Uruguay

Pressure on households budgets is driving many Uruguayans to cross the border into Argentina and buy edible oils, alongside other grocery items, at a cheaper price. According to industry sources, edible oil retail prices are up to 70% cheaper in…

Dry soup remains the largest category in sauces, dips and condiments, in current value terms. The reduction of imports, largely from Argentina, is hindering retail volume sales in 2023. Category leader Unilever del Uruguay SA leads sales of dry soup…

Sauces, dips and condiments registered a low increase in retail volume terms in 2023, with supply levels normalising after the fluctuations seen in 2021 and 2022. The rising cost of raw materials has been an issue for manufacturers, as well as custom…

Jams and preserves remains the largest category in sweet spreads, registering a slight contraction in retail volume terms in 2023. The decline can be explained by a rise in the number of Uruguayans crossing the border into Argentina in order to buy…

Stability and less corruption than peers are cornerstones of Uruguay’s political environment, whilst economic freedom is one of the best regionally. Drought will weigh on short-term economic development, owing to high dependence on agriculture, but…

Packaged leavened bread registered a further contraction in retail volume sales in 2023, as strong price increases were brought about by rising costs. Demand has also been curbed by the many Uruguayans crossing the border into Argentina in order to…

In 2023, sales of breakfast cereals declined in retail volume and current value terms. The increase in prices, as well as the required health labels, warning about excess levels of sugar, has reduced demand for breakfast cereals. Children´s breakfast…

In 2023, the drought and scarcity of safe water sources in Uruguay has compelled locals to make changes to their dietary choices, replacing fresh vegetables and fruit with frozen and shelf stable options. With the ongoing challenges of washing fresh…

In 2023, many Uruguayans are travelling across the border into Argentina to purchase more affordable shelf-stable meat and seafood, as well as cheaper chilled processed red meat. This trend has had a negative impact on local sales in Uruguay, as…

In 2023, rice and pasta registered a decline in retail volume sales, as consumers were deterred by higher retail prices. Rising international cost have plagued dried and fresh pasta in particular, forcing manufacturers to raise prices. Another…