Recently published research from Business Monitor International, "Belarus Food & Drink Report Q1 2015", is now available at Fast Market Research
[USPRwire, Fri Jan 23 2015] The Belarusian economy will continue benefitting from increased agricultural exports to Russia in the wake of the Kremlin's ban on Western food imports. However, increased food exports to Russia are expected to maintain elevated consumer price inflation on the back of food supply shortages , thus suppressing private consumption growth .
Headline Industry Data
* Food consumption value (local currency) growth (y-o-y) in 2014: +18.2%; compound annual growth rate (CAGR) 2013-2018: +14.3%
* Per capita food consumption value (local currency) growth (y-o-y) in 2014: +18.8%; CAGR 2013-2018: +14.9%
* Alcoholic drinks value (local currency) sales growth (y-o-y) in 2014: +24.3%; CAGR 2013-2018: +15.7%
* Alcoholic drinks volume sales (litre) growth (y-o-y) in 2014: +4.8%; CAGR 2013-2018: +3.2%
SPX Receives USD28mn Contract From Biocom : In 2014, the US food processing equipment supplier SPX has won a USD28mn contract from Belarus-based Biocom to supply dairy processing system for its Nesvizh Baby Food Factory in Belarus. Under the terms of the contract, SPX will provide Biocom with a turnkey dairy processing system featuring a range of solutions using ultrafiltration and infusion technologies. The system will comprise an array of highly engineered SPX equipment, including homogenizers, separators, plate and scraped surface heat exchangers, bacteria clarifiers, pumps, valves, membrane technology, extended shelf life technology with microfiltration and ultra high temperature tubular infusion plants.
President Calls For A More Competitive Belcoopsoyuz : In February 2013, Belarus' President Alexander Lukashenko was reported by BelTA to be calling for Belcoopsoyuz, the Union of Consumer Cooperatives, to become more competitive. He was reportedly supportive of the union but urged more assertiveness and aggressiveness in terms of market penetration and product placement, including lowering prices to stave off competition from private...
The Belarus Food & Drink Report features Business Monitor International (BMI)'s market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.
BMI's Belarus Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in Belarus.
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