Russia: the TCG market in the first quarter


As reported by GfK Temax, in the first quarter of 2020 the Russian technical consumer goods market has grown by 19 percent, compared to the Q1 2019. The stimulated demand considering the price growth due to exchange rate of foreign currency started even before Covid-19 effect. MDA and SDA sectors are ahead of all sectors in terms of growth (28.8% and 22.2% accordingly) followed by Telecom yielding the top position (18,1%). All other sectors grew in value ranging from 1.4% (Photo) to 16.5% (IT). The limitations for offline shops has not affected the market in Q1 so much.


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