Recently released market study: Slovenia Food & Drink Report Q1 2013

2013-01-30 08:51:45 - Recently published research from Business Monitor International, "Slovenia Food & Drink Report Q1 2013", is now available at Fast Market Research

We have revised our private consumption growth forecasts for 2012, 2013 and 2014 to -0.5%, 0.6% and 1.6% respectively, from -0.7%, 1.6% and 2.5% previously. These forecast revisions are backed up by leading indicator data. The unemployment rate remains severely elevated, at 11.6%, almost double the rate seen back in late 2008, and employment prospects are unlikely to improve anytime soon with corporates focused on deleveraging and eurozone economic activity proving lacklustre. Moreover, ongoing financial pressures within the domestic banking sector will see to it that the supply of additional credit to the domestic economy remains severely limited. Finally, the consumer confidence indicator, compiled by the statistics office, has fallen since the start of 2012 and is indicative of weakening

domestic confidence owing to continued eurozone uncertainty.

Headline Industry Data (local currency)

Full Report Details at
- www.fastmr.com/prod/529494_slovenia_food_drink_report_q1_2013.as ..

* 2013 per capita food consumption: +0.6%; forecast compound annual growth rate (CAGR) to 2017: +1.1%.
* 2013 alcoholic drinks value sales: +1.2%; forecast CAGR to 2017: +2.0%.
* 2013 soft drinks value sales: +4.5%; forecast CAGR to 2017: +3.5%.
* 2013 mass grocery retail sales: +4.5%; forecast CAGR to 2017: +5.6%.

Key Company Trends

Lactalis Acquires Slovenian Dairy Firm: In October 2012, France-based dairy company Lactalis reached an agreement to acquire a controlling 50.3% stake in Slovenian dairy firm Ljubljanske Miekarne. The Slovenian company is active across the dairy industry, and the move represents the latest indication of the consolidation that has taken place across Europe's dairy sector over the past few years, with Lactalis among the most active participants.

Croatian Agrokor Failing to Muscle In On Mercator: Slovenia's leading food retailer Mercator finds itself particularly exposed to severe consumer spending weakness in its home market and across the Baltic region, where it has invested heavily over the past few years. In its first half to June 2012, Mercator reported a loss of EUR16.5mn. Slovenia has been the base from which Mercator has expanded aggressively into countries such as Croatia and Serbia, where the food retailing sectors largely remain poorly developed. While there is a lot of room for growth, ongoing weakness across the region suggests that the trading environment will remain extremely challenging for some time yet.

Key Risks To Outlook

Downside Risks Prevail: The biggest risk to Slovenia's consumer outlook over the next few years lies abroad. A major deterioration in the eurozone sovereign debt crisis, or even just a greater-than-expected slowdown in the core eurozone nations, would have severe knock-on effects on the Slovenian economy, not only via depressed trade and investment flows, but also via credit channels and broader economic sentiment.

Partial Table of Contents:

SWOT Analysis
- Slovenia Food Industry SWOT
- Slovenia Drink Industry SWOT
- Slovenia Mass Grocery Retail Industry SWOT
Business Environment
- BMI's Core Global Industry Views
- Table: Core Views
- CEE Food & Drink Risk/Reward Ratings
- Table: Central & Eastern Europe Q113 Food & Drink Risk/Reward Ratings
- Table: Central & Eastern Europe Q113 Food & Drink Risk/Reward Sub-Factor Ratings (scores out of 10)
- Slovenia's Food & Drink Risk/Reward Rating
- Macroeconomic Outlook
- Table: Economic Activity
Industry Forecast Scenario
- Consumer Outlook
- Food
- Food Consumption
- Table: Food Consumption Indicators - Historical Data & Forecasts, 2010-2017
- Confectionery
- Table: Confectionery Value/Volume Sales - Historical Data & Forecasts, 2010-2017
- Canned Food
- Table: Canned Food Volume/Value Sales - Historical Data & Forecasts, 2010-2017
- Pasta
- Table: Pasta Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
- Meat
- Table: Meat Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
- Dairy
- Table: Dairy Volume Sales, Production & Trade - Historical Data & Forecasts, 2010-2017
- Drink
- Alcoholic Drinks
- Table: Alcoholic Drinks Volume/Value Sales - Historical Data & Forecasts, 2010-2017
- Soft Drinks
- Table: Soft Drinks Volume/Value Sales - Historical Data & Forecasts, 2010-2017
- Hot Drinks
- Table: Hot Drinks Volume/Value Sales - Historical Data & Forecasts, 2010-2017
- Trade
- Table: Trade Indicators - Historical Data & Forecasts, 2010-2017
- Mass Grocery Retail
- Table: Mass Grocery Retail Sales By Format - Historical Data & Forecasts, 2010-2017
- Table: Grocery Retail Sales Breakdown By Format Type (% of total)
Food
- Key Industry Trends And Developments
- Lactalis Acquires Slovenian Dairy Firm
- Israeli Frutarom Continues Europe Expansion
- Regional And Domestic Consolidation Continues
- Market Overview
- Food Production
- Food Consumption
- Confectionery
- Canned Food
- Trade
- Agriculture
Drink
- Key Industry Trends And Developments
- Leading Brewer Cutting Losses
- Serbian Nectar Taking Over Slovenian Fructal
- Increased Focus On Foreign Sales
-

Full Table of Contents is available at:
-- www.fastmr.com/catalog/product.aspx?productid=529494&dt=t

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at www.fastmr.com or call us at 1.800.844.8156.