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TEMAX Reports

Text summary

Technical consumer goods market in Korea declined by - 2.1% in Q1 2019.

GfK TEMAX® results for Korea, Q1 2019

Seoul, May, 2019 – In the fist quarter of 2019, the technical consumer goods(TCG) market declined by -2.1%, compared to the same quarter in 2019. In Q1 2019 there was a large variance in sector growth ranging from -23.2% to + 26.9%. Three out of the seven TCG sectors in Korea reported positive growth, and four other sectors showed negative growth.

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TEMAX Korea

+82 267 124 107

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Table summary

Korea Q1 2019

	Q2 2018 B. KRW	Q3 2018 B. KRW	Q4 2018 B. KRW	Q1 2019 B. KRW	Q1 2019 / Q1 2018 / +/- %	Q1 2019 B. KRW	Q1 2019 / Q1 2018 +/- %
Consumer Electronics (CE)	775	821	808	950	11.7%	950	11.7%
Photography (PH)	135	123	127	125	-4.9%	125	-4.9%
Major Domestic Appliances (MDA)	1,684	1,958	2,122	1,608	2.0%	1,608	2.0%
Small Domestic Appliances (SDA)	1,637	1,380	1,266	1,830	26.9%	1,830	26.9%
Information Technology (IT)	1,386	1,343	1,360	1,545	-21.8%	1,545	-21.8%
Telecommunications (TC)	3,532	4,032	4,334	3,528	-7.3%	3,528	-7.3%
Office Equipment & Consumables (OE)	52	49	52	52	-23.2%	52	-23.2%
GfK TEMAX ® South Korea	9,201	9,705	10,070	9,637	-2.1%	9,637	-2.1%

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Economic data 2017

Korea

3.1

GDP growth in %
29,890

GDP per capita in USD
3.8

Unemployment rate in %
1.9

Inflation rate, avg. consumer prices in %
19,837,665

Number of households
N/A

Purchasing power per household in EUR

Data for GDP, unemployment and inflation rate by World Bank, IMF, ILO, National statistics portals; Data for number of households and purchasing power by GfK GeoMarketing; Updated: 5 May 2018

TEMAX Korea

+82 267 124 107