Philippine Appliance Sales See Mixed Results
Aug 25, 2005
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Sales of DVD players, radio cassettes and flat irons went up in the first half of 2005 in the Philippines, according to the Philippine Appliance Industry Association.

A report from the National Statistical Coordination Board (NSCB) showed that Filipinos purchased a total of 109,900 units of DVD players in the January to June period, up 3.9 percent from 105,800 units in the prior year period.

Sales of radio cassettes also increased 5.8 percent to 45,800 units in the first-half of 2005 compared to 43,300 units in the prior year period. Purchases of flat irons increased 3 percent to 286,300 units from 277,900 units.

Electric fans topped all home appliances in terms of sales output, with 561,900 units sold in the first 6 months of 2005. This is down by almost 29 percent from 789,700 units purchased in the same period last year.

Sales of other appliances, however, dropped in the 6-month period, compared to the same period in 2004. Overall, demand for appliances fell 16.3 percent to 2.9 million units down from 3.565 million units during the same period last year.

According to the report, the decline is attributed to the high sales of home appliances in 2004, totaling 7.3 million units, or an increase of 6.4 percent from 6.9 million units sold in 2003. (Manila Standard)

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