The Russian websitе Fruitnews.ru conducted a research which exotic products the Russian customers buy at least once a month. And the results were as follows:
Source: www.fruitnews.ru
In the Ulyanovsk Region in the territory of the Agroprompark Company a highly technological facility for vegetable storing with capacity of 12,000 tons is at its final stage of construction.
Construction of all-the-year-round low-temperature storage of vegetables and fruits is 90% complete. All the works were fulfilled in less than a year from when the first foundations were laid. The project is performed without financing from the Government.
Additionally, in the territory of Agroprompark an indoor retail market with 60 covered sales pavilions is under construction as well. In the retail market local agricultural producers will be able to market their goods to the customers any season of the year. It is planned that the retail market will provide sales opportunities not only to big agricultural companies producing a wide range of goods, but also to farmers and owners of private lands.
As the head of ОАО Agroprompark Mr. Sergey Pelevin said, in 2013 the second stage of the complex – exhibition pavilion and business accelerator – will be performed. These facilities, which will be constructed next year, will open doors for scientific and practical tutorials and consulting seminars, as well as to training sessions for people concerned with agricultural sector.
Source: www.freshplaza.com
More than 50% of the total yield of apples in Russia is processed. According to the company “APK-Inform: Vegetables and Fruits”, during the last two years Russian companies stocked at least 700-750 thousand tons of apples. The experts note that over the past 4 years the volume of apples processing increased by almost 35%, reflecting primarily an increase in consumption of apple juice in the country. Another proof that Russians use more apple juice, is the positive dynamics of apple concentrate imports, while reducing exports.
Back in 2008, the volume of apple concentrate imports in Russia was only 67 thousand tons, while Russian companies produced no more than 500 thousand tons of own material. In 2011, imports of concentrate raised up to 94 thousand tons, while the amount of apples’ processing increased up to 750 thousand tons. Russian exports of concentrate decreased by almost 1.5 times for the last 4 years. The experts of “APK-Inform: Vegetables and Fruits” believe that due to a good apple harvest and relatively high prices the Russian companies will process a record volume of 855 thousand tons of apples.
Source: www.fruitnews.ru
During the first few months of the 2012-2013 season Russia imported only 34 500 tons of pears. Compared to the same period of last year, the volume of purchases fell by 22%.
At the same time, Argentina, being one of the main suppliers of pears to Russia, has increased its imports by 1.4% this year (about 13 500 tons). The Argentina fruit strengthened its position in the overall shopping baskets and occupied almost 40% of the total. Last year the share of Argentina as pear exporter was 22% of the Russian market.
Source: www.fruitnews.ru
Russia’s No.2 food retailer Magnit by sales, is targeting Siberia as it presses on with a rapid expansion into the country’s regions which it believes can deliver at least another four or five years of strong growth.
Sergei Galitskiy, who opened his first shop in 1998 and has built Magnit into a 6,000-store empire, told Reuters he would stick to a winning formula of targeting low- to middle-income shoppers through mostly convenience stores.
Magnit turned over $11.4 billion in 2011, compared with $15.5 billion at Russian grocery leader X5 Retail.
But it is currently growing three times as quickly as it opens three stores a day and as X5 struggles with its shift away from acquisition-led growth and underperforming hypermarkets.
Magnit expects revenue growth, which has run at an annual rate of around 40 percent in recent years, to slow to 30-32 percent this year and gave preliminary guidance last month that it would ease further to 25-27 percent in 2013.
Magnit is grabbing business in towns from outdoor markets, kiosks and independent shops. It plans to add 800-1,000 convenience stores, up to 60 hypermarkets and 500 cosmetic shops next year – similar to the expansion this year.
Source: www.reuters.com
Russian retail group X5 has reported consolidated net retail sales growth of 10.4 per cent,
and a decline of 0.7 per cent in like-for-like sales for the three months to the end of September.
The group’s third quarter hypermarket sales decreased by 9.9 per cent year-on-year, which it attributed to the cancellation of the chain’s loyalty program in February and the negative impact of the format’s like-for-like sales, which dropped 12 per cent.
The convenience format performed well with sales up 74.3 per cent, and 11.6 per cent on a like-for-like basis. Supermarket sales were down 5.9 per cent, as its like-for-like sales declined by 2.7 per cent. X5’s soft discounter operations reported a 15.9 per cent sales increase, 2.6 per cent on a like-for-like basis.
The group increased its net sales space by 8 per cent in the first nine months of the year and added 174 stores in the third quarter, 157 soft discounters, nine supermarkets and 14 convenience stores, bringing its total to 3,472.
Source: www.esmmagazine.com
Producers from the southern regions of the Russian Federation have started to sell winter apples at extremely low prices. The reason for this is the surplus of autumn apples in the market, both of local and imported origin.
The prices are not even close to the autumn prices. Having lost the benefit of attractive prices, the winter apple sellers are not likely to succeed.
Russian farmers cannot raise the prices for apples even to the level of 30 Rubles per kilogram. Producers from Moldova suggest the price of 18-20 Rubles per kilogram, suppliers from Poland – 22-27 Rubles.
Source: www.freshplaza.com
According to the research of analytical company”Romir”, Russians’ spending at food and consumer goods increased by 3% in September 2012 compared to August 2012 and returned to the level of April 2012 .
Compared to September of the last year, expenditures increased by 13% in nominal terms, that is twice more than inflation rate.
In August 2012, consumer spending began to go up and the same tendency could be observed in September 2012.
However, it is too early to speak of changing of the situation in the country – October data should be studied to draw some conclusion.
Analysts blame the seasonal surge in consumer activity, which resulted in the prices growth. In September, consumer spending usually grow because of a new school year.
According to some analysts, the Russians become freer from the fear of possible economic crises, and they began to spend more money again despite the fact that, as shown by other polls, a significant part of the population do not have enough money and had to economize on food and cut daily expenses.
Source: www.newsru.com
Russian retailer, Magnit, has announced this week that its September sales grew by 36%, year on year, to 36.1 billion roubles ($1.16 billion US), after rising 34% in August.
Last month the company obtained 145 new outlets, bringing the total number of stores to 6,119.
Last month Magnit raised its full-year sales growth guidance for 2012 to 30-32 percent from 30 percent and said that it expected growth to slow to 25-27 percent next year.
Source: www.freshplaza.com
Russian retailer sees consolidated net sales climb, although like-for-like sales fall 0.7 per cent
In Russia, X5 Retail Group has announced that its consolidated net sales jumped 10.4 per cent through the third quarter of 2012, climbing to RUB116bn (€2.8bn), driven by sales growth at Pyaterochkas, organic store growth at supermarkets and ongoing promotional activities.
However, the company’s like-for-like sales for the quarter dropped 0.7 per cent, as customer traffic fell 2.5 per cent, although there was an increase in like-for-like sales at convenience stores of 11.6 per cent.
Indeed, small-store formats such as Perekrestok Express and Pyaterochka outperformed the larger outlets such as Perekrestok supermarkets and Karusel hypermarkets, the group noted.
Source: www.fruitnet.com