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Five of the seven sectors sales declined in the Hong Kong Technical Consumer Goods market in Q3 2017

GfK TEMAX® results for Hong Kong, Q3 2017

Hong Kong, November 1, 2017 – The Hong Kong technical consumer goods (TCG) market turnover fell by 11.8 percent in the third quarter of 2017 compared to the same quarter last year.

Telecommunication (TC) reported double-digit level fall compared with Q3 2016. Office Equipment (OE), Photography (PH), Information Technology (IT) and Small Domestic Appliances (SDA) registered single-digit fall. Consumer Electronics (CE) and Major Domestic Appliances (MDA) managed to attain positive growth in which both CE and MDA reported single-digit increase.

The pdf press release has been replaced by the Category Insights chart below

Table summary

Hong Kong Q3 2017
Q4 2016 M. HKD Q1 2017 M. HKD Q2 2017 M. HKD Q3 2017 M. HKD Q3 2017 / Q3 2016 / +/- % Q1-Q3 2017 M. HKD Q1-Q3 2017 / Q1-Q3 2016 +/- %
Consumer Electronics (CE) 914 850 863 945 8.1% 2,658 1.4%
Photography (PH) 971 943 850 887 -2.7% 2,681 -5.5%
Major Domestic Appliances (MDA) 530 514 542 572 3.8% 1,627 2.4%
Small Domestic Appliances (SDA) 569 752 628 535 12.0% 1,915 -0.8%
Information Technology (IT) 1,727 1,584 1,747 2,182 5.7% 5,514 -6.8%
Telecommunications (TC) 4,925 3,437 2,828 2,441 -34.5% 8,706 -27.6%
Office Equipment & Consumables (OE) 105 96 109 119 14.7% 324 -9.1%
GfK TEMAX ® Hong Kong 9,741 8,177 7,568 7,681 -11.8% 23,426 -14.1%

Economic data 2016

Hong Kong
  • 1.9
    GDP growth in %
  • 43,528
    GDP per capita in USD
  • 3.4
    Unemployment rate in %
  • 2.4
    Inflation rate, avg. consumer prices in %
  • 2,498,900
    Number of households
  • N/A
    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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