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Slight decrease in the Western European TCG market in Q1 2017

GfK TEMAX® results for Western Europe, Q1 2017

Nuremberg, May 22, 2017 – In the first quarter of 2017, the Western European technical consumer goods (TCG) market shrank by 1.5 percent, compared to the same quarter in 2016 mainly due to the GBP/EUR exchange rate. The small domestic appliances (SDA) market grew by 0.8% and the Photo market witnessed a slight increase of 0.4%.Telecommunications stagnated. The TCG market in Western Europe generated revenue of €50.8 billion in Q1 2017.

Please note that the WE15 report is calculated on EUR basis incl. DK, SE and UK.

The pdf press release has been replaced by the Category Insights chart below.

Table summary

Western Europe 15 - Q1 2017
Q2 2016 M. EUR Q3 2016 M. EUR Q4 2016 M. EUR Q1 2017 M. EUR Q1 2017 / Q1 2016 / +/- % Q1 2017 M. EUR Q1 2017 / Q1 2016 +/- %
Consumer Electronics (CE) 6,461 5,932 9,207 6,698 -6.7% 6,698 -6.7%
Photography (PH) 1,222 1,176 1,412 1,123 0.4% 1,123 0.4%
Major Domestic Appliances (MDA) 8,030 8,434 8,783 8,282 -0.1% 8,282 -0.1%
Small Domestic Appliances (SDA) 3,904 4,042 5,957 4,428 0.8% 4,428 0.8%
Information Technology (IT) 12,206 12,656 16,478 13,456 -1.7% 13,456 -1.7%
Telecommunications (TC) 12,095 13,304 16,841 12,421 -0.0% 12,421 -0.0%
Office Equipment & Consumables (OE) 4,348 4,235 4,814 4,441 -1.9% 4,441 -1.9%
GfK TEMAX® Western Europe 48,266 49,778 63,491 50,848 -1.5% 50,848 -1.5%

Economic data 2016

Western Europe 15
  • 1.5
    GDP growth in %
  • 42,917
    GDP per capita in USD
  • 9.1
    Unemployment rate in %
  • 0.6
    Inflation rate, avg. consumer prices in %
  • 178,870,880
    Number of households
  • 46,849
    Purchasing power per household in EUR
Data for GDP, unemployment and inflation rate by World Bank, IMF, ILO, National statistics portals; Data for number of households and purchasing power by GfK GeoMarketing
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