2013-03-02 15:43:46 -
Recently published research from Business Monitor International, "South Africa Retail Report Q1 2013", is now available at Fast Market Research
The South African Retail Report examines the long-term potential of the local consumer market, but flags short-term concerns about the impact on South Africa's economic outlook of a weakening of the already subdued domestic housing market.
The report examines how best to maximise returns in the South African retail market while minimising investment risk, and also explores the impact of serious headwinds from the global economy and potentially high investor risk aversion on the South African consumer and on the ability of producers and exporters to realise returns in the short term.
The report also analyses the growth and risk management strategies being employed by the leading players in the South African retail sector, as they seek to maximise the growth opportunities
offered by the local market.
Full Report Details at
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www.fastmr.com/prod/541305_south_africa_retail_report_q1_2013.as ..
South African per capita consumer spending is forecast to increase by 27.5% between 2013 and 2016, compared with a regional growth average of -2.7%. The country comes first (out of seven) in BMI's MEA Retail Risk/Reward Ratings, although it underperforms for Risk.
Among all retail categories, autos will be the outperformer between 2013 and 2016 in growth terms, with unit sales forecast to increase by 48.1%, from an expected 771,529 units to 1,142,851 units in 2016. The size of the country, significant rural land coverage and the agricultural sector will continue to provide a substantial market for four-wheel drive vehicles, light pickups and SUVs. In the competitive arena, BMI sees upside potential in the Automotive Production and Development Programme, which replaces the existing MIDP in 2013. This offers incentives to manufacturers investing in local production, and could boost output.
Over the last quarter, BMI has revised the following forecasts/views:
* BMI holds to its view for South Africa to see tepid growth over the medium term, forecasting that real GDP will expand by 2.5% in 2012 and 3.3% in 2013, with risks weighted to the downside. Although private consumption should hold up relatively well, serious headwinds from the global economy will inevitably take their toll on growth.
* BMI is relatively positive on private consumption in South Africa, forecasting real growth of 2.8% in 2012 and 3.3% in 2013, following a 5.0% expansion in 2011. Although our figures suggest a notable slowdown we highlight that, given the bleak outlook for the global economic environment, the numbers are fairly decent. Retail sales in South Africa rose 8.3% in June 2012 from a year earlier, compared with a 1.2% decline in the euro region, and credit rose by 7.7% year-on-year in the same month. Spending on clothing and footwear in South Africa totalled US$10.5bn in 2011, according to the central bank.
Partial Table of Contents:
BMI Industry View
SWOT
- SWOT
- Political
- Economic
- Business Environment
Industry Forecast
- Industry Forecast Scenario
- Table: Retail Sales Indicators, 2009-2016
- Table: Retail Sales Breakdown By Key Segment, 2013f
- Economic Analysis
- Table: South Africa - Economic Activity
Industry Risk Reward Ratings
- Middle East And Africa Risk/Reward Ratings
- Table: Middle East And Africa Regional Retail Risk/Reward Ratings
- South Africa Risk/Reward Ratings
- Limits To Potential Returns
- Risks To Realisation of Returns
Market Overview
- Current Trends
- Key Players
Regional Overview
- Middle East And North Africa Overview
- Table: Middle East And Africa Retail Trends, 2009-2016
- Table: Middle East And Africa Regional Retail Sales, 2009-2016 (US$bn)
- Table: Share Of Regional Retail Sales, 2009-2016 (%)
Mass Grocery Retail
- SWOT
- Industry Forecast Scenario
- Table: MGR Sales By Format - Historical Data & Forecasts, 2010-2017
- Table: Sales Breakdown By Retail Format Type
- Table: Trade Indicators - Historical Data & Forecasts, 2010-2017
- Market Overview
- Table: Table: Structure Of South Africa's Mass Grocery Retail Market By Estimated Number Of Outlets, 2004-2011
- Table: Table: Structure Of South Africa's Mass Grocery Retail Market - Sales By Format (US$bn), 2004-2011
- Table: Table: Average Annual Sales Value By Format - 2011
Autos
- SWOT
- Table: South Africa Food Industry SWOT
- Table: South Africa Drink Industry SWOT
- Table: South Africa Mass Grocery Retail Industry SWOT
- Industry Forecast Scenario
- Table: Autos Sector Aggregate Investment, 2005-2012
- Table: Sales, 2009-2016
- Table: Production, 2009-2016
- Table: Trade, 2009-2016
- Market Overview
Consumer Electronics
- SWOT
- Industry Forecast
- Table: Consumer Electronics Overview
- Table: State Information Technology Agency (SITA)
- Market Overview
- Table: Table: Consumer Electronics Overview, 2010-2017
- Table: Table: AV: Demand, 2010-2017
- Table: Table: Mobile Handsets: Demand, 2010-2017
Demographic Forecast
- Demographic Outlook
- Table: South Africa's Population By Age Group, 1990-2020 ('000)
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Full Table of Contents is available at:
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www.fastmr.com/catalog/product.aspx?productid=541305&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
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