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Technical consumer goods market in Korea declined by - 3.2% in Q3 2018.

GfK TEMAX® results for the Korea, Q3 2018

Seoul, November, 2018 – In the third quarter of 2018, the technical consumer goods(TCG) market declined by -3.2%, compared to the same quarter in 2017. In Q3 2018 there was a large variance in sector growth ranging from -18.5% to + 9.9%. Two out of the seven TCG sectors in Korea –Small Domestic Appliances (SDA), Telecommunications(TEL) reported positive growth, and five other sectors showed negative growth. The TCG market in Korea generated revenue of ₩9.5 trillion in Q3 2018 and ₩9.8 trillion in Q3 2017.

The pdf press release has been replaced by the Category Insights chart below.

Table summary

Korea Q3 2018
Q4 2017 B. KRW Q1 2018 B. KRW Q2 2018 B. KRW Q3 2018 B. KRW Q3 2018 / Q3 2017 / +/- % Q1-Q3 2018 B. KRW Q1-Q3 2018 / Q1-Q3 2017 +/- %
Consumer Electronics (CE) 932 932 816 816 -11.8% 2,564 2.8%
Photography (PH) 134 134 131 131 -12.7% 397 -15.2%
Major Domestic Appliances (MDA) 2,191 2,191 1,426 1,426 -32.5% 5,043 -2.0%
Small Domestic Appliances (SDA) 1,175 1,175 1,442 1,442 14.9% 4,059 16.9%
Information Technology (IT) 1,475 1,475 1,975 1,975 34.6% 5,425 14.3%
Telecommunications (TC) 4,482 4,482 3,805 3,805 -1.4% 12,092 9.0%
Office Equipment & Consumables (OE) 60 60 68 68 15.6% 195 1.9%
GfK TEMAX ® South Korea 10,450 10,450 9,663 9,663 -1.7% 29,776 7.8%

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
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