Uruguay

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 ...

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 ...

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 ...

While frozen processed vegetables registered good retail volume and retail value growth over the review period, frozen fruit was unsuccessful in the country and the category remained negligible in 2019. Products are available only through some ...

Consumption of rice continued to record strong growth in 2019, despite its status as the most consumed product in rice, pasta and noodles, while pasta, the second most popular in the category, also recorded retail volume growth, albeit slower than in...

Shelf stable seafood, frozen processed poultry and frozen processed red meat remain popular products in processed meat and seafood, consumed by people of all social classes. All three products have a long tradition in the country and are consumed by ...

Consumption of breakfast cereals recorded weaker growth in 2019 than the average of the review period as the hangover from the economic downfall in 2018 continued and Uruguayans remained careful with their spending. Retail value growth, however, ...

Soy oil and sunflower oil continued to lead retail volume sales in the country in 2019, with soy oil surpassing sunflower oil. This can mainly be attributed to the difference in unit prices, with products in the two areas being considered similar, ...

Ready meals had been recording good retail volume growth, albeit from its small base, up until 2018, when the country experienced an economic downturn. Consumers immediately lowered their consumption of ready meals in 2018 due to their high prices, ...

Uruguayan consumers are highly traditional when it comes to consumption of sauces, dressings and condiments, typically preferring mayonnaise and ketchup as table sauces. Although there is a strong trend towards new sauces, especially those that are ...

Retail volume sales of soup declined steeply for the third consecutive year in 2019. The weak economic situation in the country led many to suffer lower disposable incomes, turning them away from packaged varieties of soup. The largest category of ...

The slowdown in the economy led to declines in consumption of all types of sweet spreads in 2018 and 2019. Jams and preserves are the most popular products among sweet spreads and are commonly consumed by most families, typically for breakfast or ...

Insight into income, wealth and expenditure of consumers and households is vital in helping businesses make strategic decisions with regards to which country (or even which region within a country) to enter, which consumer segment or household type ...

Population growth in Uruguay up to 2030 will be driven solely by positive, yet declining, natural change. As older groups swell and the under 30 groups decline, ageing will be a key demographic trend, compounded by increasingly high life expectancy ...

Ibuprofen has gained ground against aspirin and acetaminophen, commonly known as paracetamol, for more than 12 years, and today its per capita consumption in value terms is very high compared to that of the other two categories as its unit price is ...