Bulgaria Food and Drink Report Q3 2014

Bulgaria Food and Drink Report Q3 2014

Published: May 2014
Publisher: Business Monitor International (BMI)
Product ref: 206901
Pages: 110
Format: PDF
Delivery: Immediate download

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BMI View: Net exports will remain the key driver of economic growth in Bulgaria, as the domestic economy continues to be plagued by low consumer and business confidence. A pick-up in government expenditure has not been sufficient to offset a decline in real household consumption expenditure, indicating that domestic demand remains elusive. We forecast real GDP growth to accelerate from 0.5% in 2013 to 1.6% this year.

Headline Industry Data (local currency): ¦ 2014 food consumption growth: +0.6%; forecast compound annual growth rate (CAGR) 2013 to 2018: +1.6%. ¦ 2014 alcoholic drinks sales volume growth: +0.7%; forecast CAGR 2013 to 2018: +2.2%. ¦ 2014 soft drinks sales volume growth: +1.7%; forecast CAGR 2013 to 2018: +1.2%. ¦ 2014 mass grocery retail sales growth: +2.5%; forecast CAGR 2013 to 2018: +3%.

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Related research categories

By sector: General drinks

By market: Bulgaria (in Europe)


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