Egypt Consumer Electronics, Telecom and Office Equipment markets showed successful growth in Q3 2019 vs Q3 2018. While the Information Technology sector showed a decline. The category with the largest growth in Q3 2019 is the Consumer Electronics followed by Telecom.
MDAs Markets reported a stronger decline in Q3 2019vs2018 compared to Q2 2019vs2018, mainly driven by a strong decline in Cooling and Washing Machine’s market. This decline resulted because of the general increase in the running cost of energy, especially electricity.
SDA market value witnessed a very minor decline in sales value of -1%. All SDA products highlighted a steep decline in sales value except for the largest product, Electric fans, which grew by around 10% sales value in Q3 2019vs2018.
|Q4 2018 M. EUR||Q1 2019 M. EUR||Q2 2019 M. EUR||Q3 2019 M. EUR||Q3 2019 / Q3 2018 / +/- %||Q1-Q3 2019 M. EUR||Q1-Q3 2019 / Q1-Q3 2018 +/- %|
|Consumer Electronics (CE)||114||176||153||138||13.5%||467||18.0%|
|Major Domestic Appliances (MDA)||279||308||348||361||13.5%||1,017||12.2%|
|Small Domestic Appliances (SDA)||49||57||78||86||24.0%||221||16.7%|
|Information Technology (IT)||156||156||139||150||12.6%||445||15.0%|
|Office Equipment & Consumables (OE)||14||15||13||13||19.6%||41||18.9%|
|GfK TEMAX ® Egypt||1,250||1,363||1,408||1,579||27.9%||4,349||24.5%|