Ukraine's Lodging Industry Seeing Recovery
Euromonitor International
Industry Overview Hotels current value sales grew by 7% in 2017 to reach UAH8.8 billion. Compared to 2016, when sales increased by just 2%, such a performance can be seen as a strong recovery. However, a weak economy and unstable political situation…
Ukraine: On a Recovery Path, Amidst Major Challenges
Roshni Wani Thapa
After two prolonged years of deep recession, with real GDP plunging by 15.7% over 2013-2015, the Ukrainian economy posted a real GDP growth of 2.3% in 2016. This can be attributed to the approval of the International Monetary Fund’s (IMF’s) four-year…
Обзор рынка алкогольных напитков Украины в 2016 году
Euromonitor International
В 2016 году Украинский рынок алкоголя продолжил падение, но оно значительно замедлилось в сравнении с 2015 годом, когда объем рынка сократился на 20%. За последние два года, повышение ставок акциза, а также введение дополнительных лицензий,…
Alcoholic Drinks in Ukraine: Trends and Future Prospects
Euromonitor International
The Ukrainian alcoholic drinks market continued its decline in 2016, yet the decline significantly slowed down in comparison with 2015 when sales volume dropped by 20 percent. The negative performance was fueled by increased excise duties, the weak…
Top Five Emerging Markets to Watch for Digital Potential
Swarnava Adhikary
Emerging market consumers are driving uptake of the new-age digital services, from superfast mobile broadband to digital commerce. Some markets are performing better than others due to higher degree of sophistication in the telecom landscape, greater…
From Fuel to Foodservice: West Oil Group’s Success in a Challenging Ukrainian Market
Euromonitor International
Challenging economic and political conditions are making these tense times for consumer foodservice in Ukraine. The number of outlets declined by 12% in 2014 and by 10% 2015, while the market shrank by 3% in US dollar value terms in 2014, with a…
Three Factors Influencing the Coffee Market in Ukraine
Euromonitor International
The coffee market in Ukraine in 2016 is likely to be influenced by the agreement between Ukraine and the European Union. This agreement means that imports between the two parties are no longer subject to import tax. While this may increase rivalry…
Top Five Opportunities in the Beverages Industry in CIS Region
Euromonitor International
The economic turmoil in Russia and Ukraine in 2014-2015 echoed across neighbouring CIS countries in terms of devaluation, leading to a down-trading trend in these markets. However, what seems as a negative prospect at first glance has potential…
Ukrainian Consumers Shift to Domestic Apparel and Footwear Brands
Euromonitor International
[embed]http://traffic.libsyn.com/euromonitor/Ukranian-Brands-Euromonitor.mp3[/embed] The crisis in the Ukraine is still negatively impacting the apparel and footwear market in the country. Since 2014, over 30 international brands have left the…