"Slovakia Food & Drink Report Q4 2014" is now available at Fast Market Research

Though household consumption has recovered slightly over recent quarters, we remain fairly cautious in relation to Slovakia's near-term discretionary spending in the food and drink sector. We forecast unemployment to fall to 12.5% in 2014, the first time the rate has fallen below 14% since 2010. We expect the recovery in household spending to gain traction, and hold our forecast for private consumption growth in 2014 at 2.0%, up from -0.6% and 0.2 the last two years. This implies a significant one percentage point contribution to headline growth, which has relied solely on external demand since the economic crisis hit. We forecast this increase in private consumption to translate to a 3.1% increase in total food consumption through 2014.

Full Report Details at
- http://www.fastmr.com/prod/888590_slovakia_food_drink_report_q4_2014.aspx?afid=301

Headline Industry Data (local currency)

* 2014 per capita food consumption growth = +3.05% year-on-year (y-o-y); forecast compound annual growth rate (CAGR) to 2018 = +3.73%
* 2014 alcoholic drinks sales growth = +2.53% y-o-y; forecast CAGR to 2018 = +5.06%
* 2014 soft drinks sales growth = +2.01% y-o-y; forecast CAGR to 2018 = +3.54%
* 2014 mass grocery retail growth = +3.14% y-o-y; forecast CAGR to 2018 = +4.88%

Key Company Trends

Lidl Reaffirms Its Commitment To Slovakia : Discount chain Lidl opened its doors to Slovakia's public for the first time in September 2004. In the intervening ten years it has invested more than EUR420mn in the country, increasing its footprint from 14 stores to 123 stores and two logistics centres. Marking its tenth anniversary in the country, European Supermarket Magazine reported in September 2014 that the company intended to invest a further EUR100mn in opening new outlets and refurbishing 13 of its older stores.

Dutch Retailer Ahold Exits Slovakia: Ahold announced in April 2014 that it had completed the sale of its Slovakian business to Condorum. The deal was originally agreed in November 2013, when Ahold announced that the sale of its 24 stores (with net sales of EUR159mn in 2012) and...

The Slovakia 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 Slovakia 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 Slovakia.

Key Benefits

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