Demand shifted towards more expensive segments
On the HUF 13 billion annual tea market retail trends differ from the general trend: consumers are not trying to economise. In May 2009-April 2010 tea retail sales grew by 9 percent in value, while volume sales decreased by 2 percent. Consumers buy more from more expensive teas, herbal and green teas expanded their market share and their absolute sales augmented too. The biggest and at the same time the cheapest segment is traditional black tea, which lost 1 percentage point of its market share.
Related news
More related news >
Related news
Energy drinks are now legal: what every shopkeeper should know
New regulations on the sale of energy drinks came into…
Read more >The prices of household and hygiene products can also be tracked in the Price Watch
The online Price Monitoring System operated by the Hungarian Competition…
Read more >Voluntary price restrictions on medicines come into effect today
.The government always acts against unjustified price increases in the…
Read more >