Domestic Coffee Machine Market Overview in Russia
In value terms, domestic coffee machine production amounted to $743M in 2010 estimated in export prices. The total output value increased at an average annual rate of +10.7% over the period from 2007 to 2010; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2009 with an increase of 31% against the previous year. In that year, domestic coffee machine production attained its peak level of $756M, and then declined slightly in the following year.
The revenue of the domestic coffee machine market in Russia amounted to $346M in 2010, surging by 1.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, domestic coffee machine consumption continues to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2009 with an increase of 3% against the previous year. Domestic coffee machine consumption peaked at $425M in 2007; however, from 2008 to 2010, consumption remained at a lower figure.