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Denmark’s technical consumer goods market registered a decrease in Q2 2017

GfK TEMAX results for Denmark, Q2 2017

Copenhagen, August 15, 2017 – The technical consumer goods (TCG) market in Denmark decreased by 3.4 percent in Q2 2017, compared to the same quarter of 2016.

Five out of seven sectors saw negative growth, with the Photography (PH) sector decreasing the most - down by more than 13 percent. Major Domestic Appliances (MDA) and Telecommunications (TC) were the only sectors with positive growth.

The pdf press release has been replaced by the Category Insights chart below. 

Table summary

Denmark Q2 2017
Q3 2016 M. DKK Q4 2016 M. DKK Q1 2017 M. DKK Q2 2017 M. DKK Q2 2017 / Q2 2016 / +/- % Q1-Q2 2017 M. DKK Q1-Q2 2017 / Q1-Q2 2016 +/- %
Consumer Electronics (CE) 772 1,045 826 705 -10.4% 1,530 -20.2%
Photography (PH) 82 90 83 92 -13.3% 175 -11.6%
Major Domestic Appliances (MDA) 1,222 1,259 1,224 1,167 1.1% 2,392 -0.2%
Small Domestic Appliances (SDA) 448 677 476 442 -2.2% 918 -2.8%
Information Technology (IT) 1,793 1,958 1,897 1,717 -7.6% 3,614 -2.6%
Telecommunications (TC) 2,055 2,541 1,910 1,886 2.0% 3,796 -1.8%
Office Equipment & Consumables (OE) 432 451 446 415 -6.2% 861 -1.1%
GfK TEMAX ® Denmark 6,804 8,022 6,862 6,424 -3.4% 13,286 -4.5%

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