Chile Food and Drink Report Q3 2014

Chile Food and Drink Report Q3 2014

Published: May 2014
Publisher: Business Monitor International (BMI)
Product ref: 211763
Pages: 140
Format: PDF
Delivery: Immediate download

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The growth of the Chilean food and drink industry will continue to decelerate in 2014, affected by weak demand for the country's exports in the Asian markets. Recent increases in consumer prices, combined with stagnant wage growth, are set to weigh on consumer spending. This is reflected in our outlook for private consumption, which is forecast to grow at 4.5% in 2014 compared with 6.1% and 5.5% in 2012 and 2013 respectively. That said, we expect expansionary monetary policy and increased government spending to support economic activity and prevent a sharper decline in consumption.

Headline Industry Forecasts (local currency terms) ¦ Total food consumption (local currency) growth year-on-year (y-o-y) in 2014: +6.5%; compound annual growth rate (CAGR) to 2018: +6.6% ¦ Per capita food consumption (local currency) growth y-o-y in 2014: +5.6% ; CAGR to 2018: +5.8% ¦ Total soft drinks value (local currency) sales growth y-o-y in 2014: +7.1%; CAGR to 2018: +7.2% ¦ Alcoholic drinks value (local currency) sales growth y-o-y in 2014: +5.5%; CAGR to 2018: +5.8% ¦ Total mass grocery retail value (local currency) sales growth (y-o-y) in 2014: +5.6; CAGR to 2018: +5.9%

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Related research categories

By sector: General drinks

By market: Chile (in South America)


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