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Romanian durable goods market goes up 4.3 percent in S1, to almost 700 million euros

The durable goods market of Romania went up 4.3 percent in the first six months of this year compared with the same period of the previous year, reaching 699 million euros, shows the GfK Temax Romania survey.

This market increased 4.7 percent in the second quarter of 2013 compared with the same quarter of 2012.

'The largest sector of the second quarter of 2013 was the telecommunications sector, with a total value of 99 million euros, being, at the same time, the sector that generated the highest value growth of 17 percent compared with the second quarter of 2012. Another notable increase was that registered by the large home appliances sector, of almost 5 percent in value compared with the second quarter of 2012, the previous quarter this sector recorded growth having been in 2011. The photo market, which registered a 25.5 decline, together with the printers and multifunction devices market (-8.8 percent) and the electronics market (-5.2 percent) were the only sectors with negative results,' the document shows.

The small home appliances market reached the value of 24 million euros in the second quarter of 2013, a value 8.7 percent higher compared with the second quarter of 2012. In the second quarter of 2013, the large home appliances market recorded an almost 5 percent growth compared with the second quarter of 2012, reaching 73 million euros.

Moreover, comparing the first semester of 2013 with the similar period of 2012 the large home appliances sales increased 1.7 percent, the GfK survey shows.

GfK Temax is an index GfK Retail and Technology uses to monitor the durable goods markets. The results are based on the surveys conducted on a regular basis on the retail panel of GfK. The retail panel comprises data of over 390,000 sale points worldwide. Starting with February 2009, GfK Retail and Technology calculates the GfK Technical Market Index (TEMAX) worldwide, in over 30 countries. It is the first index including all the durable goods markets in different countries.

 

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