Russia Food and Drink Report Q2 2014

Business Monitor International
March 26, 2014
98 Pages - SKU: BMI5222031
Countries covered: Russia

Russia Food and Drink Report Q2 2014

BMI View: The weakening rouble is of concern to food and drink and wider consumer-facing companiesgiven that this will make importing raw materials into Russia more expensive, and will also weaken thepurchasing 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 ofthe 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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