BMI View: Economic activity in Venezuela virtually ground to a halt in 2016, with out of control inflation
and product shortages meaning local consumers faced a dramatic reduction of affordability and product
shortages, even for basic goods. Consumer electronics dev ..."
BMI View: Economic and political crisis in Brazil has hit consumer electronics spending hard, with steep
declines in 2015 and 2016. The outlook is subdued as a result of a sluggish economic recovery that means a
bounce back in device spending is unlikely, with the pur ..."
BMI View: The Colombian consumer electronics devices market is served primarily through imported
devices, and as such the exchange rate has a significant impact on domestic spending trends through shifts
in the affordability of devices. This was evident in 2015 when s ..."
BMI View: Argentina's consumer electronics market performance has been driven by economic factors in
recent years, as devaluations in 2014 and late 2015 hit affordability. As a result there is pent-up demand
that we expect to be unlocked as the economy improves from 2 ..."
BMI View: We revised up both the data for 2015 and the medium-term outlook for Peru's consumer
electronics market in the Q416 update. The upgrade to 2015 reflects the latest import data that show the
decline in the PC and AV segments was slightly below our expectation ..."
BMI View: As the commodities market recovers and Chile's economy moves back to a stronger growth
trajectory over the medium term, we forecast the consumer electronics market will move to a faster
trajectory. We envisage a CAGR of 5.9% over 2016-2020, with all three se ..."
BMI View: Brazil's large electronics industry provided little insulation to the market in 2015, as a reliance
on imported components and a sharp deterioration in household purchasing power resulted in a sharp
contraction in spending on consumer electronics devices. We ..."
BMI View: We forecast Colombian consumer electronics spending will increase at a CAGR of 10.6% over
2016-2020, with spending expected to reach USD5.6bn in 2020. This follows a sharp contraction in 2015,
when steep peso depreciation against the US dollar hit affordabil ..."
BMI View: Argentina has a large local electronics assembly industry that accounts for the majority of
devices sold in the country, but due to the high level of reliance on imported components, this did not offer
much insulation against the affordability squeeze from a ..."
BMI View: The economic crisis has both hit demand for devices in Venezuela and disrupted the
development of local industry. The depth of the crisis in Venezuela - with spiralling inflation, bolivar
weakness, the low oil price, regulatory risks and political uncertaint ..."