Lithuania Food and Drink Report 2015 - Business Monitor International - Industry Reports

Lithuania Food and Drink Report 2015

Lithuania Food and Drink Report 2015 - Business Monitor International - Industry Reports
Lithuania Food and Drink Report 2015
Published Dec 20, 2014
95 pages — Published Dec 20, 2014
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Abstract:

While a breakdown of the Q--- GDP figure is not available at the time of writing, we believe domestic demand has also suffered due to the significance of the external sector for Lithuania s small, open economy. Lending support to our view has been a series of high-frequency economic indicators. Industrial production contracted by -.- y-o-y in September on a workday-adjusted basis. While pointing to growing pressure on private consumption, the modest abatement in retail trade growth is also reflective of the resilience of the household sector, which has been bolstered by falling unemployment and rising wages. Headline Industry Data (local currency) Per capita food consumption growth in ----: +-.- ; compound annual growth rate (CAGR) to ----: +-.- Alcoholic drinks sales value growth in ----: +-.- ; CAGR to ----: +-.- Total mass grocery retail sales growth in ----: +-.- ; CAGR to ----: +-.- ...While pointing to growing pressure on private consumption, the modest abatement in retail trade growth is also reflective of the resilience of the household sector, which has been bolstered by falling unemployment and rising wages. Headline Industry Data (local currency) Per capita food consumption growth in ----: +-.- ; compound annual growth rate (CAGR) to ----: +-.- Alcoholic drinks sales value growth in ----: +-.- ; CAGR to ----: +-.- Total mass grocery retail sales growth in ----: +-.- ; CAGR to ----: +-.-

...A relatively low-cost, skilled labour pool and geographic setting allow for a competitive location for export-based production. More than one-third of household expenditure is spent on food and non-alcoholic beverages. ...Market growth is constrained by the highly concentrated retail environment. Despite recent growth, Lithuania is still one of the poorest countries in the EU. Lithuania s economy, which has the weakest structural foundations of any of the three Baltic States, is particularly subject to instability. Despite being the largest Baltic market, Lithuania still so small that many companies operate on a pan-Baltic level to gain economies of scale. ...Despite recent growth, Lithuania is still one of the poorest countries in the EU. Lithuania s economy, which has the weakest structural foundations of any of the three Baltic States, is particularly subject to instability. Despite being the largest Baltic market, Lithuania still so small that many companies operate on a pan-Baltic level to gain economies of scale.

...A mixed track record of economic growth and structural reform is having a negative effect on food and beverage sectors. Despite recent growth, Lithuania is still one of the poorest countries in the EU. Lithuania s economy, which has the weakest structural foundations of any of the three Baltic States, is particularly subject to instability. ...

  
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Document ID
1749-2823
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Industry
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Lithuania Food and Drink Report 2015" Dec 20, 2014. Alacra Store. Dec 08, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Lithuania-Food-and-Drink-Report-2015-2026-605>
  
APA:
Business Monitor International - Industry Reports. (2014). Lithuania Food and Drink Report 2015 Dec 20, 2014. New York, NY: Alacra Store. Retrieved Dec 08, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Lithuania-Food-and-Drink-Report-2015-2026-605>
  
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