Chutneys & relishes inflation in Brazil stood at -28.210% 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 94 chutneys & relishes SKUs from companies such as Vale Fertil, Hemmer and DON PEPE 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 Angeloni offered lowest prices of the total SKUs within the chutneys & relishes category from October through December 2023, followed by Supermercado Pereira and Shoppe. According to the analysis, the price range of $5 and below was the most competitive, with 74 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, Angeloni had greatest share of lowest prices for individual SKUs in chutneys & relishes in Brazil in Q4 2023.
Analysis of the quarterly price data showed that no discounts were offered for chutneys & relishes category by the retailers tracked by GlobalData. Among variants, the tracker revealed green olive and cucumber as the most popular (by number of SKUs) chutneys & relishes variants. These were priced 13.76% lower than the average price of a chutneys & relishes SKU.
Among the e-retailers tracked by GlobalData, the leading ones, based on the number of SKUs, were Angeloni, Supermercado Pereira, Muffato, Shoppe and . According to the analysis, Supermercado Pereira had the lowest average unit price, while the retailer with the widest product assortment was Angeloni.
The report brings attention to the intricate pricing dynamics within the chutneys & relishes market, examining both the SKU and retailer levels, and offering invaluable insights for stakeholders. Notably, Angeloni, Supermercado Pereira and Shoppe stood out as prominent e-retailers, providing competitive pricing for a substantial number of chutneys & relishes SKUs. However, to comprehensively grasp chutneys & relishes market in Brazil, continuous tracking of SKU pricing over time is necessary.
For a more detailed analysis of pricing trends in the Brazil chutneys & relishes market, buy the report here.