The pace of consumption in coffee changed in Slovakia in 2022, as local consumers used up supplies they had stockpiled in 2021 during lockdown. In addition, COVID-19 restrictions on foodservice were lifted, enabling the industry to fully reopen and boosting on-trade volume sales.
In 2022 private label products rose in popularity, especially in tea and other hot drinks, as local consumers sought better value for money when inflation weakened household purchasing power. The majority of private label ranges offer UTZ-certified coffee and cocoa beans, which increases consumption of fair-trade products among Slovakians concerned about responsible, sustainable production.
The gains made by private label in 2022 was mitigated to some extent by brands conducting aggressive price discounting activities. This is expected to continue in 2023 as inflationary pressures impact household purchasing power and Slovakians see a decline in their disposable income.
Distribution channels for hot drinks in 2022 favoured retail stores with more selling space and a better product assortment, such as supermarkets and hypermarkets. E-commerce continues to grow, but as local consumers return to pre-pandemic shopping habits, this channel’s share remains small.
The foodservice industry began to recover in 2022, with COVID-19 restrictions lifted entirely in March. Nevertheless, high inflationary pressure has constrained the extent to which local consumers are willing to spend money in cafés and restaurants.
Sales of hot drinks in 2023 were impacted by a rise in average current unit prices, which has led to a sharp increase in current retail value sales, a trend that is set to continue across the forecast period.
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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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