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TCG is a relatively stable market in the second quarter of 2019

Leuven, August 7th, 2019 – In the second quarter of 2019, the Belgian technical consumer goods (TCG) could not keep up with the positive growth of Q1 (2,1%). The market only grew by 0,7 percent, compared to the same quarter in 2018.

Major and Small Domestic Appliances, and Telecom provided growth, while Con-sumer Electronics, Photo and Office Equipment & Consumables are in decline in Q2. Information Technology reached a pretty much stable result compared to the same period last year. The TCG market in Belgium generated €1.405 million be-tween April and June.

Table summary

Belgium Q2 2019
Q3 2018 M. EUR Q4 2018 M. EUR Q1 2019 M. EUR Q2 2019 M. EUR Q2 2019 / Q2 2018 / +/- % Q1-Q2 2019 M. EUR Q1-Q2 2019 / Q1-Q2 2018 +/- %
Consumer Electronics (CE) 162 214 201 138 -16.5% 339 -6.3%
Photography (PH) 27 27 26 27 -7.6% 53 -9.6%
Major Domestic Appliances (MDA) 341 325 358 298 2.5% 656 3.7%
Small Domestic Appliances (SDA) 137 178 155 130 1.9% 285 1.0%
Information Technology (IT) 406 468 425 351 -0.1% 776 1.7%
Telecommunications (TC) 337 427 362 366 9.4% 728 5.4%
Office Equipment & Consumables (OE) 93 117 103 95 -1.7% 198 -4.2%
GfK TEMAX ® Belgium 1,504 1,756 1,630 1,405 0.7% 3,035 1.3%
 
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