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Five of the seven sectors sales declined in the Hong Kong Technical Consumer Goods market in Q2 2017

GfK TEMAX® results for Hong Kong, Q2 2017

Hong Kong, August 11, 2017 – The Hong Kong technical consumer goods (TCG) market turnover fell by 16.9 percent in the second quarter of 2017 compared to the same quarter last year.

Office Equipment (OE), Telecommunication (TC), and Photography (PH) reported double-digit level fall compared with Q2 2016. Information Technology (IT) and Major Domestic Appliances (MDA) registered single-digit fall. Consumer Electronics (CE) and Small Do-mestic Appliances (SDA) managed to attain positive growth in which both CE and SDA reported single-digit increase.

The pdf press release has been replaced by the Category Insights chart below

Table summary

Hong Kong Q2 2017
Q3 2016 M. HKD Q4 2016 M. HKD Q1 2017 M. HKD Q2 2017 M. HKD Q2 2017 / Q2 2016 / +/- % Q1-Q2 2017 M. HKD Q1-Q2 2017 / Q1-Q2 2016 +/- %
Consumer Electronics (CE) 874 914 850 863 2.6% 1,713 -2.0%
Photography (PH) 912 971 943 850 -14.8% 1,794 -6.8%
Major Domestic Appliances (MDA) 551 530 514 542 -0.8% 1,056 1.6%
Small Domestic Appliances (SDA) 478 569 752 628 8.4% 1,380 -5.0%
Information Technology (IT) 2,064 1,727 1,584 1,747 -6.4% 3,331 -13.5%
Telecommunications (TC) 3,728 4,925 3,437 2,828 -31.8% 6,265 -24.5%
Office Equipment & Consumables (OE) 103 105 96 109 -12.3% 206 -18.8%
GfK TEMAX ® Hong Kong 8,710 9,741 8,177 7,568 -16.9% 15,744 -15.2%

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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