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Ukraine grocery market: 64% CAGR growth forecast between 2013-2017

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Ukraine Food and Drink Report Q3 2013 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-24 10:43:02
We have downgraded our outlook for real GDP growth in Ukraine in 2013 and 2014, and now expect GDP to contract by 1.4% in 2013 and 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.Additionally, Ukraine´s GDP per capita is expected to remain one of the lowest in Europe over the decade ahead. Without institutional and economic reform, Ukraine´s current economic growth model will prove unsustainable over the coming 10 years.

Headline Industry Data (local currency)

- 2013 per capita food consumption = +9.0%; five-year forecast to 2017 = +49.4%
- 2013 alcoholic drinks value sales = +10.1%; five-year forecast to 2017 = +56.0%
- 2013 soft drinks value sales = +12.3%; five-year forecast to 2017 = +56.0%
- 2013 mass grocery retail = +11.9%; five-year forecast to 2017 = +64.2%

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Mike King
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