Romania Food and Drink Report Q2 2014

Romania Food and Drink Report Q2 2014

Published: March 2014
Publisher: Business Monitor International (BMI)
Product ref: 199771
Pages: 139
Format: PDF
Delivery: Immediate download

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Although we forecast Romanian real GDP growth to slow modestly to 2.8% in 2014, from an estimated 3.3% increase in 2013, we believe the economy is rebalancing towards a more stable and sustainable structure. While the economic growth has been largely driven by the country's robust exports, strengthening private consumption, supported by low inflation and favourable credit conditions, is expected to provide an important additional boost for the economy. This sets a firm foundation for moderate growth for Romania's food and drink sector over the coming years.

Headline Industry Data (local currency) ¦ Food consumption growth year-on-year (y-o-y) in 2014: +5.1%; compound annual growth rate (CAGR) to 2018: +5.4%. • Per capita food consumption growth (y-o-y) in 2013: +5.3%; CAGR to 2018: +5.7%. • Alcoholic drinks value sales growth (y-o-y) in 2014: +3.7%; CAGR to 2018: +2.5%. • Soft drinks value sales growth (y-o-y) in 2014: +10.3%; CAGR to 2018: +6.8%. • Total mass grocery retail sales growth (y-o-y) in 2014: +7.6%; CAGR to 2018: +6.9%.

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Related research categories

By sector: General drinks

By market: Romania (in Europe)


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