In February, (as in January), MDA forecasts were the most positive. As we live with COVID restrictions for the second year in a row, we can clearly see which groups are most affected by the quarantine – large, free-standing MDA groups. February 2022 is no exception. The MDA sector grew the most, as it did …
Despite rising energy prices and inflation, the market continues to show great results with an annual growth of +12% in volume and +18% in value, which means the market is still in a growth phase. On the other hand, the whole country was in lockdown for the whole month of January. The conclusion is that …
It’s the last month of the year and the trend that began in July continues. From June to October, the market growth index fell from +25% to +16%. MDA: After the “bad” October, when the volume of supply grew only +4% and the value only +9%, the situation in the market of household appliances has …
While the MDA sector looked very promising in the last month of September with +20% growth in units and +27% growth in value, October looked poor with only + 4% growth in units and +9% in value. Are these shortcomings due to various fears of rising energy prices or is the market saturated? Many brands …
September MDA results were better than August (+19 percent) with +20% unit growth and +27% revenue growth, although stock shortages from some manufacturers have started to reach our region. Last month we saw a sudden jump in built-in household appliances, which continued through September. Growth continued in ovens +44% in value and +50% in units. …
Compared to July, August performed better in terms of value in nearly all product groups, with the exception of refrigerators, and in terms of quantity, all product categories performed better as well, with the exception of washing machines, which were down 2 percent. Compared to last year, August had excellent numbers with all sectors recording …
Overall, the market looked stable in July compared to the same period last year, with an increase of only +5% in Sales Units. A growth of 7% in the TELCO sector and +14% in the IT sector helped boost July market figures. On the other hand, Smart Watches declined this month to -7% in Sales …
If May showed continued growth, June saw a marked decrease in consumer interest. In some cases, the market fell by as much as -20% across the Baltics. However, compared with this time last year, the market did not change drastically. Sales Units actually grew by 18%, while the sales value increased by 29%. The biggest …
As expected, April’s performance was better than May’s. The quarantine, the weather and consumer behavior once again had a strong influence. Following some easing of restrictions, sales that increased in April stabilized in May. Comparing year-to-year results, the numbers look good: the market is up +26% in Sales Units. Overall, the market is strong and …
