Chutneys & relishes inflation in France stood at 26.420% 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 68 chutneys & relishes SKUs from companies such as Priya, Ashoka and Patak’s 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 Annachi offered lowest prices of the total SKUs within the chutneys & relishes category from October through December 2023, followed by Greenwiz and la Belle Vie. According to the analysis, the price range of $5 and below was the most competitive, with 55 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, Annachi had greatest share of lowest prices for individual SKUs in chutneys & relishes in France 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 mango thokku; pickle and cut mango; pickle as the most popular (by number of SKUs) chutneys & relishes variants. These were priced 46.15% 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 Annachi, Greenwiz, la Belle Vie, and . According to the analysis, Annachi had the lowest average unit price, while the retailer with the widest product assortment was Annachi.
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, Annachi, Greenwiz and la Belle Vie 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 France, continuous tracking of SKU pricing over time is necessary.
For a more detailed analysis of pricing trends in the France chutneys & relishes market, buy the report here.
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