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Important descend in Spain’s Technical Consumer Goods market trends in Q1 2020.

GfK TEMAX results for SPAIN, Q1 2020.

Madrid, April 28, 2020– The last quarter analyzed by GfK TEMAX presents a strong decrease in billing of 8.1% compared to the same period of the last year. Turnover in TGC market was €3.34 Billion. Due to the impact COVID-19 crisis had in physical stores and consumer movements, all sectors have suffered an important decrease; although Small domestic appliances (SDA), Technology Information (IT) and Major Domestic appliances (MDA) maintained stable trends, the fall of Telecommunications (TC) and Consumer Electronics (CE) made the Technical Consumer Goods (TCG) market decrease its income.

Table summary

Spain Q1 2020
Q2 2019 M. USD Q3 2019 M. USD Q4 2019 M. USD Q1 2020 M. USD Q1 2020 / Q1 2019 / +/- % Q1 2020 M. USD Q1 2020 / Q1 2019 +/- %
Consumer Electronics (CE) 455 471 623 nan nan% nan nan%
Photography (PH) 66 60 71 nan nan% nan nan%
Major Domestic Appliances (MDA) 764 836 831 nan nan% nan nan%
Small Domestic Appliances (SDA) 304 323 483 nan nan% nan nan%
Information Technology (IT) 845 906 1,118 nan nan% nan nan%
Telecommunications (TC) 959 1,079 1,364 nan nan% nan nan%
Office Equipment & Consumables (OE) 266 240 277 nan nan% nan nan%
GfK TEMAX ® Spain 3,659 3,913 4,767 nan nan% nan nan%