Russia Food and Drink Report Q3 2014

Russia Food and Drink Report Q3 2014

Published: July 2014
Publisher: BMI Research
Product ref: 216780
Pages: 94
Format: PDF
Delivery: Immediate download

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BMI View: A weaker rouble in 2014 has been a major concern for food and drink and wider consumerfacing companies as it has made importing raw materials into Russia more expensive, and weakened the purchasing power of the consumer base. However, over the past month or so the rouble has strengthened as the Ukraine/Russia crisis has cooled down. This improves the outlook for private consumption over the rest of 2014 vis-a-vis the outlook two-three months ago.
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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