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Second quarter 2017 continues positive trend for Finnish technical consumer goods market 

GfK TEMAX results for Finland, Q2 2017

Helsinki. August 15, 2017 – The technical consumer goods (TCG) market in Finland continues to grow. Q2 2017 grew by approximately 3% compared to last year. TCG market in Finland generated a revenue of almost €680 million during Q2 2017.

Four out of seven sectors improved, with photography (PH), consumer electronics (CE) and telecommunications (TC) leading again with double digit increases. Office Equipment and Consumables (OE) also increased, albite with under 5%.

Small Domestic Appliances (SDA), Information technology (IT), Major domestic appliances (MDA) were the declining sectors

The pdf press release has been replaced by the Category Insights chart below.

Table summary

Finland Q2 2017
Q3 2016 M. EUR Q4 2016 M. EUR Q1 2017 M. EUR Q2 2017 M. EUR Q2 2017 / Q2 2016 / +/- % Q1-Q2 2017 M. EUR Q1-Q2 2017 / Q1-Q2 2016 +/- %
Consumer Electronics (CE) 79 122 87 81 21.3% 169 22.2%
Photography (PH) 8 11 10 11 25.8% 21 28.2%
Major Domestic Appliances (MDA) 120 116 98 101 -4.0% 199 -3.0%
Small Domestic Appliances (SDA) 46 66 37 39 -8.5% 76 -9.7%
Information Technology (IT) 237 242 194 185 -6.3% 379 -4.0%
Telecommunications (TC) 245 297 223 224 11.4% 446 15.5%
Office Equipment & Consumables (OE) 34 36 39 38 4.6% 77 3.2%
GfK TEMAX ® Finland 769 891 688 679 3.2% 1,367 5.2%

Economic data 2016

Finland
  • 1.4
    GDP growth in %
  • 43,169
    GDP per capita in USD
  • 9.0
    Unemployment rate in %
  • 0.4
    Inflation rate, avg. consumer prices in %
  • 2,634,339
    Number of households
  • 41,568
    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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