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Chinese technology consumer electronics market decreased 3.3% of year-on-year growth.

2019 Q1 GfK TEMAX®RESEARCH

In the first quarter of 2019, the total value of Chinese technology consumer electronics market was 389.72 billion yuan, down 3.3% year-on-year. In the first quarter, the SDA market achieved a double-digit growth of 22.9%, the IT market achieved growth of 0.5%. MDA and communication products market decreased by 5.7% and 3.9% year-on-year respectively, the photo market decreased by 17.1% whlie CE market decreased by 12.0% year-on-year.

Table summary

China Q1 2019
Q2 2018 M. CNY Q3 2018 M. CNY Q4 2018 M. CNY Q1 2019 M. CNY Q1 2019 / Q1 2018 / +/- % Q1 2019 M. CNY Q1 2019 / Q1 2018 +/- %
Consumer Electronics (CE) 33,050 34,886 39,270 31,976 -12.0% 31,976 -12.0%
Photography (PH) 4,676 3,823 4,454 3,368 -17.1% 3,368 -17.1%
Major Domestic Appliances (MDA) 44,020 46,734 50,993 39,156 -5.7% 39,156 -5.7%
Small Domestic Appliances (SDA) 16,633 16,535 24,735 20,770 22.9% 20,770 22.9%
Information Technology (IT) 49,334 53,315 53,817 48,958 0.5% 48,958 0.5%
Telecommunications (TC) 252,898 228,175 250,142 243,515 -3.9% 243,515 -3.9%
Office Equipment & Consumables (OE) 2,479 2,272 2,566 1,975 -1.8% 1,975 -1.8%
GfK TEMAX ® China 403,091 385,740 425,977 389,717 -3.3% 389,717 -3.3%

Economic data 2017

China
  • 6.9
    GDP growth in %
  • 8,640
    GDP per capita in USD
  • 4.7
    Unemployment rate in %
  • 1.6
    Inflation rate, avg. consumer prices in %
  • 448,940,838
    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; Updated: 5 May 2018
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