Chutneys & relishes inflation in Qatar stood at -10.530% in April 2023, according to GlobalData’s report on the prices of stock keeping units (SKUs) supplied through online retailers. In Q2 2024, GlobalData monitored the pricing of 284 chutneys & relishes SKUs from companies such as Priya, Figaro and Hutesa 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 Family offered lowest prices of the total SKUs within the chutneys & relishes category from April through June 2024, followed by Lulu-Qatar and Carrefour Qatar. According to the analysis, the price range of $5 and below was the most competitive, with 264 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, Family had greatest share of lowest prices for individual SKUs in chutneys & relishes in Qatar in Q2 2024.
Analysis of the quarterly price data showed that NULL offered the highest number of SKUs on discount among the listed SKUs for each retailer. Among variants, the tracker revealed garlic; pickle and mango; pickle as the most popular (by number of SKUs) chutneys & relishes variants. These were priced 26.05% 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 Family, Lulu-Qatar, PANDA QATAR, Carrefour Qatar and Getit. According to the analysis, Getit had the lowest average unit price, while the retailer with the widest product assortment was Family.
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, Family, Lulu-Qatar and Carrefour Qatar 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 Qatar, continuous tracking of SKU pricing over time is necessary.
For a more detailed analysis of pricing trends in the Qatar chutneys & relishes market, buy the report here.
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