1. Market Research
  2. > Retail Market Trends
  3. > Serbia Retail Report Q1 2016

Serbia Retail Report Q1 2016

  • January 2016
  • -
  • Business Monitor International
  • -
  • 63 pages

BMI View: Global economic fluctuations, changing consumer demographics and poor governance foster a poor retail outlook for Serbia where high unemployment persists and suppressed household incomes continue to lag behind regional averages in the CEE. Past 2016, however, household incomes, employment and GDP growth will recover and the potential for retail expansion will improve, with communications and tourism offering the greatest prospects. The Serbian economy, which depends heavily on the trade with the EU and Russia, has been suffering since the onset of the financial crisis. The country's output struggled to make any significant gains and unemployment skyrocketed.

Many households make conservative decisions in the retail market as a consequence of a 19.5% unemployment rate, which makes almost a fifth of the country's labour force dependent on social welfare. Economic projections for Serbia indicate that the recovery of the retail market will be delayed: real GDP is projected to rise by only 0.3% and 1.0% in 2015 and 2016 respectively. 2015 has marked a turnaround in the country's growth and monetary stimulus (the central bank cut interest rates six times in the first three quarters of 2015) will put the economy on the right track: real GDP growth is anticipated to average 4.0% during 2017-2019. As a result, the unemployment rate will start declining more rapidly and is forecast reach 15.0% at the end of our five-year forecast period.

Table Of Contents

Serbia Retail Report Q1 2016
BMI Industry View 7
SWOT 9
Retail SWOT 9
Political 11
Economic 12
Industry Forecast 13
Headline Retail Forecast 13
Table: Total Household Spending (Serbia 2012-2019) 14
Table: Retail Sector Spending, % Of Total (Serbia 2012-2019) 17
Table: Retail Sector Spending, % of GDP (Serbia 2012-2019) 18
Table: Headline Retail Sector Spending (Serbia 2012-2019) 18
Retail Sector Forecast 20
Food and Drink 21
Table: Food, Drink and Tobacco Spending (Serbia 2012-2019) 22
Clothing and Footwear 22
Table: Clothing and Footwear Spending (Serbia 2012-2019) 23
Household Goods 23
Table: Household Goods Spending (Serbia, 2012-2019) 24
Household Numbers And Income Forecast 25
Table: Household Income Data (Serbia 2012-2019) 26
Table: Labour Market Data (Serbia 2012-2019) 29
Demographic Forecast 30
Table: Total Population (Serbia 2012-2019) 31
Table: Population: Young Children (Serbia 2012-2019) 32
Table: Population: Children (Serbia 2012-2019) 32
Table: Population: Young Teens and Older Children (Serbia 2012-2019) 32
Table: Population: Young People (Serbia 2012-2019) 33
Table: Population: Older Teenagers (Serbia 2012-2019) 33
Table: Population: Young Adults (Serbia 2012-2019) 33
Table: Population: Middle Aged (Serbia 2012-2019) 34
Macroeconomic Forecasts 35
Economic Analysis 35
Table: Economic Activity (Serbia 2010-2019) 39
Industry Risk/Reward Index 40
Central And Eastern Europe Risk/Reward Index 40
Table: Central And Eastern Europe Retail Risk/Reward Index, Q116 40
Serbia Risk/Reward Index 41
Rewards 41
Risks 42
Market Overview 44
Competitive Landscape 47
Glossary 50
Methodology 57
Industry Forecast Methodology 57
Sources 60
Risk/Reward Index Methodology 60
Table: Retail Risk/Reward Index Indicators 61
Table: Weighting Of Indicators 63

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 ...


Download Unlimited Documents from Trusted Public Sources

Retail Sales Markets in the US and the UK

  • September 2016
  • Retail Sales  

  • United States  

    United Kingdom  

View report >

E-Commerce Industry in Vietnam - Forecast

  • September 2016
    4 pages
  • E-Commerce  

    E-Commerce  

  • Vietnam  

    Asia  

View report >

The future of the Retail Sales Industry in the UK

  • September 2016
    3 pages
  • Retail Sales  

  • United Kingdom  

    Japan  

    Europe  

View report >

Related Market Segments :

Retail

ref:plp2016

Reportlinker.com © Copyright 2016. All rights reserved.

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