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. USD||Q1 2019 M. USD||Q2 2019 M. USD||Q3 2019 M. USD||Q3 2019 / Q3 2018 / +/- %||Q1-Q3 2019 M. USD||Q1-Q3 2019 / Q1-Q3 2018 +/- %|
|Consumer Electronics (CE)||132||201||171||153||8.6%||525||11.1%|
|Major Domestic Appliances (MDA)||320||351||390||401||8.6%||1,141||5.7%|
|Small Domestic Appliances (SDA)||57||65||87||96||18.6%||248||9.9%|
|Information Technology (IT)||180||178||156||166||7.7%||500||8.3%|
|Office Equipment & Consumables (OE)||16||17||14||14||14.5%||46||11.9%|
|GfK TEMAX ® Egypt||1,437||1,554||1,577||1,752||22.4%||4,883||17.2%|