Video Game Console Price in Lithuania - 2023
Contents:
- Video Game Console Price in Lithuania (FOB) - 2022
- Video Game Console Price in Lithuania (CIF) - 2022
- Video Game Console Exports in Lithuania
- Video Game Console Imports in Lithuania
Video Game Console Price in Lithuania (FOB) - 2022
The average video game console export price stood at $351 per unit in 2022, picking up by 13% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 21% against the previous year. The export price peaked at $424 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($495 per unit), while the average price for exports to Italy ($199 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 Kyrgyzstan (+214.7%), while the prices for the other major destinations experienced more modest paces of growth.
Video Game Console Price in Lithuania (CIF) - 2022
In 2022, the average video game console import price amounted to $399 per unit, with an increase of 15% against the previous year. Overall, the import price recorded a prominent increase. The growth pace was the most rapid in 2014 an increase of 110% against the previous year. Over the period under review, average import prices hit record highs at $451 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($617 per unit), while the price for China ($110 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+35.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Video Game Console Exports in Lithuania
In 2022, the amount of video game consoles exported from Lithuania reduced to 44K units, with a decrease of -9.1% on the previous year's figure. The total export volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. As a result, the exports attained the peak of 48K units, and then reduced in the following year.
In value terms, video game console exports reached $15M in 2022. Overall, exports saw a pronounced shrinkage. The exports peaked at $18M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Video Game Console in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kyrgyzstan | N/A | N/A | N/A | 4.8 | 0% |
| United States | 0.1 | 0.2 | 0.7 | 2.1 | 175.9% |
| Kazakhstan | N/A | N/A | N/A | 1.7 | 0% |
| Russia | 7.1 | 4.9 | 7.6 | 1.7 | -37.9% |
| United Kingdom | 6.6 | 5.5 | 1.3 | 0.9 | -48.5% |
| Georgia | N/A | N/A | N/A | 0.8 | 0% |
| Belarus | 0.1 | 0.2 | 0.6 | 0.7 | 91.3% |
| Finland | N/A | N/A | N/A | 0.6 | 0% |
| Latvia | 0.5 | 0.6 | 1.2 | 0.5 | 0.0% |
| Germany | 2.5 | 2.9 | 2.3 | 0.4 | -45.7% |
| Estonia | 0.4 | 0.2 | 0.9 | 0.3 | -9.1% |
| Armenia | N/A | N/A | N/A | 0.3 | 0% |
| Others | 0.4 | 1.2 | 0.5 | 0.6 | 14.5% |
| Total | 17.6 | 15.7 | 15.0 | 15.4 | -4.4% |
Top Export Markets for Video Game Console from Lithuania in 2022:
- Kyrgyzstan (12.2K units)
- Kazakhstan (7.3K units)
- United States (5.6K units)
- Russia (5.1K units)
- United Kingdom (3.2K units)
- Georgia (1.9K units)
- Belarus (1.5K units)
- Germany (1.3K units)
- Finland (1.2K units)
- Latvia (1.1K units)
- Armenia (0.9K units)
- Estonia (0.8K units)
Video Game Console Imports in Lithuania
After three years of growth, supplies from abroad of video game consoles decreased by -3.1% to 56K units in 2022. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 5.4%. Imports peaked at 58K units in 2021, and then dropped slightly in the following year.
In value terms, video game console imports rose sharply to $23M in 2022. In general, imports continue to indicate a mild downturn. Imports peaked at $25M in 2020; however, from 2021 to 2022, imports failed to regain momentum.
| Import of Video Game Console in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2.4 | 2.6 | 5.5 | 5.1 | 28.6% |
| Czech Republic | 2.2 | 1.9 | 2.0 | 3.5 | 16.7% |
| Hong Kong SAR | N/A | 0.1 | N/A | 2.8 | 429.2% |
| Germany | 0.7 | 0.6 | 2.0 | 2.2 | 46.5% |
| Sweden | 0.8 | 2.3 | 4.1 | 2.1 | 37.9% |
| Latvia | 1.7 | 2.1 | 2.1 | 1.8 | 1.9% |
| Slovakia | N/A | 0.1 | 0.2 | 1.6 | 300.0% |
| United Kingdom | 1.4 | 1.7 | 0.6 | 1.1 | -7.7% |
| France | 1.6 | 0.7 | 0.2 | 0.5 | -32.1% |
| Romania | 6.8 | 6.4 | 2.1 | 0.1 | -75.5% |
| Finland | 3.2 | 0.1 | N/A | 0.1 | -68.5% |
| Belarus | 2.2 | 4.4 | N/A | N/A | 100.0% |
| Others | 0.9 | 1.7 | 1.6 | 1.6 | 21.1% |
| Total | 23.8 | 24.8 | 20.3 | 22.5 | -1.9% |
Top Suppliers of Video Game Console to Lithuania in 2022:
- Poland (12.4K units)
- Czech Republic (8.7K units)
- Latvia (8.0K units)
- Hong Kong SAR (6.4K units)
- Germany (5.4K units)
- Sweden (4.3K units)
- Slovakia (2.5K units)
- United Kingdom (2.4K units)
- France (1.3K units)
- Finland (0.3K units)
- Romania (0.2K units)
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