Analytics, Baltic, Financial Services, Retail
International Internet Magazine. Baltic States news & analytics
Thursday, 25.04.2024, 06:05
Baltic consumers spend most in retail chains
"In the first quarter of 2017, 29% of all household
consumer spending went to supermarket chains, 17% to hypermarket chains and 15%
to small supermarket chains. In the first quarter of 2017, the respective
figures were 26%, 21% and 12% in Latvia and 32%, 23% and 6% in Estonia,"
Baltmi said in a press release.
According to the communique, specialized stores rank second
in terms of the share of spending, with Lithuanian consumer spending 15 % of
household spending there and Latvian and Estonian spending at over 18%.
Different goods in retail chains and specialized stores
feature different penetration, with specialized and traditional stores
generating 30% turnover of beer, 29% of soft drinks and nearly 13% of water
category in the January-March period of this year. Meanwhile, Lithuanian
households spent nearly 3 % of fast turnover goods online and nearly 3% in
marketplaces.