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Learn moreJan 2021
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Algeria’s economy contracted sharply in 2020 and was hit by two shocks—the spread of COVID-19 and the sharp decline in oil prices, as oil and natural gas account for the bulk of budget revenues. With the Algerian dinar depreciating as a result of the economic crisis, this made imports in particular more expensive, and there was also general inflation and lower disposable incomes, particularly among lower- and middle-income consumers.
On 17 March, the country closed its land, air and sea borders to travellers and banned mass gatherings, including for collective prayers. On 23 March, total lockdown was imposed in the prefecture of Blida, near Algiers, the initial focal point of the epidemic in Algeria.
Initially there was supply problems of hot drinks due to difficulties transporting between cities and some wholesalers being temporarily closed. Companies got more of a handle of it later in the year, though there was still a degree of supply disruption throughout 2020.
Unlike many other countries across the world, there was no surge in e-commerce due to COVID-19 in Algeria, as the infrastructure is not sufficiently developed yet for online shopping.
Retail benefitted from COVID-19, with volume and current value sales increasing across all hot drinks. With people forced to stay home, they consumed large amounts of hot drinks.
It is hoped that the economy will bounce back relatively quickly from COVID-19 and therefore the outlook for hot drinks should be positive over the forecast period. Despite further growth being projected, other hot drinks is expected to see slower retail volume growth over the forecast period compared to the review period.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Hot Drinks industry in Algeria with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Hot Drinks industry in Algeria, our research will save you time and money while empowering you to make informed, profitable decisions.
When you purchase this report, you also get the data and the content from these category reports in Algeria for free:
The Hot Drinks in Algeria market research report includes:
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This industry report originates from Passport, our Hot Drinks market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.