New Market Study, "Tea in Belarus", Has Been Published
The tea market, like coffee, is heavily dependent on imports, with the fallout from the economic crisis and currency devaluation of 2011, tea growth was stymied. Although total volume sales of tea continue to increase in 2013, they are yet to reach the level seen prior to the financial crisis in 2008. Thanks to lower inflation in both 2012 and 2013 and widespread discounting, the rate of growth increased to 4% in both years, in volume terms. Inflation in Belarus,...
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