Emerging CEE retail markets grow 5 times

April 27, 2006

the rate of Western Europe since 2000Latest research from MINTEL finds retail sales in the 9 emerging Central and Eastern European (CEE) markets growing some 75% between 2000 and 2005. This is over 5 times the 14% growth experienced by their developed counterparts, including the Czech Republic, Poland and Hungary as well as Western Europe. In 2005 retail sales in these 9 emerging CEE markets came to a total of some 217 billion Euros, with Russia alone accounting for over three-quarters (77%) of sales at an impressive 167 billion Euros. Retail sales in the developed Czech Republic, Poland and Hungary together come to 110 billion Euros.

Related articles
February 15, 2024
Retail
Article
While Amazon maintains its position as the most shopped brand for US online shoppers (84%), some demographics, like Gen Z, have multifaceted and evolving opinions of the e-commerce giant. Mintel…
November 17, 2023
Retail
Article
It’s said that ‘money can’t buy happiness’, and most Brits (74%) believe that it can’t buy a happy Christmas either – according to the latest Mintel festive research. This is…
October 9, 2023
Consumer
Article
Nearly half (48%) of winter holiday shoppers agree they are open to shopping for pre-owned gifts for the 2023 holiday season. 45% of winter holiday shoppers plan to shop during…

Download the Latest Market Intelligence