Wednesday, 17 April 2013

Egypt Food and Drink Report Q2 2013

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Egypt Food and Drink Report Q2 2013
Apr 17th 2013, 00:00

The Egyptian economy is unlikely to stage a more pronounced recovery in the near term. Without astabilisation in the political environment or greater clarity on medium-term policy, consumption andinvestment patterns will remain depressed. Nevertheless, Egypt remains one of our favourite regionalmarkets from a longer-term point of view.Headline Industry Forecasts (local currency)?? 2013 per capita food consumption growth = +10.43% year-on-year (y-o-y); forecast compoundannual growth rate (CAGR) to 2017 = +11.52%?? 2013 alcoholic drinks value sales growth = +18.12% y-o-y; forecast CAGR to 2017 = +17.22%?? 2013 soft drinks value sales growth = +15.11% y-o-y; fo...

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