Panama’s sales of staple foods are buoyed by extensive urbanisation, the rise of modern grocery retailers and wider product selection. However, in the wake of the COVID-19 pandemic, the resumption of …
Challenges flooded staple foods in Costa Rica in 2022. Coronavirus (COVID-19) effects, such as supply problems, including high container costs, container delays, a shortage of raw materials, a devalue…
Staple foods saw modest volume growth in 2022, following a decline in the previous year. Sales were boosted by the relaxation of pandemic-related restrictions, which led to the normalisation of purcha…
The Dominican Republic fully reopened its economy during the second part of 2021, welcoming back tourists shortly after. As such, the tourism industry has seen a much faster recovery than initially ex…
The COVID-19 vaccination programme in Chile has been amongst the most successful in the world, reaching almost 93% of the total population vaccinated during 2022. For this reason, in September 2021 th…
In 2022, staple foods is expected to register a marginal decrease in retail volume terms with consumers reducing consumption in order to save money. Higher inflation has compromised disposable income …
The Peruvian government exempted from various products in the basic food basket from IGV (18% tax), including rice, pasta, and meat products, among others. While this exoneration was only initially pu…
Staples are expected to register an increase in current value in 2022, though retail volume growth is expected to be more muted. However, unlike many other countries, Bolivia is not experiencing soari…
Staples are expected to register an increase in current value in 2022, though retail volume growth is expected to be minimal. However, unlike many other countries, Ecuador is not experiencing soaring …
Staple foods as a whole is expected to see total volume sales fall slightly in 2022 driven by the complex economic context and a decline in consumer purchasing power. The challenging economic scenario…
Escalating prices across the market is the most relevant issue within staple foods in 2022, with this having a strong impact on consumers’ budgets. Within staple foods, almost all categories have suff…
Sales of staple foods have observed mixed results within the different categories in 2022, with some like baked goods and breakfast cereals seeing a small decline in retail volume terms while processe…
Volume sales of staple foods contracted in 2022. High inflation and rising unit prices saw consumers reduce the frequency of purchases or switch to lower priced alternatives. Commodities’ prices were …
While volume sales of staple foods grew in Honduras in 2022, value sales saw much higher growth. Supply interruptions of grain from Russia and Ukraine, as well as increases in the cost of raw material…
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