Sweet spreads inflation in Poland stood at 72.720% in Q3 2024, according to GlobalData’s report on the prices of stock keeping units (SKUs) supplied through online retailers. In Q3 2024, GlobalData monitored the pricing of 89 sweet spreads SKUs from companies such as Sadowski Family Apiaries, MIODY POLSKIE and Manuka Honey 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 Dr.Max offered lowest prices of the total SKUs within the sweet spreads category from July through September 2024, followed by Auchan Poland and Frisco. According to the analysis, the price range of $5 and $10 was the most competitive, with 33 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, Dr.Max had greatest share of lowest prices for individual SKUs in sweet spreads in Poland in Q3 2024.
Analysis of the quarterly price data showed that no discounts were offered for sweet spreads category by the retailers tracked by GlobalData. Among variants, the tracker revealed rapeseed; honey and buckwheat; honey as the most popular (by number of SKUs) sweet spreads variants. These were priced 51.54% lower than the average price of a sweet spreads SKU.
Among the e-retailers tracked by GlobalData, the leading ones, based on the number of SKUs, were Dr.Max, Auchan Poland, Frisco, and . According to the analysis, Frisco had the lowest average unit price, while the retailer with the widest product assortment was Dr.Max.
The report brings attention to the intricate pricing dynamics within the sweet spreads market, examining both the SKU and retailer levels, and offering invaluable insights for stakeholders. Notably, Dr.Max, Auchan Poland and Frisco stood out as prominent e-retailers, providing competitive pricing for a substantial number of sweet spreads SKUs. However, to comprehensively grasp sweet spreads market in Poland, continuous tracking of SKU pricing over time is necessary.
For a more detailed analysis of pricing trends in the Poland sweet spreads market, buy the report here.
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