Sparkling wine inflation in Brazil stood at -32.460% in April 2023, according to GlobalData’s report on the prices of stock keeping units (SKUs) supplied through online retailers. In Q1 2024, GlobalData monitored the pricing of 15 sparkling wine SKUs from companies such as Salton, Garibaldi and Grifone that were sold by e-retailers. Buy the report here.
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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 sparkling wine category from January through March 2024, followed by Muffato and Shoppe. According to the analysis, the price range of $10 and $15 was the most competitive, with 4 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 sparkling wine in Brazil in Q1 2024.
Analysis of the quarterly price data showed that no discounts were offered for sparkling wine category by the retailers tracked by GlobalData. Among variants, the tracker revealed 12% alcohol and 12% alcohol; brut as the most popular (by number of SKUs) sparkling wine variants. These were priced 52.57% higher than the average price of a sparkling wine SKU.
Among the e-retailers tracked by GlobalData, the leading ones, based on the number of SKUs, were Pao de Acucar, Muffato, Shoppe, 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 sparkling wine market, examining both the SKU and retailer levels, and offering invaluable insights for stakeholders. Notably, Pao de Acucar, Muffato and Shoppe stood out as prominent e-retailers, providing competitive pricing for a substantial number of sparkling wine SKUs. However, to comprehensively grasp sparkling wine market in Brazil, continuous tracking of SKU pricing over time is necessary.
For a more detailed analysis of pricing trends in the Brazil sparkling wine market, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s online price intelligence platform helps users analyze price leadership and price gaps, as well as visualize product variants at the SKU level, across multiple geographies, retailers, and categories. The platform, a product of Consumer Intelligence Center provides price insights from more than 370 online retailers across 44 countries.
