Besides the huge increase of sales volume the number of brands increased drastically. Overview of the russian and cis automotive industry march 2019 5 1 russia s automotive market continued to recover in 2018, growing by 12. Current state of the russian manufacturing sector companies outlook for the russian manufacturing sectorcompanies key issues russian manufacturing companies face key stimuli and barriers for development of the russian manufacturing sectorcompanies priority strategies for manufacturing companies in russia. Aldi ranked 12th and lidl 24th in 2003, according to the report top 200 retailers worldwide by retail forward. Technical consumer goods tcg market better yearonyear improvement than in q2 2015 2. Market reports on russia russia country commercial guide.
Russia, also known as the russian federation, is located in northern eurasia and is the largest country in the world in terms of land area. However, in the mid run, the growth of supply will be ensured both by the opening of new retail facilities mega novosele shopping. Key issues russian manufacturing companies face key stimuli and barriers for development of the russian. Vkusvill appeared on the international retail radar following its announcement in march 2020 that it plans to enter the netherlands and france. Development features of retail chains in russia semantic scholar.
Russian retail market continues expansion for food products. Pmr industry report clothing and footwear retail market in. The political and commercial dynamics of russias gas export. Nov 30, 2014 this statistic illustrates the turnover of the russian retail market from 2007 to 2016. A large population and the relatively low level of development still make the russian retail market a promising target for future investment in the. Russian federation retail foods russian retail market steady on. The decline of the share of traditionals in 2014 c.
Ecommerce still only represents 34% of the total russian retail market 4% if including crossborder online sales. Russian retail market still attractive to foreign investors, say experts. Rsato1210 russian federation retail foods russian retail market steady on approved by. The retailer has managed to grow fast, reaching the highest ranks of the russian grocery retail market, and now has ambitions to expand internationally. In this publication, we will discuss the biggest trends impacting the industry and highlight how some. The wto accession will have a positive impact on easing up hightech trade. Consumer spending is the lifeblood of the retail industry.
A local russian partner familiar with market conditions and the regulatory environment can help exporters navigate the russian retail market, resolve issues, and increase the likelihood of success. Turnover of the russian retail market from 2007 to 2016 in trillion rub this statistic illustrates the turnover of the russian retail market from 2007 to 2016. According to different estimates, the quantity of special pet stores varies from 400 up to 750 in moscow and from 200 up to 400 in st. Characteristics of the retail technology development in russia. Identifies the purpose of the study as gathering exploratory data on organizational structure and product procurement process for russian retail stores. The russian ecommerce market with 195 million small packages and parcels sent to online consumers in 2016, up 20% from the previous year, russias domestic online retail market grew in real terms.
Overview of the russian and cis automotive industry. What you need to know when entering the russian market. The limited size of the market is clear from the small sales volumes of russian online retailers in comparison with major foreign players. If it is to succeed, the reform program will have to create market structures, market rules and a regulatory framework that will foster the emergence of competitive wholesale and retail markets in electricity. The political and commercial dynamics of russias gas. However, a further development of these very trends will be shaping the market profile in the eyes of investors, developers and consumers. In 20, the russian retail markets turnover amounted to 23. The political and commercial dynamics of russia s gas export strategy 1 introduction gas exports to europe have been the foundation of the revenuebase of the russian gas industry since the 1970s and have played a large part in allowing gazprom, and its predecessor the russian.
The russian food retail market holds significant potential, especially for the largest players with the ability to expand rapidly and take market share in a growing market. Results of a comparative study suggest that the russian retail market in still being at the stage of a rapid. In years letoile opened 8 specialized outlets in vladivostok city, 4 in ussuriysk city and 2 in. Latest trends and key issues in the russian retail. Russian retail market share by segment 20072016 statista. Government policy required report public distribution date. Going into 2020, consumers face three key challenges. Russia consumer goods and retail analysis and data from the eiu. European retail study 2016 market research and user. Just like in the capital, retail property market in other regions of russia did not see any significant amount of new retail space supply, with 20 hitting the unprecedentedly low level in terms of growth rate. Our database contains 6800 european retail chains and is the largest retailers database in europe. Existing retail sales outlet formats in russia the following retail sales outlet formats exist in the russian market. Nov 30, 2014 the overall turnover of the russian retail market in 20 was 23. An example of markets at this stage of development is india in the late 1990s 2 the peak stage where the market develops quickly and is prepared for modern.
Russian retail market still attractive to foreign investors. Ceo alexander simanovsky talked about the specific nature of the russian market, as well as the things that are most important to consider when launching a product on the russian market. Russian retailers experiment with new smaller formats as mini and micro markets, vending machines, kiosks. Insights of russian consumer good business tikkurila. The total supply of retail space in the northern capital will highly unlikely rise. Deloitte cis thanks all those who participated in the survey that we conducted in february 2016 as part of. The smallest retail market is the russia far east with a population density of one person per square km. Jun 30, 2016 largest retailers increasing market share in russia and planning expansion according to the latest research by cbre, retail chains in the wake of demand changes, mass market and economy retailers are actively developing their chains. The country commercial guide 2019 presents an overview of russias commercial climate, including economic, political, and market analyses.
In 20, the russian retail market s turnover amounted to 23. The volga federal district, the secondlargest retail market in russia, generates 18% of the countrys turnover. Russian programmatic market overview 2015 4 definitions programmatic is a set of online ad buying methods via automated systems and special tools for decisionmaking based on user profiles available both to publisher and advertiser. Gains in the labor market havent translated to strong wage growth. Russia consumer goods and retail service offers analysis, data and forecasts from the eiu to support industry executives decisionmaking. This page provides the latest reported value for russia retail sales mom plus previous releases, historical high. Since then the share of retail trade taken by markets has gradually fallen. Grocery retail market in russia 2017 market analysis and development forecasts for 20172022 z unique 5year forecasts prepared by the pmr team using a proven and coherent methodology z expert commentary allowing for a better understanding of the current and future situation and opportunities and threats z description of the main trends and legal changes affecting the market. Russia consumer goods and retail analysis and data from. Glassdoor lets you search all open retail jobs in russia. The global cigarette industry campaign for tobacco. The volume of the ecommerce market has been growing very fast, in the. Federal state statistics service consumer spending in russia is expected to be 188. Over the recent 15 years, russian retail sector has moved from independent stores to chain structures since such trade organization is more competitive due to a single procurement policy, economies of scale, more developed logistics, own distribution centers, greater brand recognition, etc.
May 27, 2016 it was about marketing in the crossborder segment. After the economic and political turmoil following the. Major retail networks came to market changing the structure of consumption. As a rule, international retailers open their first russian shop in moscow, with regional expansion the next logical step to developing a retail platform in russia.
Semi advocates for fast and simple implementation of the. However, the increase in the market power of retail chains is often considered as a threat. Ecommerce still only represents 34% of the total russian retail market 4% if. In the 1990s agriculture industry sector in russia was privatized followed by the emergence of. Retail sector transformation in russia agecon search. In order to make the first delivery, usually a large local import company is chosen. Overall, we expect real consumer spending growth to slow to 2. Russia retail sales yoy 19942020 data 20212022 forecast. In certain sectors there are no major players due to a lack of investment. More retail space was added to the market in various russian regions rather than in moscow. Russia retail sales mom 19952020 data 20212022 forecast. The report gained noticeable market traction with number of. In acrobat 2017, adobe extends the functionality of protected view beyond blocking writebased attacks that attempt to execute malicious code on your computer system using the pdf file format to readbased attacks that attempt to steal your sensitive data or intellectual property via pdf files.
Russian retail giants such as the x5 retail group, magnit, seventh continent and dixie chains are still among the top russian retail players. Russian federation retail foods russian retail market. Latest trends and key issues in the russian retail packaging. In the kirov oblast, their overall share of all retail sales in 2010 is now only 5%.
Read more turnover share of the russian retail market from 2007 to 2016, by segment. This page provides russia retail sales yoy actual values, historical data, forecast, chart, statistics, economic calendar and news. Overall the russian retail market will maintain a level of store expansion levels on par with 2016. Retail market saint petersburg not a single shopping centre was put into operation in q1 2017 both in st.
However, in real terms excluding inflation, supply and. Russia retail market snapshot fourth quarter 2017 market indicators overview market. The political and commercial dynamics of russias gas export strategy ii preface russia has long been regarded as the worlds preeminent gas producer, both by virtue of its reserves base and the central role played by gazprom, its stateowned gas champion in the matrix of. Shift from traditionals which have reduced their participation in the market from 74% in 2007 to 54% in 2014. The district accounted for less than 4% of total sales in 2012. Overview of the russian and cis automotive industry march 2019 5 1 russias automotive market continued to recover in 2018, growing by 12. Organic expansion of foreign retail chains to russia proved to be difficult and costly. The top two russian retailers, magnit and x5, will continue to expand stores rapidly, at least 2,000 new stores each.
This 2018 retail trends deck is based on presentations and discussions from the national retail federation s annual big show conference. Latest trends and key issues in the russian retail packaging market latest trends and key issues in the russian retail packaging market the outlook for primary packaging containers, closures and. Recently, not only in large russian cities, but also in relatively. This primer for doing business in the russian federation is prepared annually through the combined efforts of several u. The market of the capital did not experience any supply increase of quality retail space in. It was the strongest annual rise in retail sales since december 2018, as sales advanced faster for both food 2. In the 1990s, a very large part of russian retail trade was conducted in markets. Private label and instore ambiance shopping experience.
Sales revenue will continue to report solid positive sales performance and improved earnings. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by ft and is not intended to be relied upon by users in making or refraining from making any specific investment or other decisions. Grocery retail in poland 20102020 detailed analysis of convenience and proximity supermarkets segments foreword we are happy to present the extended version of the polish grocery retail market in 20102020 report published by roland berger in august 2016. Pet products market brief january 10, 2014 2 stores. We also identified the extent of russian consumers concerns. All content on is for your general information and use only and is not intended to address your particular requirements. This digitally sophisticated younger generation of up to 35 years old, make up a significant proportion of the consumer. Since then the share of retail trade taken by markets has gradually fallen there are considerable variations by region. Russia consumer spending values, historical data and charts was last updated on april of 2020.
Pmr industry report clothing and footwear retail market in russia 2018 market analysis and development forecasts for 20182023 publication dateupdate. Analysis of financial performance and operations for fiscal years ended through june 2017 using company annual reports, planet retail database and other public sources. With a growing number of highvalue jobs that pay high wages, fashion is now having a big impact not only in fashion centers on the coasts, but also in. Largest retailers increasing market share in russia and. Even more mature regions for ecommerce like north america canada, 21. Sep 30, 2012 this report contains assessments of commodity and trade issues made by usda staff and not necessarily statements of official u. Pmr industry report grocery retail market in russia 2017. Market of cosmetic products in russia and the russian far. It presents insights on purchasing power, store turn over, retail share of private consumption, sales area and inflation. All subsequent figures apply only to this segment of the russian market. Opening of about 2,072 stores is announced by the market leaders, magnit and x5 retail group.
In 2015 the very first russian retail week was visited by more than 3 000 participants, in 2016 the number of visitors was about 4 000 people, in 2017 the number of visitors was about 5 000 people, in 2018 the number of visitors was about 6 000 people and in 2019 there were more than. The russian retail week will take place already for the fourth time with more than 7 000 participants expected. Accounting for almost 30% of world gdp, the united states is the worlds largest and most demanding market for almost everything from oil to microprocessors to premium coffee. Nevertheless, the russian retail market is still highly fragmented with the 10 largest retailers by revenue controlling just 26 percent of the market 18 percent in 2009. It has all retailers ranked by turnover and also includes the number of stores for each retailer as well as individual retailer profile and address data. The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Russias food retail market overview strategic report. The event is a great platform to form main directions of retail industry development, to determine the state approaches to the development of modern and civilized retail market, to resolve the industry problems. Alexander obukhovsky director, retail department knight frank russia retail market report moscow new delivery volume dynamics source. This study offers an overview of the most impor tant indicators for european retail in 2016. We also expect that russian fashion segment will be developing. From the 3th till the 8th of june 2019 will be held the russian retail week, which is a largescale retail industry event with the participation of business and government.
We are russia s largest retailer with an established presence in the three largest formats. Russia has long been known as major resource exporter. We hope this study will guide your strategic retail decisions, whether as an. The role of chains in the russian retail sector european. The deck highlights themes that we will see emerge within the consumer and retail market this year. Q3 russian federation gfk panelmarket covers russian cities with a population of over 20 thousand inhabitants, all relevant distribution channels including internet. Russian federation retail foods retail sector continues to. This had been growing at 20% per year until 2008 when the market has leveled out in ruble terms. The lidl hard discount chain is the largest division of.
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