At the start of 2020 the Hungarian economy was experiencing strong growth with above average growth in packaged food sales in retail volume and retail value compared to other EU countries. Thanks to low unemployment and household’s strengthening purchasing power, many Hungarian households entered the pandemic period in good financial standing....
The majority of packaged food types are set to enjoy retail volume boosts during the COVID-19 pandemic and the long periods of lockdowns and home seclusion imposed by the authorities as part of the national and regional responses to the virus. Given the restrictions placed on consumer foodservice and home seclusion, Russians had little option...
COVID-19 is set to have a significant impact on sales of packaged food sales in Bosnia and Herzegovina in 2020. The government’s attempts to manage the pandemic have had the most direct effect on sales. A state of emergency was introduced on 17 March, including the imposition of a curfew from 20:00 to 05:00 hrs. Although were some are regional...
In contrast with other countries, Morocco suffered little disruption to supply chains during the COVID-19 crisis in 2020, and there was less consumer stockpiling as a result. Consumers’ disinclination to stockpile also supported continuity in supply chains, although sales of long-life staples such as pasta, rice and packaged bread and cakes...
Packaged food sales in Finland in 2020 are set to be heavily impacted by COVID-19. The government’s response to the virus has been the most important factor driving or depressing sales. Workers were advised to work from home as much as possible and all schools and universities were closed from 16 March, in addition to the shuttering of state-run...
Back-to-basics will be the overriding theme in Croatian packaged food during 2020. The number of unemployed people is rising, many more are scared of losing their jobs, the local tourism industry has been devastated by the pandemic, and a significant number of households have seen a decline in their disposable income. Packaged Food...
Sales of packaged food are set to be strongly affected by the impact of the COVID-19 virus in early 2020. The Colombian government’s response to the pandemic has had the most immediate, direct effect. On 17 March, President Iván Duque declared a state of emergency, followed by the announcement of 19-day nationwide quarantine, starting on 24...
In early March, the United Arab Emirates was the one of the first countries in the region to introduce strict social distancing measures and enforce a lockdown for most hours of the day. This has led to many consumers adopting new behaviours and an increased awareness of the importance of maintaining their supplies of food. Panic buying was evident...
Similar to most other countries, packaged food in Sweden has been significantly impacted by the Coronavirus (COVID-19) pandemic. Grocery sales have boomed as consumers spend more time at home and avoid or reduce the frequency of social gatherings, such as in bars and restaurants. Unlike most countries, however, Sweden has not introduced formal...
Overall, the Chinese packaged food market has seen retail growth slow in 2020 due to the negative impact of the COVID-19 pandemic. Measures to limit the spread of the disease involved store closures and restrictions on public movement, which had an adverse effect on sales across most packaged food categories. Packaged Food in China...