Hot drinks saw moderate growth in 2022 slowing from the previous year. Despite some recovery, foodservice failed to reach pre-pandemic levels.
In 2022, consumers made a full return to their pre-pandemic habits in hot drinks, with total volume sales experiencing a good performance. In-home consumption rose while the category was also helped by strong recovery in hot drinks sales in bars and restaurants.
Coffee is by far the most popular hot drink in the country at every socioeconomic level. Coffee has been cultivated in the country for almost two centuries, is widely available and retails at affordable prices.
The country’s economy remained one of the weakest in Central America with estimates of 2.6% annual GDP growth, while inflation is projected to reach 7.
Moving goods is relatively easy across the country, as roads are generally good and when needed, refrigerated units move products. However, the country's road infrastructure remains poor in some rural areas, with government investment being hindered by liquidity problems and a high budget deficit.
The Central Reserve Bank (BCR) reported that El Salvador's gross domestic product (GDP) grew by 2.4% in the first quarter of 2022, and is expected to grow 2.
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Understand the latest market trends and future growth opportunities for the Hot Drinks industry in El Salvador 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.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
If you're in the Hot Drinks industry in El Salvador, 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 Coffee, Tea, and Other Hot Drinks.See All of Our Definitions
This report originates from Passport, our Hot Drinks research and analysis database.
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