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-11.8% decline in Q3 2018 in the Saudi Arabian Technical Consumer Goods market

Results for GfK TEMAX® Kingdom of Saudi Arabia for the third quarter of 2018

Jeddah, November 15, 2018 – The Saudi Arabian Technical Consumer Goods (TCG) market in Q3 2018 reported a decline of -11.8%, with a turnover of SA6.49 billion, when compared to the same period in 2017. 

All the sectors reported a decline, Office Equipment & Consumables (down by 27%), Photography (down by 24.4%), Major Domestic Appliances (down by 23.7%), Telecommunications (down by 10.6%), Information Technology (down by 8.5%), Small Domestic Appliances (down by 7.4%) and Consumer Electronics (down by 0.5%).

Table summary

Saudi Arabia Q3 2018
Q4 2017 M. SAR Q1 2018 M. SAR Q2 2018 M. SAR Q3 2018 M. SAR Q3 2018 / Q3 2017 / +/- % Q1-Q3 2018 M. SAR Q1-Q3 2018 / Q1-Q3 2017 +/- %
Consumer Electronics (CE) 893 533 716 623 -0.5% 1,873 -6.1%
Photography (PH) 49 37 39 34 -24.5% 110 -22.7%
Major Domestic Appliances (MDA) 1,357 805 926 889 -23.7% 2,621 -25.8%
Small Domestic Appliances (SDA) 552 360 452 374 -7.4% 1,186 -13.9%
Information Technology (IT) 1,227 1,019 971 1,028 -8.5% 3,018 -11.2%
Telecommunications (TC) 4,310 3,557 3,458 3,410 -10.6% 10,425 -5.7%
Office Equipment & Consumables (OE) 177 130 109 128 -27.0% 367 -30.7%
GfK TEMAX ® Saudi Arabia 8,565 6,442 6,671 6,487 -11.8% 19,600 -11.0%

Economic data 2017

Saudi Arabia
  • -0.7
    GDP growth in %
  • 21,120
    GDP per capita in USD
  • 5.7
    Unemployment rate in %
  • -0.9
    Inflation rate, avg. consumer prices in %
  • 5,063,932
    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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