Processed snacks inflation in Portugal stood at -8.020% 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 90 processed snacks SKUs from companies such as Continente, Pringles and Old El Paso 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 processed snacks 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 83 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 processed snacks in Portugal in Q4 2024.
Analysis of the quarterly price data showed that no discounts were offered for processed snacks category by the retailers tracked by GlobalData. Among variants, the tracker revealed straw fries and original as the most popular (by number of SKUs) processed snacks variants. These were priced 22.83% higher than the average price of a processed snacks 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, Auchan Portugal 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 processed snacks 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 processed snacks SKUs. However, to comprehensively grasp processed snacks market in Portugal, continuous tracking of SKU pricing over time is necessary.
For a more detailed analysis of pricing trends in the Portugal processed snacks market, buy the report here.
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