Get this report today!
Table of Contents
Includes 3 FREE quarterly updates
We continue to expect the Romanian economy to post modest growth in the coming months, on the back of
improving private consumption and the recovering agricultural sector, which had suffered due to poor
weather conditions. Nevertheless, private consumption will not grow dramatically, as the sluggish external
environment continues to weigh on the economy, and inflation remains elevated. We also note that VAT in
Romania stands at 24%, which is among the highest globally. That said, unemployment has recovered since
mid-2012, with wage increases also benefitting discretionary spending patterns. Generally speaking, we are
still positive about the Romanian consumer story in the long term, certainly on a regional level, given the
size of its population and also the relative immaturity of its food and drinks markets.
Headline Industry Data (local currency)
• 2013 per capita food consumption growth = +4.83% year-on-year (y-o-y); forecast compound annual
growth rate (CAGR) to 2017= +5.42%.
• 2013 alcoholic drinks sales growth = +5.00% y-o-y; forecast CAGR to 2017= +5.51%.
• 2013 soft drinks sales growth = +5.11% y-o-y; forecast CAGR to 2017= +6.95%.
• 2013 mass grocery retail sales growth = +8.73% y-o-y; forecast CAGR to 2017= +10.53%.
Talk to Louis
+1 718 618 4302
The Largest Collection of Market Research Reports
From +200,000 authoritative sources
TechNavio's analysts forecast the Global Energy Drink market to grow at a CAGR of 13.38 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing brand ...
65% of the anticipated US$100 bn growth in soft drinks over 2012-2018 is set to come from categories perceived as natural: bottled water, RTD tea and juice. All the same, demand for functionality is accelerating, ...
Product Synopsis Published by Canadean, this Quarterly Beverage Tracker report provides a detailed analysis of the latest developments in the Turkey beverage market Introduction and Landscape Why was the ...
... E.V., Concerning the organisation and tasks of the protective association, as well as future challenges facing the fruit-juice industry. fruit processing: this year, the sgf can look back on 40 years ...
Reportlinker.com © Copyright 2014. All rights reserved.