Latvia Food and Drink Report 2014

Latvia Food and Drink Report 2014

Published: November 2013
Publisher: Business Monitor International (BMI)
Product ref: 189073
Pages: 118
Format: PDF
Delivery: Immediate download

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BMI View: We remain relatively sanguine about the near-term consumer outlook in Latvia and believe that the improving economic outlook could entice back some of the estimated 12% of the population that has emigrated over the past decade, creating upside risks to our forecasts. However, falling population numbers still mean subdued longer-term commercial prospects.

Headline Industry Data (local currency) ¦ 2014 per capita food consumption: +3.2%; forecast compound annual growth rate (CAGR) to 2017: +3.2% ¦ 2014 alcoholic drinks sales: -0.3%; forecast CAGR to 2017: +3.0% ¦ 2014 soft drinks sales: +3.3%; forecast CAGR to 2017: +3.2% ¦ 2014 mass grocery retail sales: +12.2%; forecast CAGR to 2017: +4.6%

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Related research categories

By sector: General drinks

By market: Latvia (in Europe)


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