Colombia

Colombia was hit hard by the COVID-19 pandemic in 2020, which sent the country’s economy into recession. The pandemic, coupled with a sharp decline in oil prices, will have a long-term impact on the country’s economic, financial and social ...

Self-service cafeterias are mainly found in captive locations. For years, they were mostly found in retailers, providing fast, standard and affordable food for their customers. However, over time the model became outdated and did not experience any ...

The outbreak of COVID-19 in 2020 had a strong impact on the consumer foodservice industry, with dine-in options closed from April to September 2020. Throughout this period, restaurants survived by offering consumers takeaway and delivery services. ...

Full-service restaurants were heavily impacted by the outbreak of COVID-19 in 2020, with closures and ongoing restrictions leading to a value decline of 33%. As the main value offer of these outlets is a dine-in experience, meals offered through ...

A lockdown period was installed in March 2020 in Colombia, which required all limited-service restaurants to close their doors to dine-in consumers. Those that could offer takeaway and delivery services during this time did so, leading to the weakest...

In 2020, street stalls/kiosks recorded a double-digit value decline of 30%, with stores having to close for the first half of the year, followed by low foot traffic for the rest of 2020. An additional barrier to sales was consumers fears surrounding ...

During 2020, foodservice venues were impacted more severely depending on their geographical location. Travel, leisure and lodging restaurants saw a sharp drop in sales, aligned to the fall in both international and domestic tourism, with long-stay ...

Bars have been one of the subsectors hardest hit by the pandemic in 2020. Following a six-month closure, bars were permitted to reopen in September. However, due to the size of these venues, many were unable to align to COVID-19 restrictions, and ...

Sales of womenswear dropped substantially over the course of 2020 as the COVID-19 pandemic had a very negative impact on demand in the category. Faced with the closure of retail stores for an extended period, the country’s apparel and footwear ...

Colombia’s apparel and footwear industry faced a bleak year during 2020 as the COVID-19 pandemic and the official response to it caused major disruption in production supply chains and manufacturing operations as well as wholesale supply chains and ...

The declines registered in sales of footwear during 2020 were deeper than those recorded in apparel as the COVID-19 pandemic took a heavier toll on demand for footwear than it did for most types of apparel. The most important factor contributing to ...

Sportswear was among the categories that suffered the least severe sales declines across Colombia’s apparel and footwear industry during 2020. Although the category still registered double-digit sales declines over the course of the year due to the ...

Hosiery recorded steep sales declines during 2020 as the negative impact of the COVID-19 pandemic hit demand hard. Hosiery is often an impulse purchase and thus sales suffered due to the very conservative approach to spending that emerged among the ...

2020 saw childrenswear record less severe sales declines than either menswear or womenswear as the category benefited from the more essential status of these products generally. While many Colombians were willing to reduce spending on womenswear and ...

Although sales of jeans declined substantially over the course of 2020, sales declines in the category were mitigated to some extent by the shift towards more casual styles of clothing that was seen in Colombia during the year. Underpinning this ...

One of the leading local menswear companies, Arturo Calle adapted rapidly to changes in the market due to COVID-19 pandemic during 2020. With all apparel and footwear specialist retailers forced to remain closed for an extended period from March 2020...

2020 saw apparel accessories emerge as the only category of apparel footwear in Colombia to register positive growth as sales of apparel accessories benefited from the COVID-19 pandemic. This unique situation emerged due to the dramatic increase seen...

After a disappointing 2019, demand for surface care boomed in 2020 as many consumers sought to increase their levels of home cleanliness and hygiene during the COVID-19 pandemic. Home care disinfectants registered strong double-digit retail volume ...

Consumers continued to value bleach for its disinfectant and sanitising properties at home during the COVID-19 pandemic and the product became one of the most valued items on household shelves. The low retail price of bleach used to be key to the ...

Colombian consumers used less laundry care during the lockdown periods in 2020. Most families were confined to their homes and unable to go out to their workplaces or schools, leading to a lower requirement to launder work and school wear. In ...