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The Korean Technical Consumer Goods market slightly grew 3.9% in Q3 this year compared to last year.

GfK TEMAX® results for Korea, Q3 2017

Seoul, Nov 2, 2017 – Four of the seven TCG sectors – Consumer Electronics(CE), Small Domestic Appliances (SDA) and Major Domestic Appliances(MDA), Information Technology (IT) in Korea reported expansion in Q3 2017, compared to the same period last year. Three other sectors were in the red, with Photo, Telecommunications (TEL) and Office Equipment (OE) down from Q3 2016. The overall market grew considerably by 3.9% to generate around KRW 9.8 trillion in Q3 2017.

The pdf press release has been replaced by the Category Insights chart below.

Table summary

Korea Q3 2017
Q4 2016 B. KRW Q1 2017 B. KRW Q2 2017 B. KRW Q3 2017 B. KRW Q3 2017 / Q3 2016 / +/- % Q1-Q3 2017 B. KRW Q1-Q3 2017 / Q1-Q3 2016 +/- %
Consumer Electronics (CE) 749 836 739 928 15.0% 2,503 11.4%
Photography (PH) 151 163 155 150 -6.2% 468 -5.2%
Major Domestic Appliances (MDA) 1,983 1,456 1,579 2,114 7.6% 5,149 8.8%
Small Domestic Appliances (SDA) 907 960 1,255 1,255 13.7% 3,470 11.4%
Information Technology (IT) 1,428 1,909 1,368 1,468 8.6% 4,745 1.3%
Telecommunications (TC) 5,230 3,723 3,554 3,866 -3.5% 11,143 -0.4%
Office Equipment & Consumables (OE) 75 74 59 58 -21.1% 192 -20.1%
GfK TEMAX ® South Korea 10,524 9,122 8,709 9,839 3.9% 27,670 3.6%

Economic data 2016

Korea
  • 2.8
    GDP growth in %
  • 27,539
    GDP per capita in USD
  • N/A
    Unemployment rate in %
  • 1.0
    Inflation rate, avg. consumer prices in %
  • 17,950,675
    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
General