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The Saudi Arabian Technical Consumer Goods market is at recovery with a 0.1% decline in Q1 2019

Results for GfK TEMAX® Kingdom of Saudi Arabia for the first quarter of 2019

Jeddah, May 15, 2019 – The Saudi Arabian Technical Consumer Goods (TCG) market in Q1 2019 reported a decline of -0.1%, with a turnover of SAR6.44 billion, when compared to the same period in 2018. 

Three of the seven sectors reported a growth, namely, Consumer Electronics (up by 4.8%), Office Equipment & Consumables (up by 3%) and Telecommunications (up by 0.4%). The rest of the sectors reporting a decline, Photography (down by 4.6%), Information Technology (down by 2.8%), Major Domestic Appliances (down by 1.8%) and Small Domestic Appliances (down by 1.7%).

Table summary

Saudi Arabia Q1 2019
Q2 2018 M. SAR Q3 2018 M. SAR Q4 2018 M. SAR Q1 2019 M. SAR Q1 2019 / Q1 2018 / +/- % Q1 2019 M. SAR Q1 2019 / Q1 2018 +/- %
Consumer Electronics (CE) 716 623 795 559 4.8% 559 4.8%
Photography (PH) 39 34 39 35 -4.5% 35 -4.5%
Major Domestic Appliances (MDA) 926 889 979 791 -1.8% 791 -1.8%
Small Domestic Appliances (SDA) 452 374 499 354 -1.7% 354 -1.7%
Information Technology (IT) 982 1,043 1,107 995 -2.8% 995 -2.8%
Telecommunications (TC) 3,458 3,410 3,769 3,572 0.4% 3,572 0.4%
Office Equipment & Consumables (OE) 111 129 151 135 3.0% 135 3.0%
GfK TEMAX ® Saudi Arabia 6,684 6,503 7,339 6,441 -0.1% 6,441 -0.1%

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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