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Venezuela Retail Report Q2 2016

Venezuela Retail Report Q2 2016

BMI View: While long-term prospects look favourable for Venezuela, the short-term growth forecastremains uncertain, and at best will remain subdued over the medium run. The ruling government's highlyinterventionist stance in retail, along with high inflation, a weak currency and subdued oil revenues providefor a uncertain economic outlook remain the greatest challenges facing the retail sector. The effect will seea rapid contraction in spending and disposable income levels and purely essentials focussed purchases asconsumer confidence remains low.Key Views & Developments

While the country's economic struggles continue, discount retailers and sellers of basic goods willcontinue to perform relatively well.

Low oil prices will continue, affecting Venezuela's balance of payments picture and government income.This will have a negative impact on the government's extensive subsidy programmes and will damageconsumer confidence.

BMI Industry View
Industry Forecast
Headline Retail Forecast
Table: Total Household Spending (Venezuela 2013-2020)
Table: Retail Sector Spending, % Of Total (Venezuela 2013-2020)
Table: Retail Sector Spending, % of GDP (Venezuela 2013-2020)
Table: Headline Retail Sector Spending (Venezuela 2013-2020)
Retail Sector Forecast
Food & Drink
Table: Food, Drink & Tobacco Spending (Venezuela 2013-2020)
Clothing & Footwear
Table: Clothing & Footwear Spending (Venezuela 2013-2020)
Household Goods
Table: Household Goods Spending (Venezuela 2013-2020)
Personal Care
Table: Personal Care Spending (Venezuela 2013-2020)
Household Income And Numbers Forecast
Table: Household Income Data (Venezuela 2013-2020)
Table: Labour Market Data (Venezuela 2013-2020)
Demographic Forecast
Table: Total Population (Venezuela 2013-2020)
Table: Population: Babies (Venezuela 2013-2020)
Table: Population: Children (Venezuela 2013-2020)
Table: Population: Young Teens and Older Children (Venezuela 2013-2020)
Table: Population: Young People (Venezuela 2013-2020)
Table: Population: Older Teenagers (Venezuela 2013-2020)
Table: Population: 21yrs + (Venezuela 2013-2020)
Table: Population: Young Adults (Venezuela 2013-2020)
Table: Population: Middle Aged (Venezuela 2013-2020)
Table: Population: Urban (Venezuela 2013-2020)
Industry Risk Reward Ratings
Latin America Risk/Reward Index
Table: Latin America Retail Risk/Reward Index, Q216
Venezuela - Risk/Reward Index
Market Overview
Competitive Landscape
Clothing & Footwear
Table: Selected Clothing & Footwear Retailers
Household Goods
Table: Selected Household Goods Retailers
Table: Selected Electronics Retailers
Department Stores
Table: Selected Department Stores
Table: Selected E-Commerce Retailers
Table: Selected Pharmaceutical Retailers
Industry Forecast Methodology
Risk/Reward Index Methodology
Table: Retail Risk/Reward Index Indicators
Table: Weighting Of Indicators

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