{"id":880,"date":"2023-02-01T09:30:34","date_gmt":"2023-02-01T09:30:34","guid":{"rendered":"https:\/\/www.brcgroup.net\/wp_test\/?p=880"},"modified":"2023-02-01T09:36:42","modified_gmt":"2023-02-01T09:36:42","slug":"lithuanias-october-market-review-2","status":"publish","type":"post","link":"https:\/\/www.brcgroup.net\/wp_test\/lithuanias-october-market-review-2\/","title":{"rendered":"Lithuania\u2019s October Market Review"},"content":{"rendered":"<p>October looked great for MDA sector with +13% growth in sales value. The biggest declines, in terms of units, were in ovens -11%, built-in hobs grew +13%, washing machines grew +8%, microwaves grew +21%, and freezers grew +5%. In terms of monetary value, the largest increases were recorded in microwaves +44%, freezers and refrigerators +23%, built-in hobs +14%. Washing machines, ovens and dryers each grew by 11%. So October was a really good month for the MDA sector and the remaining months of this year should look more stable.<\/p>\n<p>The SDA sector in October is very similar to September, sales units remain with no growth. Sales values grew only +3%. The biggest declines were in vacuum cleaners -10% and irons -8%. The biggest growth was in the dental care equipment category +20% and shavers +9%. In terms of sales value, it was negative only for hot beverage makers -7%. Dental category recorded a growth of +24%, shavers +11%, irons +8% and vacuum cleaners +6%. It appears that similar trends will continue through the end of the year, but it is likely that the SDA will enter a falling phase.<\/p>\n<p>The TV sector has been negative in both units sold and value over the past 8 months. In October, sales volumes fell to -8% and sales value fell to -2%. On the other hand, these results were to be expected and it looks like the TV market will not fall drastically in the near future.<\/p>\n<p>The SMP sector performed rather modestly in October after a wonderful September. Sales were down -1%, while sales value was up +17%. The new flagship models launched in September seem to be struggling with supply shortages, so the coming months could bring negative results.<\/p>\n<p>IT sector in October has again showed a decline, this time we have -6%. The biggest unit declines were in printers with -19% and monitors -15%. The sales units of notebooks and media tablets remained the same as in October 2021. IT sector showed a growth of +11% in October in terms of value. Notebooks grew by +19%, media tablets by +7%. Sales of printers decreased by -13% and monitors -11%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>October looked great for MDA sector with +13% growth in sales value. The biggest declines, in terms of units, were in ovens -11%, built-in hobs grew +13%, washing machines grew +8%, microwaves grew +21%, and freezers grew +5%. In terms of monetary value, the largest increases were recorded in microwaves +44%, freezers and refrigerators +23%, &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/www.brcgroup.net\/wp_test\/lithuanias-october-market-review-2\/\"> <span class=\"screen-reader-text\">Lithuania\u2019s October Market Review<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":883,"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\/880"}],"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=880"}],"version-history":[{"count":1,"href":"https:\/\/www.brcgroup.net\/wp_test\/wp-json\/wp\/v2\/posts\/880\/revisions"}],"predecessor-version":[{"id":881,"href":"https:\/\/www.brcgroup.net\/wp_test\/wp-json\/wp\/v2\/posts\/880\/revisions\/881"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brcgroup.net\/wp_test\/wp-json\/wp\/v2\/media\/883"}],"wp:attachment":[{"href":"https:\/\/www.brcgroup.net\/wp_test\/wp-json\/wp\/v2\/media?parent=880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brcgroup.net\/wp_test\/wp-json\/wp\/v2\/categories?post=880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brcgroup.net\/wp_test\/wp-json\/wp\/v2\/tags?post=880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}