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. EGP||Q1 2019 M. EGP||Q2 2019 M. EGP||Q3 2019 M. EGP||Q3 2019 / Q3 2018 / +/- %||Q1-Q3 2019 M. EGP||Q1-Q3 2019 / Q1-Q3 2018 +/- %|
|Consumer Electronics (CE)||2,345||3,556||2,923||2,553||0.6%||9,031||7.4%|
|Major Domestic Appliances (MDA)||5,708||6,213||6,664||6,662||0.6%||19,539||1.7%|
|Small Domestic Appliances (SDA)||1,008||1,150||1,494||1,593||9.9%||4,236||5.5%|
|Information Technology (IT)||3,198||3,157||2,659||2,760||-0.2%||8,576||4.4%|
|Office Equipment & Consumables (OE)||279||301||245||241||6.0%||786||8.0%|
|GfK TEMAX ® Egypt||25,611||27,517||26,942||29,142||13.3%||83,602||12.9%|