Uruguay

Understanding the structure, health and potential risks of an economy are important for decision-making within an existing operating environment as well as for expansion strategies. Real GDP growth, inflation and exchange rate fluctuations will ...

A stable and competitive business environment is vital to operate efficiently and attract inward investment. Businesses can assess these factors alongside challenges such as corruption, political instability and terrorism to understand the strengths ...

In 2019 concentrates demonstrated a weaker performance than in the previous year in volume terms, but a slightly improved performance in current value terms. The volume performance was in line with a general contraction of soft drinks consumption, as...

Juice consumption was adversely affected by economic instability, which encouraged consumers to shift to cheaper options such as powder concentrates and purified water. However, juice drinks demonstrated a positive performance in 2019 despite ...

The carbonates category saw an improved performance in 2019 compared with the previous year, with higher growth in current value terms and only a marginal decline in volume. The volume growth of carbonates has declined notably in recent years, with ...

While RTD tea saw continued growth in 2019, the category is not developed in the country, and thus performance was distorted by its negligible base. This category remains niche, as RTD tea, which extends hot tea flavours into an ice tea preparation, ...

Soft drinks consumption in Uruguay was hit by adverse economic conditions in the country, with an impact on discretionary consumer spending. This was evident in almost all soft drinks categories. The Uruguayan economy saw economic growth slow, with ...

The sports drinks category saw a continued weakening of its performance in 2019. This was underpinned by consumers’ reduced purchasing power, and the unemployment rate. With constrained discretionary income, consumers reduced spending on soft drinks ...

Energy drinks in Uruguay remains a niche category, and thus offers room to grow in coming years. Energy drinks currently see low per capita consumption, as the habit has not yet been developed, particularly outside nocturnal channels. The development...

There were no visible sales of RTD coffee in Uruguay at the end of the review period, with this situation not expected to change over the forecast period....

Bottled water growth in 2019 was slightly down on the previous year, although healthier consumption in the country is boosting demand, in contrast with the reduced demand evident for products in other categories. Consumers are increasingly aware of ...

Uruguay’s economy will slow in 2019. The downturn in Argentina will lead to a moderation in exports, whilst high unemployment, stagnant wages and a depreciating peso will hamper domestic demand. Investment is expected to strengthen, supported by the ...

Global shifts in gender, ageing, migration, housing and education are transforming the size, location and general make-up of households around the globe, with diverse implications for governments and companies. Households insights can help identify ...

Hot drinks in Uruguay is seeing retail volume growth in 2019, despite the economic downturn in the country. Tough economic conditions pressure employment rates and disposable incomes and hit the purchasing power of low- and middle-income households. ...

Overall, the decline in coffee consumption is aligned to lower spending on fmcg, triggered by economic downturn, which saw retail volume sales of fresh coffee and instant coffee contract in 2019. Meanwhile, the fast growth in retail current value ...

Hot tea consumption is well developed in the country, with a wide array of local players and strong activity in terms of imports. Retail volume and value sales continue to grow strongly in 2019. This performance is supported by the entry of Canarias ...

Retail volume sales of other plant-based hot drinks (yerba maté) continue to rebound in 2019, despite the category approaching maturity. Volume sales are supported by yerba maté’s low average unit price, compared with alternative hot drinks in ...

Latin America’s growht will slow considerably in 2019. The region’s consumer expenditure will also weaken slightly in 2019. Caribbean economies will lag behind other countries due to their excessive reliance on tourism and remittances. Latin America ...

Packaged food again recorded a marginal retail volume decline in 2019 given the aftermath of the economic crisis in 2018 as consumers cut back on consumption, with many suffering declining disposable incomes. Lower consumption was even evident in ...

Unpackaged leavened bread has a long history in Uruguay. The country has one of the highest per capita consumption levels of bread in the world, and the vast majority is unpackaged leavened bread. Bread is consumed with virtually every meal, with ...