous year's figure. Overall, exports, however, saw a strong expansion. The growth pace was the most rapid in 2021 with an increase of 95%. As a result, the exports attained the peak of 1.6K units, and then contracted in the following year.
In value terms, video game console exports declined remarkably to $50K in 2022. Over the period under review, exports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 169%. As a result, the exports attained the peak of $69K, and then dropped notably in the following year.
| Export of Video Game Console in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 25.5 | 7.4 | 59.7 | 33.4 | 9.4% |
| Honduras | 4.5 | 0.5 | 5.5 | 8.0 | 21.1% |
| El Salvador | 0.9 | 14.2 | N/A | 2.5 | 40.6% |
| Ecuador | 0.4 | N/A | 0.2 | 1.6 | 58.7% |
| Belize | N/A | N/A | N/A | 1.5 | 0% |
| Mexico | 0.1 | 1.2 | 0.4 | 1.4 | 141.0% |
| Italy | N/A | N/A | 0.6 | 0.5 | -16.7% |
| Nicaragua | 2.0 | 0.2 | N/A | N/A | -90.0% |
| Others | 1.3 | 2.2 | 2.6 | 1.0 | -8.4% |
| Total | 34.6 | 25.6 | 68.8 | 49.9 | 13.0% |
Top Export Markets for Video Game Console from Guatemala in 2022:
- United States (436.0 units)
- Honduras (411.0 units)
- Belize (133.0 units)
- Ecuador (119.0 units)
- El Salvador (94.0 units)
- Mexico (85.0 units)
- Italy (44.0 units)
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