The inflationary impact on average current unit prices in coffee in 2022 is expected to slow down somewhat in 2023. Although growth in premium products such as coffee beans and capsules may falter, overall volume sales are expected to benefit as local consumers switch across to cheaper, higher volume fresh ground coffee.
As inflation stabilises, fresh coffee beans and capsules and fresh ground coffee pods will see dynamic growth as discerning local consumers continue to demand high-quality coffee experiences at home. Coffee machines for grinding beans and appliances that are compatible with a wider range of coffee capsules are expected to become more affordable.
On-the-go channels are expected to make a full recovery across the forecast period, although this is unlikely to happen until after 2023. Forecourt retailers will seek to attract more on-the-go consumers by upgrading their appliances and offering coffee shop quality experiences.
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Understand the latest market trends and future growth opportunities for the Coffee industry in Hungary with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Coffee industry in Hungary, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This is the aggregation of fresh coffee and instant coffee. Please note that foodservice sales of coffee are volumes sold to the on-trade (foodservice) sector and not those sold to the consumer.See All of Our Definitions
This report originates from Passport, our Coffee research and analysis database.
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