GfK: Romanian durable goods market grows 15 pct in Q1 to EUR 445 mln

Newsroom 14/05/2015 | 11:10

Romanian durable goods market grew by almost 15 percent compared to Q1 2014 to EUR 445 million, according to a GfK study. Of the six sectors with a positive evolution, five had double-digit growth rates: major home appliances (+21 percent), small appliances (+19 percent), telecom (+17 percent), electronics (+15 percent) and printers market, multifunctional devices and consumables (+11 percent). The only sector on a negative trend was the photo sector (almost -5 percent).

Sales of major home appliances rose again in Q1 2015, reaching EUR 80 million, 21 percent more than the in same period of 2014.

Small home appliances market saw a significant growth in Q1 2015, up 19 percent against the first quarter of last year, reaching a value of EUR 31 million.

Also, in Q1 2015 the telecom market increased by 17 percent compared to Q1 2014, with an estimated unsubsidized value of EUR 135 million.Smartphones (in low and mid-price ranges) continued to be the main growth engine, with double-digit rates compared to Q1 2014.

Electronics market began the year with an increase of nearly 15 percent compared to the first quarter of 2014. The value of sales reached EUR 72 million.

IT market trend was upward in Q1 2015, with a growth rate of 8 percent compared to Q1 2014, up to EUR 107 million.

The photo sector continued to record a negative trend. However, there have been positive signs that the rate of decrease slowed to almost -5 percent, reaching a value of EUR 2.7 million.

Staff

BR Magazine | Latest Issue

Download PDF: Business Review Magazine March (II) 2024 Issue

The March (II) 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “BAT DBS Romania Hub: A Vibrant New Office For An Employee-Centric
Newsroom | 27/03/2024 | 17:32
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue