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Lund, November 12, 2018 – Strong growth of Smartphones helped the Danish technical consumer goods (TCG) market to grow in the third quarter of 2018. The quarter also saw a healthy growth in sales of Major Domestic Appliances. The overall TCG market grew by 1% compared to the third quarter of 2017.

The pdf press release has been replaced by the Category Insights chart below. 

Table summary

Denmark Q3 2018
Q4 2017 M. DKK Q1 2018 M. DKK Q2 2018 M. DKK Q3 2018 M. DKK Q3 2018 / Q3 2017 / +/- % Q1-Q3 2018 M. DKK Q1-Q3 2018 / Q1-Q3 2017 +/- %
Consumer Electronics (CE) 1,078 798 653 738 -2.4% 2,189 0.7%
Photography (PH) 81 61 81 60 -14.1% 201 -16.4%
Major Domestic Appliances (MDA) 1,396 1,281 1,221 1,325 3.4% 3,827 4.2%
Small Domestic Appliances (SDA) 695 476 439 478 1.7% 1,394 0.2%
Information Technology (IT) 1,916 1,662 1,580 1,809 -4.8% 5,051 -7.5%
Telecommunications (TC) 2,668 1,877 2,023 1,994 13.4% 5,894 6.5%
Office Equipment & Consumables (OE) 375 300 247 260 -30.1% 807 -34.0%
GfK TEMAX ® Denmark 8,210 6,454 6,243 6,665 0.9% 19,362 -1.7%

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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