Egypt: the TCG market saw a double-digit increase

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According to GfK Temax, all categories of the technical consumer goods market registered good performances in the fourth quarter 2015 compared to the same period of 2014 (+28,2% overall). The TCG sectors reached good results (+17,9%) also in the whole year 2015 compared to 2014.

Major domestic appliances
The MDA sector registered growth in Q4 2015 which resulted entirely due to washing machines, with a 17% growth from Q3 2015. Tumble dryers saw major growth as well. All other MDA categories were fairly stable with little to no decrease.

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Small domestic appliances
Egypt’s SDA market closed the fourth quarter with a sales increase of 33%, compared to Q4 2014. Positive results came from the food preparation segment, which increased by 48%. The shavers market showed the second biggest increase (42% in comparison to Q4 2014).

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Telecommunications
In Q4 2015, the telecommunications sector recorded growth of 24.5%, compared to Q3 2014. In addition, this sector achieved 6% increase in revenues, compared to Q3 2015.

Consumer electronics
Revenues in the CE sector recorded a 15% increase in Q4 2015, compared to the same quarter last year. Considering the whole year 2015, the consumer electronics achieved a growth of about 8% compared to the year 2014.

Photography
The Photography market keeps on showing positive growth in Q4 2015. The sector saw an increase of 128.3% compared to the same period of 2015 and registered a progressive growth in the four quarters of last year.

Information technology
The IT sector recorded growth of 23% in Q4 2015, compared to Q4 2014. This growth was partially driven by mobile computing.

Office equipment and consumables
The Office equipment and consumables sector reported an increase of 37% for Q4 2015, compared to the same quarter in 2014. Printers and multifunctional devices (MFDs) were the key to the success of this sector.

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