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All of the seven sectors sales decreased in the Hong Kong Technical Consumer Goods market in Q1 2020

GfK TEMAX® results for Hong Kong, Q1 2020

Hong Kong, May 13, 2020 – The Hong Kong technical consumer goods (TCG) market turnover fell by 28.2 percent in the First quarter of 2020 compared to the same quarter last year.

Four Sectors - Photography (PH), Small Domestic Appliances (SDA), Information Tech-nology (IT), Telecommunication (TC) and reported double-digit level fall compared with Q1 2019. 

Three Sectors - Consumer Electronics (CE), Major Domestic Appliances (MDA) and Office Equipment (OE) reported single-digit level fall compared with Q1 2019.

Table summary

Hong Kong Q1 2020
Q2 2019 M. HKD Q3 2019 M. HKD Q4 2019 M. HKD Q1 2020 M. HKD Q1 2020 / Q1 2019 / +/- % Q1 2020 M. HKD Q1 2020 / Q1 2019 +/- %
Consumer Electronics (CE) 797 765 713 702 -15.3% 702 -15.3%
Photography (PH) 676 606 579 392 -43.0% 392 -43.0%
Major Domestic Appliances (MDA) 546 516 468 476 -9.8% 476 -9.8%
Small Domestic Appliances (SDA) 650 480 530 678 -12.1% 678 -12.1%
Information Technology (IT) 1,635 1,827 1,480 1,396 -22.5% 1,396 -22.5%
Telecommunications (TC) 4,176 4,378 5,086 3,056 -35.5% 3,056 -35.5%
Office Equipment & Consumables (OE) 98 96 91 83 -8.9% 83 -8.9%
GfK TEMAX ® Hong Kong 8,578 8,667 8,946 6,783 -28.2% 6,783 -28.2%
 
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