Restaurants in Honduras: Short-Term Outlook

As authorities remove restrictions on restaurants to prevent the spread of covid-19, demand for out-of-home food service is predicted to fall by about 14%.

Tuesday, June 16, 2020

Through a demand-income sensitivity model, developed by CentralAmericaData's Trade Intelligence Unit, it is possible to project the variations that household demand for different goods and services will undergo as the most critical phases of the spread of covid-19 are overcome and the measures restricting mobility in the countries of the region are lifted.

For this analysis, it is assumed that quarantine and mobility restriction measures will be extended for three months.

In the case of dinner sales, it is estimated that demand in the Honduran market could be reduced by 12%. In the case of breakfasts, these could drop by about 9%.

Compared to sales levels prior to the Covid-19 crisis, sales of between-meals or snacks could drop by 2% and demand for other types of meals outside the home would also fall by about 1%.

The "Market and Economic Situation Monitoring System in Central American Countries" is helping our clients to understand the new commercial reality of the demand for goods and services from companies in all sectors, with details such as the financial strength of the clients and suppliers of each economic activity, which makes it possible to forecast which of them could face more difficulties in the coming months.

Click here to request access to this report.



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