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Copenhagen, May 15, 2018 – In the first quarter of 2018, the Danish tech-nical consumer goods (TCG) market declines by 3.8 percent, compared to the same quarter in 2017. 

Five out of seven sectors saw negative growth, with the Office Equipment & Consumables (OEC) sector decreasing the most - down by more than 30 percent. Major Domestic Appliances (MDA) and Consumer Electronics (CE) were the only sectors with positive contribution to growth.

The pdf press release has been replaced by the Category Insights chart below. 

Table summary

Denmark Q1 2018
Q2 2017 M. DKK Q3 2017 M. DKK Q4 2017 M. DKK Q1 2018 M. DKK Q1 2018 / Q1 2017 / +/- % Q1 2018 M. DKK Q1 2018 / Q1 2017 +/- %
Consumer Electronics (CE) 689 797 1,157 883 9.9% 883 9.9%
Photography (PH) 93 70 81 61 -22.0% 61 -22.0%
Major Domestic Appliances (MDA) 1,167 1,281 1,396 1,281 4.6% 1,281 4.6%
Small Domestic Appliances (SDA) 442 470 695 476 -0.5% 476 -0.5%
Information Technology (IT) 1,682 1,900 1,916 1,662 -11.4% 1,662 -11.4%
Telecommunications (TC) 1,879 1,758 2,668 1,878 -1.1% 1,878 -1.1%
Office Equipment & Consumables (OE) 407 372 375 300 -32.4% 300 -32.4%
GfK TEMAX ® Denmark 6,359 6,649 8,289 6,540 -3.8% 6,540 -3.8%

Economic data 2017

Denmark
  • 2.1
    GDP growth in %
  • 56,440
    GDP per capita in USD
  • 5.8
    Unemployment rate in %
  • 1.1
    Inflation rate, avg. consumer prices in %
  • 2,670,059
    Number of households
  • 52,735
    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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