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Slovakia Food and Drink Report Q3 2008

Publication Date July 2008
Publisher Business Monitor
Product Type Report
Pages 61
ISBN Number not applicable
Product Code BMI02265
Buy this product or for assistance call +44 20 7060 7474

Summary

In BMI's Business Environment Ranking table of Food and Drink Ratings, Slovakia remains firmly in the bottom place out of the 14 markets in the Central and Eastern Europe (CEE). Key weaknesses of operating food and drink business in the country include the fact that food consumption is expected to decline over the forecast period, which represents a unique scenario in the region. Although Slovakia scores fairly well for risks to realisation of potential returns, with a receptive regulatory climate and few major barriers to entry, the overall country score is unlikely to improve in the coming months.

Nevertheless, the market has been showing some signs of activity. UK retail giant Tesco has recovered from the recent set-back of competition authorities blocking its acquisition of stores presently owned by French Carrefour, and has announced a new wave of expansions for the Slovak as well as Polish markets. In Slovakia, Tesco is looking to open 15 new stores and plans to debut its convenience store format, having recently inaugurated a new distribution centre, which will supply its CEE operations with non-food products.

Similarly, indicating that the Slovak market is not entirely without promise, UK retail giant Marks & Spencer revealed its expansion plans for Central and Eastern Europe, aiming to open 30 stores in the Czech Republic, Slovakia, Latvia, Lithuania and Estonia over the next few years. The UK retailer is planning to achieve its goal through the US$21mn investment in the joint venture (JV) with COMS, which presently operates a total of 13 stores in those countries. In the longer term, Marks & Spencer is aiming to generate 15-20% of group revenues from its international operations, given the competitiveness of its home market.

In the meantime, some food and drink segments, such as confectionery, are expected to benefit from premiumisation and marketing support among other factors common to wider global changes, with their sales forecast to rise by 34% in terms of value through 2012. The opportunities in this area are being acknowledged by foreign majors, include Cadbury Schweppes, which has been linked with a EUR270mn investment in either Slovakia or Poland, as is Dutch manufacturer Leaf International, which in 2007 opened a new production plant in the country.

Content

  • Executive Summary
  • Business Environment
    • Regional Food & Drink Business Environment Ratings
    • Table: CEE Food & Drink Ratings Q308
    • Slovakias Food and Drink Business Environment Rating
    • Global Food & Drink Business Environment Ratings
    • SWOT Analysis
    • Food And Drink
    • Slovakia Food And Drink Industry SWOT
    • Mass Grocery Retail
    • Slovakia Mass Grocery Retail Industry SWOT
    • Macroeconomic Outlook
    • Table: Slovakia Economic Activity
  • Food
    • Industry Forecast Scenario
    • Food Consumption
    • Table: Food Consumption Indicators Historical Data & Forecast
    • Confectionery
    • Table: Value/Volume Sales of Confectionery Historical Data & Forecasts
    • Trade
    • Table: Food, Drink & Tobacco Trade Indicators (US$mn)
    • Industry Developments
    • Market Overview
    • Food Consumption
    • Main Players
    • Confectionery
    • Canned Food
    • Trade
    • Agriculture
  • Drink
    • Industry Forecast Scenario
    • Table: Alcoholic Drinks Indicators Historical Data & Forecasts
    • Table: Hot Drinks Indicators Historical Data & Forecas
    • Table: Soft Drinks Indicators Historical Data & Forecas
    • Industry Developments
    • Market Overview
    • Agriculture At A Glance
    • Table: Slovakia Organic Agricultural Data
    • Table: Slovakia Agricultural Production Statistics
    • Agricultural Commodity Price
  • Retail
    • Industry Forecast Scenario
    • Table: Mass Grocery Retail Sales By Format (US$bn)
    • Table: Grocery Retail Sales By Format Historical Data And Forecasts
    • Industry Developments
  • Market Overview
    • Main Players
    • Table: Structure Of Slovakias Mass Grocery Retail Market By Estimated Number Of Outlets
    • Table: Structure Of Slovakias Mass Grocery Retail Market Sales Value By Format (US$bn)
    • Table: Average Value Per Outlet, 2007
    • Competitive Landscape
    • Key Players
    • Mass Grocery Retail
    • Table: Key Players In Slovakia Mass Grocery Retail Sector 2007
    • Food And Drink
    • Table: Key Players: Slovakia Food & Drink Sector 2007 Estimates
  • Company Analysis
    • Mass Grocery Retail
      • Coop Jednota Slovensko sd
      • Tesco Stores SR
      • Schwarz Group
    • Food
      • Tauris AS
    • Drink
      • Heineken Slovensko AS
  • Deep US Recession Scenario
  • Global Scenario
    • Table: World GDP Growth
    • Table: US GDP Growth, Investment Growth, and Private Consumption Growth
    • Table: Eurozone GDP Growth
    • Table: Asia, Excluding Japan, GDP Growth
    • Table: China GDP Growth
    • Table: Mexico GDP Growth
    • Table: Africa GDP Growth
  • CEE Food & Drink Scenario
    • Table: Impact Of Deep Us Recession On Total Food Consumption (US$Bn) In Selected CEE Markets - Cumulative US$ Impact Over 5yr
    • Forecast Period
  • Appendix
    • Food & Drink Business Environment Ratings
    • Ratings Methodology
    • Ratings Overview
    • Ratings System
    • Indicators
    • Limits Of Potential Returns
    • Risks To Realisation Of Potential Returns
    • Weighting
    • Weighting
  • BMI Food & Drink Industry Glossary
    • Food & Drink
    • Mass Grocery Retail
  • BMI Food & Drink Forecasting & Sourcing
    • How We Generate Our Industry Forecasts
    • Sourcing
Product features / use
Scope Expert Insight/Opinion yes
Level General Industry Strategies yes
Data Detailed Market Forecasts yes
Profiles Profiles of Key Companies yes
Features Contains SWOT Analysis yes
Extra Info Consumer Trends Highlighted yes

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