Robust regional efficiency in Q1 2024 vs similar interval final yr for Center East, Turkey and Africa (META) and Japanese Europe. Western Europe struggled to succeed in constructive development.
Western Europe – gross sales income Q1 2024 vs Q1 2023
- Small home home equipment (SDA) is the one sector to see constructive income throughout most nations in Western Europe.
- Spain’s excessive development in Client Electronics (CE), pushed by purchases of HD-enabled TVs, following finish of SD DTT alerts on 14 Feb 2024.
Japanese Europe – gross sales income Q1 2024 vs Q1 2023
- Japanese Europe noticed good regional development in Q1 2024, helped by a low baseline from the earlier yr.
- Quickest restoration seen in purchases of small home home equipment (SDA), in addition to in IT and workplace gear.
- Poland, Ukraine and Romania performing most strongly inside the area, with constructive or steady development throughout each sector.
Center East, Turkey & Africa (META) – gross sales income Q1 2024 vs Q1 2023
- T&D gross sales in META have been impacted by inflationary value will increase.
- Geopolitical impacts additionally stay a threat for this area.
- Ongoing excessive inflation charges in Turkey and Egypt sees shoppers turning money into belongings
Need to know extra? Watch our consultants’ movies and obtain our report on the traits impacting the Tech & Sturdy trade in 2024
