Namibia Retail Report - Business Monitor International - Industry Reports

Namibia Retail Report

Namibia Retail Report - Business Monitor International - Industry Reports
Namibia Retail Report
Published Oct 01, 2016
53 pages — Published Oct 01, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Housing and utilities is the largest spending category, accounting for around --.- of the household annual expenditures. Over the recent several quarters, residential housing prices have been soaring by double-digit figures, largely driven by large supply and demand imbalances as well as speculative investments. ...Taking up around -.- of the total in ----, this was the second-largest budget line among the non-essentials. Considering that there is still a large unmet demand across all segments in the residential real estate market, a number of new housing projects will sustain demand for furniture and other homewares across the coming five years. As such, we expect this category to remain one of the key spending areas, accounting for around -.- of the total expenditures by ----. ...As such, we expect this category to remain one of the key spending areas, accounting for around -.- of the total expenditures by ----.

...BMI View: Growth in Namibia s retail sector will remain subdued over the next few quarters due to sluggish economic performance, while tightening crediting conditions and elevated inflation will weigh on consumer spending and purchasing power. However, a stronger growth pick-up could be expected in ----, as inflation levels subside and the country s agricultural sector, which employs nearly a third of the total labour force, recovers from El Nino-related damages. ...BMI View: Growth in Namibia s retail sector will remain subdued over the next few quarters due to sluggish economic performance, while tightening crediting conditions and elevated inflation will weigh on consumer spending and purchasing power. However, a stronger growth pick-up could be expected in ----, as inflation levels subside and the country s agricultural sector, which employs nearly a third of the total labour force, recovers from El Nino-related damages. ...

...� In September ----, domestic upscale clothing retailer My Republic opened its fourth outlet at Am Meer in Swakopmund, Namibia. The company plans to expand its store network to -- and branch out internationally by the end of the year. � One of the key household goods retailers in Namibia Nictus reported a - sales increase in its furniture section. However, Namibian dollar depreciation is posing challenges to the company, as it imports the majority of the items sold in Namibia. � South African retailer Mr Price reported poor sales performance in Namibia during ----/----, negatively affected by the lower number of shoppers arriving from crisis-stricken Angola. ...

  
Source:
Document ID
2399-2077
Country
Industry
Format:
PDF Adobe Acrobat
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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. "Namibia Retail Report" Oct 01, 2016. Alacra Store. Dec 04, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Namibia-Retail-Report-2026-2011>
  
APA:
Business Monitor International - Industry Reports. (2016). Namibia Retail Report Oct 01, 2016. New York, NY: Alacra Store. Retrieved Dec 04, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Namibia-Retail-Report-2026-2011>
  
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