After several years of slow, stable growth for retailing, current value decline was seen in 2020, with COVID-19 being the main factor driving the fall in sales. However, there were significant differences in performances between channels, ranging from significant growth to exceptional decline. With the emergence of COVID-19 in the country...
Many categories in retailing in Italy suffered greatly in 2020 due to the widespread and severe negative impact of the COVID-19 pandemic. In fact, aside from e-commerce, mobile e-commerce and food and drink e-commerce, which performed well as a result of the restricted movement during the COVID-19 pandemic and lockdown periods, almost all...
Due to the Coronavirus (COVID-19) pandemic, China experienced an unprecedented halt in economic activity in January and February 2020. The government imposed a series of measures to limit the spread of the virus, including store closures and restrictions on public movement, with most of the country under lockdown. Chinese retailing recorded...
Many Nigerian businesses were negatively impacted by the lockdown in the first half of the year to control the spread of COVID-19, leading to job losses, some permanent closures, disruption to supply chains and weaker consumer spending. The local currency suffered depreciation and manufacturers who depend on imports were put under intense...
Foodservice outlets throughout Georgia were forced to close for almost half of 2020, as a measure against the spread of COVID-19. This caused severe declines in on-trade sales volumes of coffee, tea and other hot drinks. Hot Drinks in Georgia report offers a comprehensive guide to the size and shape of the market at a national level....
In 2020, hot drinks in Saudi Arabia registered strong growth in off-trade volume and value terms; however, total volume and value sales of coffee and tea declined slightly as the Saudi government mandated the closure of cafés and restaurants in the early half of the year to try to restrict the spread of the COVID-19 virus. Hot Drinks...
Before COVID-19 struck, Egypt had been starting to recover from the severe devaluation of the Egyptian pound in late 2017 which led to steep inflation and inflation was lower in 2020, which has protected demand for hot drinks. Hot Drinks in Egypt report offers a comprehensive guide to the size and shape of the market at a national...
During 2020, the COVID-19 pandemic led to mandatory closures of foodservice venues for long periods of time, followed by restricted re-openings. Though many locations offered delivery or takeaway, cafés and other venues that serve hot drinks did not particularly benefit from this, as hot drinks are not typically bought in foodservice to then...
All categories of hot drinks, especially other hot drinks, saw an increase in retail demand in the early half of 2020, as consumers stockpiled goods such as coffee and tea during the COVID-19 pandemic. These products benefitted not only from stockpiling, but from consumers spending more time at home during lockdown. Hot Drinks in...
The Azerbaijani government moved to shorten foodservice opening hours on 22 March, before closing all foodservice outlets altogether on 29 March. Some outlets were permitted to reopen on 4 May, but these did not include those in the country’s biggest cities, Baku, Ganja, Sumgayit and Lankaran, where the rates of COVID-19 infection were still...