Chutneys & relishes inflation in Brazil stood at 24.540% 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 54 chutneys & relishes SKUs from companies such as Vale Fertil, DON PEPE and Dona Helena 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 Angeloni offered lowest prices of the total SKUs within the chutneys & relishes category from April through June 2024, followed by Supermercado Pereira and Muffato. According to the analysis, the price range of $5 and below was the most competitive, with 45 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, Angeloni had greatest share of lowest prices for individual SKUs in chutneys & relishes in Brazil 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 green olive and cucumber as the most popular (by number of SKUs) chutneys & relishes variants. These were priced 4.92% higher 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 Angeloni, Supermercado Pereira, Muffato, Delivery Extra and NULL. According to the analysis, Supermercado Pereira had the lowest average unit price, while the retailer with the widest product assortment was Angeloni.
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, Angeloni, Supermercado Pereira and Muffato 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 Brazil, continuous tracking of SKU pricing over time is necessary.
For a more detailed analysis of pricing trends in the Brazil chutneys & relishes market, buy the report here.
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