Latin America

Companies face numerous challenges in 2023 after recent record-breaking sales. They include weakened demand, high interest rates on debts, and tighter consumer credit conditions. Elevated inventory levels are also of concern.

Mexico's consumer appliances sector has encountered significant challenges in 2023, though has managed to register positive growth overall in terms of volume sales. Yoelle Rojas, director of the Nuevo León Electrical Appliances Cluster (Clelac),…

Consumer appliances in Colombia encountered moderate growth in 2023, marking the lowest volume growth in the past six years. Major appliances suffered a decline in volume sales, impacted by multiple factors, including reduced purchasing power among…

Consumer appliances in Chile is witnessing a normalisation of demand in 2023 following several years of fluctuating growth rates. The first two years of the pandemic resulted in a surge in sales for many categories due to prolonged home seclusion.…

Consumer appliances in Brazil reflect macroeconomic effects observed since 2022, especially in the beginning of the year. Since 2022, increased consumer indebtedness has led to growing price-sensitivity and budget constraints, especially towards…

Argentina grappled with an economic downturn in 2023, largely triggered by the worst harvest in over a decade due to a historic drought spanning 2022-2023. The agricultural sector, a linchpin of the local economy and accounting for over half of…

Latin American economies were hard hit by COVID-19, with a sharp decline in construction activities in 2020. While public infrastructure investment is set to facilitate the industry’s recovery over the medium term, prevailing uncertainties, soaring…

Sugar confectionery packaging, which recorded a decline in its unit volumes when the pandemic hit Mexico in 2020, recorded increasing sales for a third year since then in 2023, continuing its strong post-pandemic recovery. Sugar confectionery in…

Flexible plastic is widely utilised as the primary packaging material in confectionery packaging in Colombia due to its versatility, which allows for various shapes and sizes, accommodating a diverse range of confectionery products. Flexible plastic…

Chocolate confectionery packaging continued to record strong growth in Brazil, helped by a surge in both consumption of and demand for chocolate products, particularly premium and high-quality options. Brand owners have been investing in attractive…

Flexible plastic continued to lead sugar confectionery packaging in Argentina in 2023, thanks to providing advantages such as excellent barrier properties, which protect sugar confectionery from external factors such as light, air, and moisture,…

Concentrates displayed a modest resurgence in off-trade volume sales following a decline in 2022, primarily propelled by decreased demand for powder concentrates. The tap water crisis, attributed to poor water quality due to high sodium content in…

In 2023, concentrates experienced significant growth due to a notable rise in the country's average temperatures driven by El Niño at the year's onset and later in the year. This heightened heat sensation prompted increased hydration needs and thirst…

After returning to pre-pandemic lifestyles, consumption occasions have witnessed certain changes in Mexico. With increasing numbers of consumers venturing out of their homes, the convenience provided by RTD concentrates has become increasingly…

Powder concentrates witnessed a slowdown in the years prior to the COVID-19 pandemic. The product was becoming obsolete, with younger generations of consumers put off by the lack of convenience as it needs to be prepared before consumption. In…

Powder concentrates saw a very interesting trend emerge in 2023 as a discernible dichotomy developed as the demand bifurcated into two significant product segments: fruit-based concentrates that are tailored to the needs of those who are using the…

Concentrates has continued to grow in retail volume and value terms in 2023, with both liquid and powder concentrates seeing healthy gains. Growth has been much stronger in current value terms, however, which is largely due to an inflation-driven…

Persistent inflationary pressures in the country have affected the concentrates category, especially powder concentrates that also saw an increase in the cost of raw materials over the review period. Players largely absorbed these higher production…

Powder concentrates continue to experience a decline in volume as consumers' increased mobility away from home has reduced at-home consumption occasions. The growing demand for fresh fruit for natural juices is supported by data from the National…

As Chilean families see an increase in their incomes and new products emerge in competing categories, concentrates, often regarded as a budget-friendly option, are generally losing popularity. Powder concentrates, the primary format in the category,…

Concentrates is a category that was historically able to leverage and increase sales during times of crisis, as a cheap substitute for juice. Therefore, the scenario of high inflation Brazilians have faced in 2023 seemed to be an indicator of strong…

In 2023, volumes sales are expected to register further volume decline. Consumers prefer the convenience of RTD options and also perceive concentrates as being a staid, old fashioned product area, with little innovation. As such, concentrates are…

Trading down has become more common in concentrates during the review period, with a consumer switch to carbonates prompted by the "Precios Cuidados" government price control programme, which saw several leading brands sold at a discounted price.…

Retail volume sales of computers and peripherals are projected to continue to decrease over 2023, after the spike recorded in the wake of the outbreak of the Coronavirus (COVID-19) pandemic in 2020, when consumers were forced to fall back on the home…

Although the contraction seen in desktops and peripherals is modest in 2023, the factors that led to the decline in 2022 are still present. These are the devaluation of the Colombian peso against the dollar, spiralling inflation and the loss of…

After seeing exceptional growth during the pandemic, when consumers had to adapt to life indoors and needed to have the proper IT set-up both for their home office and studying from home, computers and peripherals saw a significant decline in the…

Although the initial forecast for 2022 was for slow growth in volume sales, the reality of that year was more complex and challenging than previously expected. 2020 showed a huge increase in sales of computers and peripherals, and growth continued in…

Computers registered further double-digit volume sales declines in 2023 after very strong performances in the category during 2020 and 2021, followed by falling demand in 2022. The three constituent categories of computers – desktops, laptops and…

The report observes the changing dynamics of loyalty in mobility, focusing specifically on the automotive, shared mobility and car rental industries. It identifies and examines the key themes shaping modern loyalty and how brands should adjust their…

The report examines key factors in supply chain risks in metals, energy and agricultural commodities. Production, market supply concentration and political risks analysis can help to better identify potential risks and prepare for potential…

The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in Uruguay covers production and consumption trends in agricultural commodities, energy…

The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in Australia covers production and consumption trends in agricultural commodities, energy…

The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in Australia covers production and consumption trends in agricultural commodities, energy…

The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in Australia covers production and consumption trends in agricultural commodities, energy…

The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in Mexico covers production and consumption trends in agricultural commodities, energy…

The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in Ecuador covers production and consumption trends in agricultural commodities, energy…

The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in Dominican Republic covers production and consumption trends in agricultural commodities,…

The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in Cuba covers production and consumption trends in agricultural commodities, energy…

The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in Costa Rica covers production and consumption trends in agricultural commodities, energy…

The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in Colombia covers production and consumption trends in agricultural commodities, energy…

The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in Chile covers production and consumption trends in agricultural commodities, energy…

The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in Cambodia covers production and consumption trends in agricultural commodities, energy…

The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in Argentina covers production and consumption trends in agricultural commodities, energy…

Euromonitor International’s Commerce 2040 series outlines a vision for how consumers might shop in two decades. This report focuses on how the competing forces that are reshaping retail will impact the future of the store. In particular, the shift…