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Wednesday, February 8, 2023

History low for beer deliveries in Cyprus in 2020

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History low for beer deliveries in Cyprus in 2020

At the lowest point since 2002, beer deliveries to Cyprus fell in 2020, reflecting the sharp decline in tourism due to the coronavirus pandemic, which affected consumption.

According to data from the Statistical Service, total beer deliveries in 2020 fell to 30.99 million liters compared to 40.29 million, showing a decrease of 23.1%. The large contraction is mainly due to the dip in tourist arrivals and to a lesser extent to the closure of restaurants and leisure centers as a result of protective measures against the coronavirus. It is reminded that for the period January – November 2020, tourist arrivals decreased by 84%.

In this regard, beer deliveries to the domestic market fell in 2020 to 59.5 million liters or 23.9%, with domestic deliveries falling by 9.266 million liters.

On the contrary, the impact on exports was much less, as it fell by 2.6%, with exports amounting to 1.47 million liters compared to 1.51 million last year. However, last year's exports were not the lowest point recorded in 2010, with exports falling to 0.47 million liters.

Source: www.philenews.com

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