Browsing documents with the theme of Agriculture & Food
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Uzbekistan Agriculture: Reforms pave way for rapid growth
Important sector. Agriculture accounts for 19% of GDP and 27% of the workforce in Uzbekistan. The sector has been growing at some 6-7% (official figures) per year for the past decade or so.
Large market, strategic position. Uzbekistan has a population of 30 million, the largest in the region, and, as it moves out of isolation, may develop aspirations to become a regional leader in Central Asia.
Russian Agriculture Growth: Can Russia feed the world?
The Russian agricultural sector is growing quickly helped by protection from imports and significant investment. It is likely to continue to grow as infrastructure bottlenecks are addressed. This offers significant opportunities for investors as this is one of the few natural resource sectors where foreign investment is encouraged. The government is keen to encourage both exports and processing domestically.
Russia’s Alcohol Industry: Challenges and Opportunities
A US$40 bln market. The total value of the alcoholic beverage market is estimated at US$40 bln, with beer sales at approximately US$15 bln (38%).
Substantial black market. Illegal products accounted for 38% of the alcohol market and up to 50% of vodka sales in 2016.
Beer sales fell 40% since 2008. Sales of alcoholic beverages have been declining since 2008. Beer sales have fallen 40% in that period. Last year beer sales fell 3% and a 4% drop is expected this year. The market is, however, close to leveling off as the economy pulls out of recession and heads into sustainable, if modest, annual growth.