Romanians consuming more food now than previous year?

The revenue for food and beverage companies selected from our pool of main players [over RON 1mn in revenues] increased by over 12% on the year to RON 38.5bn [over EUR 9bn] in 2011.

The growth rate was similar in euros. Food prices increased by 6% y/y nominally on average – effectively real sales actually increased by approximately 6% on the year in 2011.

Overall net profit margin improved slightly to 1.3% in 2011 from 1.1% in 2010 – but there are wide discrepancies among separate market segments.

Generally, the profitability in beverages lags behind that in the food area.

Structure of the food and beverages market, by segment

This is only a small extract of the insights in the Intellinews Romania Agri-Food Sector report; read more and purchase>>