Western Africa: Video Game Console Market 2024

Video Game Console Market Size in Western Africa

The West African video game console market reduced modestly to $X in 2022, which is down by X% against the previous year. In general, consumption continues to indicate a mild slump. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Video Game Console Production in Western Africa

In value terms, video game console production dropped to $X in 2022 estimated in export price. Overall, production showed a mild shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of X%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Video Game Console Exports

Exports in Western Africa

In 2022, overseas shipments of video game consoles (not operated by means of payments) increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, video game console exports reduced dramatically to $X in 2022. Overall, exports posted strong growth. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then shrank notably in the following year.

Exports by Country

Cote d'Ivoire represented the largest exporter of video game consoles (not operated by means of payments) in Western Africa, with the volume of exports accounting for X units, which was approx. X% of total exports in 2022. It was distantly followed by Sierra Leone (X units), Guinea (X units), Mali (X units) and Ghana (X units), together generating a X% share of total exports.

Cote d'Ivoire was also the fastest-growing in terms of the video game consoles (not operated by means of payments) exports, with a CAGR of X% from 2012 to 2022. At the same time, Sierra Leone (X%), Mali (X%), Ghana (X%) and Guinea (X%) displayed positive paces of growth. From 2012 to 2022, the share of Cote d'Ivoire and Sierra Leone increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest video game console supplying countries in Western Africa were Sierra Leone ($X), Cote d'Ivoire ($X) and Guinea ($X), together comprising X% of total exports.

In terms of the main exporting countries, Sierra Leone, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Western Africa stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the export price showed a deep setback. The growth pace was the most rapid in 2020 when the export price increased by X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sierra Leone ($X per unit), while Cote d'Ivoire ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sierra Leone (X%), while the other leaders experienced more modest paces of growth.

Video Game Console Imports

Imports in Western Africa

In 2022, purchases abroad of video game consoles (not operated by means of payments) decreased by X% to X units, falling for the second year in a row after two years of growth. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, video game console imports shrank to $X in 2022. In general, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then contracted slightly in the following year.

Imports by Country

In 2022, Ghana (X units) represented the major importer of video game consoles (not operated by means of payments), mixing up X% of total imports. Nigeria (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Cote d'Ivoire (X%). The following importers - Benin (X units) and Senegal (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to video game console imports into Ghana stood at X%. At the same time, Senegal (X%), Benin (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing importer imported in Western Africa, with a CAGR of X% from 2012-2022. By contrast, Nigeria (X%) illustrated a downward trend over the same period. While the share of Nigeria (X p.p.), Ghana (X p.p.) and Senegal (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Cote d'Ivoire (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) constitutes the largest market for imported video game consoles (not operated by means of payments) in Western Africa, comprising X% of total imports. The second position in the ranking was held by Cote d'Ivoire ($X), with a X% share of total imports. It was followed by Nigeria, with a X% share.

In Ghana, video game console imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Cote d'Ivoire (X% per year) and Nigeria (X% per year).

Import Prices by Country

The import price in Western Africa stood at $X per unit in 2022, growing by X% against the previous year. In general, the import price enjoyed a remarkable increase. The growth pace was the most rapid in 2017 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ghana ($X per unit), while Nigeria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :