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Denmark’s technical consumer goods market registered a decrease in Q1 2017

GfK TEMAX results for Denmark, Q1 2017

Copenhagen, May 15, 2017 – The technical consumer goods (TCG) market in Denmark decreased by just less than six percent in Q1 2017, compared to the same quarter of 2016.

Five out of seven sectors saw negative growth, with the Consumers Electronics (CE) sector decreasing the most - down by more than 25 percent. Information Technology (IT) and Office Equipment & Consumables were the only sectors with positive growth.

The pdf press release has been replaced by the Category Insights chart below. 

Table summary

Denmark Q1 2017
Q2 2016 M. DKK Q3 2016 M. DKK Q4 2016 M. DKK Q1 2017 M. DKK Q1 2017 / Q1 2016 / +/- % Q1 2017 M. DKK Q1 2017 / Q1 2016 +/- %
Consumer Electronics (CE) 771 757 991 816 -26.6% 816 -26.6%
Photography (PH) 106 82 90 83 -9.6% 83 -9.6%
Major Domestic Appliances (MDA) 1,154 1,222 1,259 1,225 -1.5% 1,225 -1.5%
Small Domestic Appliances (SDA) 452 448 677 476 -3.3% 476 -3.3%
Information Technology (IT) 1,857 1,793 1,958 1,897 2.4% 1,897 2.4%
Telecommunications (TC) 1,858 2,061 2,535 1,905 -6.3% 1,905 -6.3%
Office Equipment & Consumables (OE) 443 432 451 446 4.3% 446 4.3%
GfK TEMAX ® Denmark 6,641 6,795 7,962 6,847 -5.6% 6,847 -5.6%

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