Ukraine Food and Drink Report Q1 2014

Ukraine Food and Drink Report Q1 2014

Published: December 2013
Publisher: Business Monitor International (BMI)
Product ref: 191062
Pages: 133
Format: PDF
Delivery: Immediate download

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BMI View: During 2013 we downgraded our outlook for real GDP growth in Ukraine for the year, and 2014, and expect GDP to grow by just 1.0% in 2014. We maintain our expectations for growing external account imbalances to drive a devaluation of the hryvnia by the end of the year. Our expectations are for a significant slowdown in private consumption growth in 2013 and 2014, to 3.8% and 1.9% from 13.5% in 2012, as weaker external demand drives higher unemployment and the boost from elevated pre-election social transfers fades.

Headline Industry Data (local currency) ¦ 2014 per capita food consumption = +7.0%; five-year compound annual growth rate (CAGR) forecast to 2017 = +7.9% ¦ 2014 alcoholic drinks value sales = +7.5%; five-year CAGR forecast to 2017 = +8.2% ¦ 2014 soft drinks value sales = +7.7%; five-year CAGR forecast to 2017 = +8.5% ¦ 2014 mass grocery retail = +8.4%; five-year CAGR forecast to 2017 = +9.4%

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By sector: General drinks

By market: Ukraine (in Europe)


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