Bogota, August 15 th 2017 - In the second quarter of 2017, the Technical Consumer Goods market (TCG) grew by 2.4% compared to the same period of 2016. This growth was derived by the good performance of the following sectors: TELCO, MDA and SDA.
Although, the overall result of the quarter was positive, compared with the performance of the previous quarter, the economy is reflecting a significant decline in the market growth rate. This result, due to the economic conditions that the country is facing ,which created side effects in the consumer confidence index, debt levels and hence, in a reduction in consumption.
The pdf press release has been replaced by the Category Insights chart below.
|Q3 2016 M. COP||Q4 2016 M. COP||Q1 2017 M. COP||Q2 2017 M. COP||Q2 2017 / Q2 2016 / +/- %||Q1-Q2 2017 M. COP||Q1-Q2 2017 / Q1-Q2 2016 +/- %|
|Consumer Electronics (CE)||754,128||996,633||587,712||692,998||-12.4%||1,280,710||-8.7%|
|Major Domestic Appliances (MDA)||636,036||686,593||628,505||663,204||5.4%||1,291,709||3.1%|
|Small Domestic Appliances (SDA)||78,893||95,364||79,136||86,638||13.4%||165,775||6.7%|
|Information Technology (IT)||467,188||518,645||440,077||368,210||-11.5%||808,287||-7.3%|
|Office Equipment & Consumables (OE)||52,213||42,167||58,397||44,221||-22.5%||102,618||-6.3%|
|GfK TEMAX ® Colombia||3,037,060||3,704,763||2,946,973||3,117,249||2.4%||6,064,222||3.8%|