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Copenhagen, November 13, 2017 – In the third quarter of 2017, the Danish technical consumer goods (TCG) market contracted by 1.5 percent, compared to the same quarter in 2016. 

Three out of seven sectors saw negative growth, with the Telecommunications (TC) sector decreasing the most - down by more than 10 percent. Information Technology (IT) and Consumer Electronics (CE) were the sectors with the strongest positive contribution to growth.

The pdf press release has been replaced by the Category Insights chart below. 

Table summary

Denmark Q3 2017
Q4 2016 M. DKK Q1 2017 M. DKK Q2 2017 M. DKK Q3 2017 M. DKK Q3 2017 / Q3 2016 / +/- % Q1-Q3 2017 M. DKK Q1-Q3 2017 / Q1-Q3 2016 +/- %
Consumer Electronics (CE) 1,045 826 704 819 6.1% 2,349 -12.7%
Photography (PH) 90 83 92 74 -9.9% 249 -11.1%
Major Domestic Appliances (MDA) 1,259 1,224 1,167 1,281 4.9% 3,673 1.5%
Small Domestic Appliances (SDA) 679 479 442 470 5.2% 1,391 0.1%
Information Technology (IT) 1,958 1,897 1,717 1,910 6.5% 5,524 0.4%
Telecommunications (TC) 2,554 1,917 1,890 1,766 -14.0% 5,573 -5.9%
Office Equipment & Consumables (OE) 451 446 415 380 -11.9% 1,242 -4.7%
GfK TEMAX ® Denmark 8,036 6,871 6,428 6,701 -1.5% 20,000 -3.4%

Economic data 2016

Denmark
  • 1.1
    GDP growth in %
  • 53,744
    GDP per capita in USD
  • 6.1
    Unemployment rate in %
  • 0.3
    Inflation rate, avg. consumer prices in %
  • 2,654,585
    Number of households
  • 50,953
    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
General