Ghana Food and Drink Report Q2 2014

Ghana Food and Drink Report Q2 2014

Published: April 2014
Publisher: BMI Research
Product ref: 202846
Pages: 90
Format: PDF
Delivery: Immediate download

Forward this to a colleague

Price: $1295.00

Don't worry. No payment is taken yet

BMI View: We have revised downward our forecast for real GDP growth in Ghana in 2014, to 5.1% from 6.4% previously. Our analyst in Accra reports that consumer spending is slowing down owing to high inflation. Meanwhile, the cedi is weakening rapidly, owing to structural macroeconomic weaknesses. Looking beyond 2014, we expect growth to pick up as oil production rises, inflation stabilises and there is more tangible progress on fiscal consolidation, all of which would boost investor sentiment. We forecast that growth will fluctuate between 6.0% and 8.0% over 2015-2018.

Headline Industry Data ¦ 2013 per capita food consumption (local currency) = +10.16%; forecast compound annual growth rate (CAGR) 2014 to 2018 = +9.7%. ¦ 2013 beer volume sales = +8.00%; forecast CAGR 2014 to 2018 = +7.52%. ¦ 2013 carbonated drinks volume sales = +9.00%; forecast CAGR 2014 to 2018 = +8.31%. Key Industry Trends Fan Milk Cuts Ghana Investment: In spring 2014, senior officials at Fan Milk stated that the company is to cut investment in Ghana because of electricity outages that are hampering storage and distribution. According to MD Jesper Bjorn Jeppesen, the company will spend about GHC15mn during 2014 in Ghana, an amount lower than originally planned.

Price: $1295.00

Don't worry. No payment is taken yet

Need help before you order?

+44 (0)1527 573 618

9:00am - 5:30pm Mon - Fri

Related research categories

By sector: General drinks

By market: Ghana (in Africa)

Not found what you were looking for?

Or contact our research team

We want to meet your research requirements. Let us know what you need, how to contact you and we will do the rest.

How do you want to be contacted?

Phone callback (one working day)

For enhanced security, please complete the following sum:

2 + 7 =

just-drinks homepage

Forgot your password?