Chutneys & relishes inflation in Italy stood at 5.060% in April 2023, according to GlobalData’s report on the prices of stock keeping units (SKUs) supplied through online retailers. In Q4 2023, GlobalData monitored the pricing of 42 chutneys & relishes SKUs from companies such as Sanniti, Ponti and Valesco that were sold by e-retailers. Buy the report here.
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Pricing is crucial, especially in a challenging economic climate, as competitive pricing and price leadership impact consumers’ choices. GlobalData’s pricing analysis reveals that Supermarket Italy offered lowest prices of the total SKUs within the chutneys & relishes category from October through December 2023, followed by Etailian Food and Carrefour Italia. According to the analysis, the price range of $5 and $10 was the most competitive, with 26 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, Supermarket Italy had greatest share of lowest prices for individual SKUs in chutneys & relishes in Italy in Q4 2023.
Analysis of the quarterly price data showed that Supermarket Italy offered the highest number of SKUs on discount among the listed SKUs for each retailer. Among variants, the tracker revealed capers and hot & sweet; piquante pepper; whole as the most popular (by number of SKUs) chutneys & relishes variants. These were priced 27.26% 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 Supermarket Italy, Etailian Food, Carrefour Italia, and . According to the analysis, Carrefour Italia had the lowest average unit price, while the retailer with the widest product assortment was Supermarket Italy.
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, Supermarket Italy, Etailian Food and Carrefour Italia 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 Italy, continuous tracking of SKU pricing over time is necessary.
For a more detailed analysis of pricing trends in the Italy chutneys & relishes market, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s online price intelligence platform helps users analyze price leadership and price gaps, as well as visualize product variants at the SKU level, across multiple geographies, retailers, and categories. The platform, a product of Consumer Intelligence Center provides price insights from more than 370 online retailers across 44 countries.
