Czech Republic: Retail Food Sector
As a result of the improved economic situation in 2014, grocery retailers registered a 2% growth in value sales last year. The main trends include stronger emphasis on quality of products, focus on satisfactory range of domestic or regional products and shopping in smaller outlets which are located nearer to houses. Even though most Czech consumers still remain price-sensitive, there is a growing number of consumers willing to pay a higher price for a higher quality. U.S. exports of consumeroriented agricultural products to the Czech Republic grew by 36% in the past five years, from $17.4 million in 2009 to $23.8 million in 2014. U.S. food exports with good sales potential include dried fruits, tree nuts, wine, distilled spirits, fresh beef, fish and seafood, sauce, spices, baking mixes, and snacks.
