Video Game Console Price in Serbia - 2023

Contents:

  1. Video Game Console Price in Serbia (CIF) - 2023
  2. Video Game Console Price in Serbia (FOB) - 2022
  3. Video Game Console Imports in Serbia
  4. Video Game Console Exports in Serbia

Video Game Console Price in Serbia (CIF) - 2023

The average video game console import price stood at $209 per unit in September 2023, reducing by -10.4% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 an increase of 98% m-o-m. The import price peaked at $504 per unit in May 2023; however, from June 2023 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($234 per unit), while the price for Slovenia stood at $112 per unit.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Video Game Console Price in Serbia (FOB) - 2022

The average video game console export price stood at $268 per unit in 2022, increasing by 21% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 63%. Over the period under review, the average export prices hit record highs at $303 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($718 per unit), while the average price for exports to Hungary ($21 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 Germany (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.

Video Game Console Imports in Serbia

In 2022, the amount of video game consoles imported into Serbia declined markedly to 5.7K units, which is down by -29% compared with 2021 figures. In general, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 10% against the previous year. As a result, imports attained the peak of 8.1K units, and then reduced rapidly in the following year.

In value terms, video game console imports fell remarkably to $1.8M in 2022. Overall, imports saw a perceptible reduction. The pace of growth was the most pronounced in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of $2.4M, and then contracted remarkably in the following year.

Import of Video Game Console in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,2821,2601,7441,5596.7%
United Kingdom49.527.331212235.1%
Belgium23.633.1N/A30.38.7%
Netherlands430377N/A0.3-91.1%
Spain42.873.50.8N/A-86.3%
Others12920034682.1-14.0%
Total1,9571,9712,4021,794-2.9%

Top Suppliers of Video Game Console to Serbia in 2022:

  1. Netherlands (undefinedK units)
  2. China (5.1K units)
  3. United Kingdom (0.3K units)
  4. Belgium (0.1K units)

Video Game Console Exports in Serbia

After two years of decline, shipments abroad of video game consoles increased by 319% to 4.6K units in 2022. In general, exports saw a perceptible expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, video game console exports surged to $1.2M in 2022. Over the period under review, exports enjoyed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Video Game Console in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A8560%
Germany57.1N/AN/A17745.8%
Montenegro39834617840.8-53.2%
HungaryN/AN/AN/A39.90%
NetherlandsN/AN/AN/A32.80%
North Macedonia2.12.717.121.5117.1%
Slovenia4.80.415.121.063.6%
United Kingdom161N/AN/A2.9-73.8%
Croatia60.4N/AN/AN/A0%
Denmark52.5163N/AN/A210.5%
Others43.028.232.335.4-6.3%
Total7785412421,22716.4%

Top Export Markets for Video Game Console from Serbia in 2022:

  1. Hungary (1938.0 units)
  2. Russia (1192.0 units)
  3. Germany (464.0 units)
  4. Slovenia (348.0 units)
  5. North Macedonia (145.0 units)
  6. Montenegro (118.0 units)
  7. Netherlands (102.0 units)
  8. United Kingdom (51.0 units)

Source: IndexBox Market Intelligence Platform

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