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Five of the seven sectors sales decreased in the Hong Kong Technical Consumer Goods market in Q2 2019

GfK TEMAX® results for Hong Kong, Q2 2019

Hong Kong, August 5, 2019 – The Hong Kong technical consumer goods (TCG) market turnover fell by 10.1 percent in the second quarter of 2019 compared to the same quarter last year.

Major Domestic Appliances (MDA) and Small Domestic Appliances (SDA) managed to attain positive growth with single-digit increase. On the other hand, Consumer Electronics (CE), Photography (PH), Office Equipment (OE), Telecommunication (TC) and Information Technology (IT) reported double-digit level fall compared with Q2 2018. 

Table summary

Hong Kong Q2 2019
Q3 2018 M. HKD Q4 2018 M. HKD Q1 2019 M. HKD Q2 2019 M. HKD Q2 2019 / Q2 2018 / +/- % Q1-Q2 2019 M. HKD Q1-Q2 2019 / Q1-Q2 2018 +/- %
Consumer Electronics (CE) 829 843 828 797 -9.6% 1,625 -12.9%
Photography (PH) 647 702 688 676 -17.6% 1,365 -18.6%
Major Domestic Appliances (MDA) 570 525 528 546 0.7% 1,073 1.6%
Small Domestic Appliances (SDA) 546 658 772 650 6.3% 1,423 4.3%
Information Technology (IT) 2,087 1,866 1,802 1,635 -9.9% 3,438 -4.8%
Telecommunications (TC) 4,780 6,200 4,748 4,178 -12.5% 8,925 -17.8%
Office Equipment & Consumables (OE) 108 106 91 98 -3.8% 189 -9.2%
GfK TEMAX ® Hong Kong 9,568 10,899 9,457 8,580 -10.1% 18,037 -12.6%
 
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