Sturdy regional efficiency in Q1 2024 vs identical interval final yr for Center East, Turkey and Africa (META) and Jap Europe. Western Europe struggled to achieve 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 Shopper Electronics (CE), pushed by purchases of HD-enabled TVs, following finish of SD DTT alerts on 14 Feb 2024.
Jap Europe – gross sales income Q1 2024 vs Q1 2023
- Jap 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 secure 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 customers turning money into belongings
Need to know extra? Watch our specialists’ movies and obtain our report on the tendencies impacting the Tech & Sturdy trade in 2024
