date:May 29, 2012
Research and author of the report, said that confectionery consumption in Egypt is likely to decrease by around 8% in 2012.
I feel growth levels will lag over the next couple of years at least,Thomas told ConfectioneryNews.com.
The economic crisis will adversely impact consumer spending, he said, and with a leading 35% of expenditure in Egypt going on food and drinks, any downturn in the economy will hit this sector hard especially for products seen as luxuries, like chocolate, by large secti