Get this report today!
Table of Contents
Includes 3 FREE quarterly updates
BMI View: While Romania continues to be viewed with interest from a longer-term perspective, the country’s food and beverages market will remain challenging in the course of 2012. For example, recent political turmoil in Romania has pushed the Romanian leu into a new trading range against the euro, which will increase the price of imported foods, on which the country largely relies. We also expect at best a modest improvement in domestic demand in H212, as the government’s planned public sector wage increases feed through, which will push up both non-food price inflation and services inflation.
Headline Industry Data
(local currency) - 2012 per capita food consumption = +4.08%; forecast compound annual growth rate to 2016 = +5.07%
- 2012 alcoholic drinks sales = +4.47%; forecast compound annual growth rate to 2016 = +5.01% - 2012 soft drinks sales = +4.96%; forecast compound annual growth rate to 2016 = +5.74% - 2012 mass grocery retail = +8.66%; forecast compound annual growth rate to 2016 = +9.38% Key Industry Trends And Developments Food and Beverage Producers Investing in Private Retail Stores: Prominent Romanian meat processor ChrisTim is planning to open a network of mobile carts across the capital. The company already operates eight supermarkets and 15 neighbourhood stores in Bucharest, with plans also unveiled for the further expansion of this retail network. Other companies engaged in the same practice include agricultural producer Agricola Bacau, which already operates a network of Agricola Bacau stores, Murfatlar, the largest wine producer in the country, and fellow wine maker Halewood Romania Ltd, which also operates online stores, thus allowing consumers to procure wines from overseas destinations, such as New Zealand. Private stores are aiming to increase brand awareness, cut cost and provide competition against private label brands increasingly promoted by mass grocery retail (MGR) operators across the country.
Key Risks to Outlook Downside Risks Remain in Play: Risks to our outlook lie firmly to the downside, with the country highly exposed to eurozone problems through its trade patterns. Romania’s idiosyncratic political risk, with the elections in November 2012 fast approaching, could see another bout of investor risk aversion push the Romanian leu higher against the euro, which will bode poorly for imported goods. At the same time, a deterioration in the eurozone economy in the form of a country defaulting on its debt, or exiting the eurozone, would lead to further downside pressure on the leu as trade and investment flows would drop further.
Talk to Robyn
(866) 682 9815
The Largest Collection of Market Research Reports
From +200,000 authoritative sources
Product Synopsis Published by Canadean, Global Beverage Forecasts provides consumption trends from 1999 to 2011 actual, 2012 provisional and 2013 to 2018 forecasts for key beverage categories. Introduction ...
This report analyzes the worldwide markets for Sports and Fitness Nutrition Foods and Drinks in US$ Million by the following Product Segments: Sports/Energy Foods, and Sports/Energy Drinks. The report ...
The study comprises of a strategic analysis of the global market for renal denervation devices, and growth forecast for the period from 2012 - 2021. The scope of the report includes competitive analysis ...
... Premium coffee service: opportunity or challenge By jm. Vrijlandt, group sales and marketing director, selecta management ag Whilst consumers spend more money for their coffee on the go (starbucks ...
... That have been plaguing us for a long time, such as: School rationalisation Comprehensive school infrastructure plan Inter-related human resources issues (teacher supply, demand, utilisation and hr ...
... Health as a licensing objective Cutting red tape Review code on irresponsible promotions in pubs and clubs the north east alcohol office real cost of cheap drink in gateshead 46% drinking ...
Reportlinker.com © Copyright 2013. All rights reserved.