Hot Drinks

This report examines inflation levels and drivers globally and in key countries. In 2023, global inflation is expected to ease from its peak in 2022, but remaining significantly above-trend. Geopolitical risks and uncertainty in the energy market are…

Now in its seventh edition, this report explores the top digital shopper trends that will redefine commerce the most in the year ahead. Some of the trends included in this edition touch on topics such as second-hand shopping, community group buying,…

Tea registered a stable mid-single-digit volume growth in 2022. Green tea and herbal/traditional medicinal teas remained the fastest-growing categories, with consumers appreciating herbal teas that are also functional drinks. Various functional…

Chocolate-based flavoured powder drinks is the largest sub-category in other hot drinks, which is clearly a favourite hot drink for children. However, the growing health and wellness trends are resulting in parents limiting the sweet drinks they give…

In 2022, global inflation and rising energy prices caused consumers to review their budgets and adapt their spending. The cost of coffee started to climb in 2021, reaching its height in 2022. This resulted from a bad harvest, which lowered supply…

In 2022, global coffee prices skyrocketed; the result of several factors. A bad harvest in 2021 caused a decreased supply; however, demand for coffee was growing. This caused the global unit price per kg of Arabica to grow by a quarter in 2022,…

As seen in coffee, the stronger retail value growth in tea is due to rising unit prices, whereas volume growth is in a negative figure decline. The downwards trend in tea, contrary to the trends seen in coffee, is simply due to consumers returning to…

Other hot drinks is in retail volume declines in 2022, with the stronger value growth driven solely by the rise in unit prices (as seen in both coffee and tea). However, other hot drinks has been more affected by the return to out-of-home lifestyles…

The performance of hot drinks in Romania in 2022 is being driven by two main factors – skyrocketing inflation, and the reopening of society since the lifting of pandemic restrictions in March. This has resulted in high value growth, driven by…

The significant retail value growth in coffee is driven by the increase in unit prices, with retail volume showing flat growth. The price hikes are due to the increasing costs of raw coffee beans in the production regions across the world, along with…

Following the outbreak of COVID-19, health awareness among consumers has heightened. This has driven growth in the tea landscape in Slovenia, with green tea, and herbal teas, being fast-developing area. Consumers are seeking out traditional ways of…

Tea has benefited from lower price increases than coffee and cocoa beans in 2022, making it a more affordable hot drink option and therefore popular among consumers keen to cut back on household spending as inflation weakens purchasing power. Black…

Tea recorded strong volume decline in Serbia in both 2021 and 2022 due to significant price increases as a result of the rising cost of raw materials, packaging, production and logistics. With declining disposable incomes in the country, Serbian…

Tea will achieve very strong retail value growth rate in 2022 seeing a marked acceleration from last year’s growth rate thanks to significant unit price increases. This is aiding the recovery from the moderate retail value and volume declines…

Lithuania has a strong coffee drinking culture and its popularity far outweighs tea drinking. For most consumers, tea is normally consumed as an addition to the daily intake of hot drinks, but its popularity has been waning in recent years. Black tea…

Coffee remained a much more popular drink than tea in Latvia at the end of the review period. Nonetheless, tea continued to grow in popularity. In 2020, during the height of the Coronavirus (COVID-19) pandemic, tea registered higher retail volume and…

Other hot drinks consists mainly of chocolate-based flavoured powder drinks, which children mainly consume. Over the review period, it has experienced minimal value and volume growth, driven by a declining birth rate and also parents' concern about…

The increase in the price of cocoa beans combined with the general rise in production, logistics and distribution costs has seen average current retail prices in hot drinks rise significantly in 2022. This, in tandem with the full reopening of…

Chocolate-based flavoured powder drinks recorded further growth in 2022 as young consumers are increasingly interested in hot chocolate as opposed to coffee and tea. Chocolate-based flavoured powder drinks are enjoyed for their taste and as a treat.…

Other hot drinks has been on a declining trend since the start of the pandemic as the health trend encouraged consumers to turn away from the category’s unhealthy options. In addition, the negative demographic trends are hampering consumption of…