2014-02-10 00:33:01 - Ukraine Food and Drink Report Q1 2014 - a new market research report on companiesandmarkets.com
During 2013 we downgraded our outlook for real GDP growth in Ukraine for the year, and 2014, and expect GDP to grow by just 1.0% in 2014. We maintain our expectations for growing external account imbalances to drive a devaluation of the hryvnia by the end of the year. Our expectations are for a significant slowdown in private consumption growth in 2013 and 2014, to 3.8% and 1.9% from 13.5% in 2012, as weaker external demand drives higher unemployment and the boost from elevated pre-election social transfers fades.
Headline Industry Data (local currency)
- 2014 per capita food consumption = +7.0%; five-year compound annual growth rate (CAGR) forecast to 2017 = +7.9%
- 2014 alcoholic drinks value sales = +7.5%; five-year CAGR forecast
to 2017 = +8.2%
- 2014 soft drinks value sales = +7.7%; five-year CAGR forecast to 2017 = +8.5%
- 2014 mass grocery retail = +8.4%; five-year CAGR forecast to 2017 = +9.4%
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