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Significant growth for Telecom sector, the most important one within the Romanian technical consumer goods market

GfK Temax results for Romania, Q2 2017  

Bucharest, August 11, 2017 – The technical consumer goods (TCG) market in Romania rose by 15.1 percent in Q2 2017, compared to the same period in 2016. The most important evolutions were registered by the Telecom, Small Domestic Appliances (SDA) and Photo sectors, all with double digit growth. Major Domestic Appliances (MDA) and Consumer Electronics (CE) continue on positive path, but with a lower increase dynamic in this quarter. The only major decline came from the Office Equipment (OE) sector (down by 22.6 percent).

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Table summary

Romania 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) 92 203 92 94 8.2% 186 10.4%
Photography (PH) 5 10 5 7 23.5% 12 14.7%
Major Domestic Appliances (MDA) 157 193 110 129 3.1% 239 5.3%
Small Domestic Appliances (SDA) 45 72 45 45 20.1% 91 19.1%
Information Technology (IT) 91 141 93 82 -0.9% 176 -2.1%
Telecommunications (TC) 212 301 204 256 33.2% 460 19.1%
Office Equipment (OE) 8 11 8 6 -22.6% 14 -19.4%
GfK TEMAX ® Romania 610 931 557 620 15.1% 1,177 10.5%

Economic data 2016

Romania
  • 4.8
    GDP growth in %
  • 9,465
    GDP per capita in USD
  • 6.4
    Unemployment rate in %
  • -1.5
    Inflation rate, avg. consumer prices in %
  • 7,484,692
    Number of households
  • 11,094
    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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