Qatar Food and Drink Report Q1 2013
Report description
We retain our very positive outlook on the Qatari consumer sector, even as local economic growth has slowed. Although Qatar is set to remain one of the star performers of the Middle East & North Africa (MENA) region in the near term, the economy lost some momentum in 2012, largely as a result of slowing growth in the hydrocarbon sector. With signs of higher inflation and a slowdown in bank lending, as well as a plateau forming in oil production, we expect 2013 growth to be more moderate than in the past few years, and have adjusted our GDP forecast downward to 5.0%, from 6.8% previously. Nevertheless, consumer confidence is expected to remain strong, with consumers benefiting from a highly expansionary policy stance on the part of the government, with large public sector wage hikes continuing to bolster household incomes.
Qatari private consumption has been expanding rapidly in the past few years, given further impetus by a 60% hike to the wages of public sector employees, approved in September 2011. The YouGov/Bayt.com consumer confidence index has remained broadly stable throughout 2012; in the latest survey (done in October), 54% of Qatari respondents expected both personal finances and employment opportunities to become better in a year's time. We therefore expect household spending to remain expansionary through 2013, albeit at a growth rate lower than in previous years.
Headline Industry Data
¦ 2013 food consumption growth = +6.13%; forecast to 2017 = +35.4%.
¦ 2013 soft drinks value sales = +8.77%; forecast to 2017 = +50.5%.
¦ 2013 mass grocery retail sales = +7.70%; forecast to 2017 = +46.1%.
¦ 2013 supermarket sales = +3.75%; forecast to 2017 = +26.5%.
Table of contents
Chapter - BMI Industry View
Chapter - SWOT
Food
Drink
Mass Grocery Retail
Chapter - Industry Forecast
Consumer Outlook
Food
Food Consumption
Table: Food Consumption Indicators - Historical Data & Forecasts, 2010-2017
Drink
Soft Drinks
Table: Soft Drinks Value/Volume Sales - Historical Data & Forecasts, 2010-2017
Hot Drinks
Mass Grocery Retail
Table: Mass Grocery Retail Sales - Historical Data & Forecasts, 2010-2017
Table: Grocery Retail Sales By Format, %
Trade
Table: Food & Drink Trade Indicators - Historical Data & Forecasts, 2010-2017
Chapter - Macroeconomic Forecast
Chapter - Industry Risk Reward Ratings
Qatar
MIddle East And North Africa
Table: Middle East And North Africa Q113 Risk/Reward Ratings
Table: Middle East & North Africa Q113 Food & Drink Risk/Reward Sub-Factor Ratings (scores out of 10)
Chapter - Market Overview
Food
Food Production
Halal Food
Drink
Hot Drinks
Soft Drinks
Mass Grocery Retail
Chapter - Industry Trends And Developments
Food
Key Gulf Region Industry Trends
Drink
Key Gulf Region Industry Trends
Mass Grocery Retail
Key Gulf Region Industry Trends
Chapter - Competitive Landscape
Food And Drink
Table: Key Players In Qatar's Food & Drink Sector
Mass Grocery Retail
Table: Key Players In Qatar's Mass Grocery Retail Sector
Chapter - Company Profile
Unilever North Africa Middle East
Hassad Foods
Masafi
Carrefour MAF
EMKE Group (Lulu)
Chapter - Global Industry Overview
Global Food & Drink Core Views
Table: Core Views
Chapter - Demographic Forecast
Table: Qatar's Population By Age Group, 1990-2020 ('000)
Table: Qatar's Population By Age Group, 1990-2020 (% of total)
Table: Qatar's Key Population Ratios, 1990-2020
Table: Qatar's Rural And Urban Population, 1990-2020
Chapter - Glossary
Food & Drink
Mass Grocery Retail
Chapter - Methodology
Risk/Reward Ratings Methodology
Table: Rewards
Table: Risks
Table: Weighting
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Office opening hours
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The office is closed during weekends.
Current time at just-drinks headquarters: 7:55pm (Monday, 20 May 2013)
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