In 2024 retail volume sales of staple foods increased after a challenging 2023. Since the second half of 2023, the prices of staple foods decelerated compared to the earlier years of the review period, boosting consumption.
Since the second half of 2023, the unit prices of staple foods have shown a decelerating trend compared to the earlier years of the review period. This had a positive impact on consumer purchasing power, favouring the recovery of staple foods sales in general.
Consumers in Paraguay typically ear four meals per day: breakfast, lunch (which is considered the most important meal), merienda (consumed at teatime and usually consisting of a hot drink and a baked snack) and dinner. Nevertheless, mealtimes vary according to region and family.
Around 57% of the population of Paraguay is economically active, with the middle class representing around 26% of all households in 2024. Nevertheless, poverty and income inequality remain a major challenge, with Paraguay being one of the poorest nations in the region.
The condition of the roads in Paraguay varies depending on the region, with the most developed highways connecting Asuncion, Encarnacion and Ciudad del Este in the southern half of the country. Much of the country’s infrastructure requires improvement given that there are still thousands of miles of rural, unpaved roads, which are impassable during the rainy season.
Sales of staple foods are set to increase over the forecast period reversing the poor performance seen during the review period. The recovery of purchasing power and the availability of a broader range of more affordable options, primarily in frozen processed products, will play a key role in the recovery of sales.
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Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
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Staple Foods
NOTE: Couscous, polenta and quinoa are excluded from staple foods.
See all of our definitionsThis report originates from Passport, our Staple Foods research and analysis database.
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