1. Market Research
  2. > Retail Market Trends
  3. > Russia Retail Report Q4 2015

Russia Retail Report Q4 2015

  • August 2015
  • -
  • Business Monitor International
  • -
  • 68 pages

Includes 3 FREE quarterly updates

BMI View: The Ukraine crisis and resulting sanctions sent the Russian economy into recession. The rouble's deprecation, high inflation and stalling investment will continue into the final quarter of this year and, very likely, next year as well. Political situation is unlikely to change and with current sanctions in place, retailers in Russia will face tough headwinds.

Instead of a widely anticipated recovery, Russia's economy fell into the deepest recession since 1998. The local currency stopped falling against the US dollar and the euro and oil prices stabilised at the lowest level since 2009. There are few indicators which could suggest that either one will start increasing again before mid-2016. The Russian middle class was and will be hit the hardest: in USD terms, net income per household decreased by 11.6% and is forecast to plunge even further by 26.6%.

Retailers began adjusting shelf prices to rouble's value in the international market, making imported products significantly less affordable for the Russian middle class. A large share of groceries and non-food product consumption is buoyed by households exchanging and using their foreign currency reserves (keeping some US dollar savings has been widespread among Russian households since the breakup of the Soviet Union), however, they are dissipating at an alarming rate.

Table Of Contents

Russia Retail Report Q4 2015
BMI Industry View 7
SWOT 9
Political 11
Economic 12
Industry Forecast 13
Headline Retail Forecast 13
Table: Total Household Spending (Russia 2012-2019) 15
Table: Retail Sector Spending, % Of Total (Russia 2012-2019) 16
Table: Retail Sector Spending, % of GDP (Russia 2012-2019) 17
Table: Headline Retail Sector Spending (Russia 2012-2019) 18
Retail Sector Forecast 19
Food, Drinks and Tobacco 20
Table: Food, Drink and Tobacco Spending (Russia 2012-2019) 21
Clothing and Footwear 22
Table: Clothing and Footwear Spending (Russia 2012-2019) 22
Household Goods 23
Table: Household Goods Spending (Russia 2012-2019) 24
Personal Care and Effects 25
Table: Personal Care Spending (Russia 2012-2019) 26
Household Numbers and Income Forecast 26
Table: Household Income Data (Russia 2012-2019) 28
Table: Labour Market Data (Russia 2012-2019) 30
Demographic Forecast 31
Table: Total Population (Russia 2012-2019) 33
Table: Population: Babies (Russia 2012-2019) 33
Table: Population: Young Children (Russia 2012-2019) 33
Table: Population: Children (Russia 2012-2019) 34
Table: Population: Young Teens and Older Children (Russia 2012-2019) 34
Table: Population: Young People (Russia 2012-2019) 34
Table: Population: Older Teenagers (Russia 2012-2019) 35
Table: Population: 21yrs + (Russia 2012-2019) 35
Table: Population: Young Adults (Russia 2012-2019) 36
Table: Population: Middle Aged (Russia 2012-2019) 36
Table: Population: Urban (Russia 2012-2019) 36
Macroeconomic Forecasts 37
Economic Analysis 37
Table: Economic Activity (Russia 2010-2019) 41
Industry Risk Reward Index 42
Central And Eastern Europe Risk/Reward Index 42
Table: Central And Eastern Europe - Retail Risk/Reward Index 42
Russia - Risk/Reward Index 44
Rewards 44
Risks 45
Market Overview 47
Competitive Landscape 51
Shopping Centres 51
Mass Grocery Retail 51
Fashion 52
Home Improvement 53
Pharmacies and Personal Care 53
Glossary 54
Methodology 62
Industry Forecast Methodology 62
Sources 65
Risk/Reward Index Methodology 65
Table: Retail Risk/Reward Index Indicators 66
Table: Weighting Of Indicators 68

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Quarterly Beverage Tracker First Quarter 2016: East Europe; Comprehensive Quarterly Analysis of Year on Year Performance for All Commercial Beverages

Quarterly Beverage Tracker First Quarter 2016: East Europe; Comprehensive Quarterly Analysis of Year on Year Performance for All Commercial Beverages

  • $ 12 400
  • Industry report
  • May 2016
  • by Canadean Ltd

Summary The improving economic conditions across the region have been reflected by increased consumer confidence levels. Belarus and Ukraine have seen the biggest decreases in consumption as the economies ...

Global Retail Sales of Home Improvement and Gardening Supplies Retailers: Market Size, Growth and Forecast to 2020

Global Retail Sales of Home Improvement and Gardening Supplies Retailers: Market Size, Growth and Forecast to 2020

  • $ 10 995
  • Industry report
  • August 2016
  • by Verdict Retail

Summary Verdict Retail's, "Global Retail Sales of Home Improvement and Gardening Supplies Retailers: Market Size, Growth and Forecast to 2020" provides detailed historic and forecast statistics on retails ...

Global Retail Sales of Clothing, Footwear, Accessories and Luxury Goods Specialists: Market Size, Growth and Forecast to 2020

Global Retail Sales of Clothing, Footwear, Accessories and Luxury Goods Specialists: Market Size, Growth and Forecast to 2020

  • $ 10 995
  • Industry report
  • August 2016
  • by Verdict Retail

Summary Verdict Retail's, "Global Retail Sales of Clothing, Footwear, Accessories and Luxury Goods Specialists: Market Size, Growth and Forecast to 2020" provides detailed historic and forecast statistics ...


ref:plp2015

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.