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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. EUR Q3 2019 M. EUR Q4 2019 M. EUR Q1 2020 M. EUR Q1 2020 / Q1 2019 / +/- % Q1 2020 M. EUR Q1 2020 / Q1 2019 +/- %
Consumer Electronics (CE) 406 424 566 419 -8.6% 419 -8.6%
Photography (PH) 59 54 64 42 -30.8% 42 -30.8%
Major Domestic Appliances (MDA) 682 753 755 642 -2.9% 642 -2.9%
Small Domestic Appliances (SDA) 271 291 439 336 -2.7% 336 -2.7%
Information Technology (IT) 754 816 1,016 818 -4.8% 818 -4.8%
Telecommunications (TC) 856 972 1,240 867 -14.3% 867 -14.3%
Office Equipment & Consumables (OE) 237 216 252 219 -8.7% 219 -8.7%
GfK TEMAX ® Spain 3,267 3,525 4,334 3,343 -8.1% 3,343 -8.1%
General