PNDs Break Sales Records in Europe
Who ever knew so many of us were so lost? Europeans bought 18.1 million units in 2008 (3 million more than 2007, and up 20%, says GfK. And at the average price of 192 euro, we made up 45% of the world market.
Germany led with 4.375 million PNDs sold, 22% up from 2007. Sales in E. Europe increased by 600,000 to reach 1.5 m compared to 16.6 m in W. Europe (up 15% from 14.5 m the previous year.)
Demand weakened in Q4 2008: Europe saw a 4% decrease for PNDs from same period in last year.
Price levels largely remained stable during the first three quarters of 2008 with an average price of approx. 200 Euros. In Q4 the average price sank to 170 Euros, caused by an increase in retail promotions. This put the yearly average at 192 Euros for the purchase of a PND in Europe.
The price span between the markets with the lowest average price revenue (Great Britain at 164 Euros, Portugal and Spain at 177 Euros) and those others (Belgium: 239 Euros, Czech Republic: 278 Euros and Slovakia: 282 Euros) was vast. With an average price of 198 Euros for PNDs in Germany, this market took a mid-field position.
Demand and growth of Portable Navigation Devices in Europe in 2007 and 2008 Source: GfK, February 2009
|
Western Europe
| 2007 | 2008 |
| Germany | 3.600 | 4.375 |
| Great Britain | 2.770 | 2.997 |
| France | 2.500 | 2.715 |
| Italy | 1.700 | 1.950 |
| Spain | 1.150 | 1.199 |
| Netherlands | 775 | 927 |
| Belgium | 507 | 535 |
| Sweden | 360 | 351 |
| Denmark | 259 | 383 |
| Switzerland | 220 | 275 |
| Finland | 182 | 243 |
| Portugal | 195 | 254 |
| Austria | 214 | 277 |
| Ireland | 35 | 102 |
| Luxembourg | 23 | 29 |
Western Europe Sub-Total
| 14.490 | 16.612 |
South-/Eastern Europe
| | |
| Poland | 220 | 620 |
| Russia | NA | 250 |
| Czech Republic | 150 | 210 |
| Greece | 52 | 180 |
| Hungary | 120 | 156 |
| Slovak Republic | 21 | 37 |
For 2009 GfK predicts a further increase in demand for PNDs: almost 19 million units inEurope. On the world market, GfK says approximately 46 million devices will be sold.
Go GfK on PND