Due to the departure of foreign brands, sales of household appliances and electronics in Russia fell by 15%

Due to the departure of foreign brands, sales of household appliances and electronics in Russia fell by 15%

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The total volume of sales of household appliances and electronics in Russia at the end of 2022 amounted to 2.2 trillion rubles, the analytical company Infoline calculated. According to her, compared to the year before last, this market decreased by 15.4%.

Infoline CEO Ivan Fedyakov recalls that many large companies (mainly American, Japanese and Korean) have decided to leave the country, including Samsung, LG, Apple, Asus, Hewlett-Packard, Panasonic, Sony. Other large manufacturers (Huawei, Xiaomi, Lenovo) have limited their trade relations with Russia, the expert adds.

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