{"id":835,"date":"2022-04-01T09:24:40","date_gmt":"2022-04-01T09:24:40","guid":{"rendered":"https:\/\/www.brcgroup.net\/wp_test\/?p=835"},"modified":"2022-04-01T09:48:24","modified_gmt":"2022-04-01T09:48:24","slug":"lithuanias-december-market-review","status":"publish","type":"post","link":"https:\/\/www.brcgroup.net\/wp_test\/lithuanias-december-market-review\/","title":{"rendered":"Lithuania\u2019s December Market Review"},"content":{"rendered":"<p>It\u2019s 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%.<\/p>\n<p>MDA: After the &#8220;bad&#8221; October, when the volume of supply grew only +4% and the value only +9%, the situation in the market of household appliances has improved in November &#8211; the growth in terms of volume is +7% and in terms of value MDA grew by +13%. Considering the fact that the market was limited by a lockdown in December 2020 and MDA is not a popular online sales sector, we expected at least a double-digit percentage growth, which was reflected in an increase of 18% in value and 25% in value. Almost all groups increased in both volume and value, with the exception of freezers, down 4%, and value -7%. The problem-solving groups &#8211; dishwashers and tumble dryers &#8211; again showed the largest gains. Dishwashers saw growth of 39% and tumble dryers +34%. Built-in appliances were no less impressive, with volume growth of +20% and value growth of +28%. Unexpectedly, washing machines also showed a slight breakthrough this time &#8211; volume growth of +22%, value growth of +27%.<\/p>\n<p>SDA &#8211; after a not so good November, December has consolidated the market with growth of 16% in units and 28% in value. In terms of individual categories, vacuum cleaners grew +33% in units and +41% in value. Irons were the second largest category, with +14% growth in units, followed by shavers at +12%. The hot beverage makers and dental care product categories were not as impressive with +9% growth.<\/p>\n<p>TV is one of the most valuable retail groups, but for the sixth consecutive month, the TV market is down in units. In August it was +4%, in September it remained without growth, October and November were down to -8%, December is no exception and the decline continues at -6%. The trend is clear, the market for units will continue to shrink. However, there was a +5% growth in sales units.<\/p>\n<p>SMP &#8211; The most important market group. After a few months of sad results,<br \/>\nDecember improved the SMP results. The market grew +7% in units and 19% in value.<\/p>\n<p>The IT sector slowly started to shrink after the back-to-school season ended. In December, sales units increased by a rough 1% only for media tablets. Printers fell 17%, notebooks 4% and monitors 6%. In terms of sales value, the results look more positive with +12% growth. Media tablets grew by 17%, monitors by 10%, notebooks by 12%, only printers fell by 8%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s 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 &#8220;bad&#8221; October, when the volume of supply grew only +4% and the value only +9%, the situation in the market of household appliances has &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/www.brcgroup.net\/wp_test\/lithuanias-december-market-review\/\"> <span class=\"screen-reader-text\">Lithuania\u2019s December Market Review<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":843,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.brcgroup.net\/wp_test\/wp-json\/wp\/v2\/posts\/835"}],"collection":[{"href":"https:\/\/www.brcgroup.net\/wp_test\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brcgroup.net\/wp_test\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brcgroup.net\/wp_test\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brcgroup.net\/wp_test\/wp-json\/wp\/v2\/comments?post=835"}],"version-history":[{"count":2,"href":"https:\/\/www.brcgroup.net\/wp_test\/wp-json\/wp\/v2\/posts\/835\/revisions"}],"predecessor-version":[{"id":844,"href":"https:\/\/www.brcgroup.net\/wp_test\/wp-json\/wp\/v2\/posts\/835\/revisions\/844"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brcgroup.net\/wp_test\/wp-json\/wp\/v2\/media\/843"}],"wp:attachment":[{"href":"https:\/\/www.brcgroup.net\/wp_test\/wp-json\/wp\/v2\/media?parent=835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brcgroup.net\/wp_test\/wp-json\/wp\/v2\/categories?post=835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brcgroup.net\/wp_test\/wp-json\/wp\/v2\/tags?post=835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}