Brandy inflation in Brazil stood at -7.320% in April 2023, according to GlobalData’s report on the prices of stock keeping units (SKUs) supplied through online retailers. In Q4 2023, GlobalData monitored the pricing of 9 brandy SKUs from companies such as Havana Club, Salinissima and Sao Joao Da Barra that were sold by e-retailers. Buy the report here.
Pricing is crucial, especially in a challenging economic climate, as competitive pricing and price leadership impact consumers’ choices. GlobalData’s pricing analysis reveals that Pao de Acucar offered lowest prices of the total SKUs within the brandy category from October through December 2023, followed by Pao de Acucar and Muffato. According to the analysis, the price range of $5 and $10 was the most competitive, with 3 SKUs.
The chart below illustrates price leadership among the covered retailers which offer the highest number of low-priced products in the category. Of all retailers, Pao de Acucar had greatest share of lowest prices for individual SKUs in brandy in Brazil in Q4 2023.
Analysis of the quarterly price data showed that no discounts were offered for brandy category by the retailers tracked by GlobalData. Among variants, the tracker revealed 42% alcohol and cuban as the most popular (by number of SKUs) brandy variants. These were priced 72.62% lower than the average price of a brandy SKU.
Among the e-retailers tracked by GlobalData, the leading ones, based on the number of SKUs, were Pao de Acucar, Delivery Extra, Muffato, and . According to the analysis, Muffato had the lowest average unit price, while the retailer with the widest product assortment was Pao de Acucar.
The report brings attention to the intricate pricing dynamics within the brandy market, examining both the SKU and retailer levels, and offering invaluable insights for stakeholders. Notably, Delivery Extra, Pao de Acucar and Muffato stood out as prominent e-retailers, providing competitive pricing for a substantial number of brandy SKUs. However, to comprehensively grasp brandy market in Brazil, continuous tracking of SKU pricing over time is necessary.
For a more detailed analysis of pricing trends in the Brazil brandy market, buy the report here.
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