Russia Food and Drink Report Q2 2014

Russia Food and Drink Report Q2 2014

Published: March 2014
Publisher: BMI Research
Product ref: 199772
Pages: 98
Format: PDF
Delivery: Immediate download

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BMI View: The weakening rouble is of concern to food and drink and wider consumer-facing companies given that this will make importing raw materials into Russia more expensive, and will also weaken the purchasing power of the consumer base. This is the core risk in our opinion. For a company like Carlsberg, which has faced numerous issues in Russia on the back of much higher beer taxes and stricter regulation of the off-trade retail sector, this would pose yet another challenge.

Headline Industry Data: ¦ 2014 per capita food consumption (local currency) = +9.4%; forecast compound annual growth rate (CAGR), 2013 to 2018 = +8.6%. ¦ 2014 beer volume sales = 2%; forecast CAGR to 2018 = 2%. ¦ 2014 fruit juice volume sales = +4.6%; forecast CAGR to 2018 = +5.0%. ¦ 2014 mass grocery retail sales (local currency) = +28.3%; forecast CAGR to 2018 = +30.3%.

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By sector: General drinks

By market: Russian Federation (in Asia), Russian Federation (in BRICM)

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