Savory biscuits inflation in Portugal stood at -0.930% in Q4 2024, according to GlobalDatas report on the prices of stock keeping units (SKUs) supplied through online retailers. In Q4 2024, GlobalData monitored the pricing of 485 savory biscuits SKUs from companies such as Cem Porcento, Gullón and Bicentury 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. GlobalDatas pricing analysis reveals that Supermercado Elcorteingles offered lowest prices of the total SKUs within the savory biscuits category from October through December 2024, followed by Continente and Auchan Portugal. According to the analysis, the price range of $5 and below was the most competitive, with 465 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, Supermercado Elcorteingles had greatest share of lowest prices for individual SKUs in savory biscuits in Portugal in Q4 2024.
Analysis of the quarterly price data showed that Auchan Portugal offered the highest number of SKUs on discount among the listed SKUs for each retailer. Among variants, the tracker revealed unsalted; crackers and cream; cracker as the most popular (by number of SKUs) savory biscuits variants. These were priced 6.3% lower than the average price of a savory biscuits SKU.
Among the e-retailers tracked by GlobalData, the leading ones, based on the number of SKUs, were Supermercado Elcorteingles, Continente, Auchan Portugal, and . According to the analysis, Continente had the lowest average unit price, while the retailer with the widest product assortment was Supermercado Elcorteingles.
The report brings attention to the intricate pricing dynamics within the savory biscuits market, examining both the SKU and retailer levels, and offering invaluable insights for stakeholders. Notably, Supermercado Elcorteingles, Continente and Auchan Portugal stood out as prominent e-retailers, providing competitive pricing for a substantial number of savory biscuits SKUs. However, to comprehensively grasp savory biscuits market in Portugal, continuous tracking of SKU pricing over time is necessary.
For a more detailed analysis of pricing trends in the Portugal savory biscuits market, buy the report here.
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