The Aragonese Horeca sector increases its prices by 12.27%

Barcelona, March 21, 2022 – The widespread high inflation has been reflected in the Horeca sector through the increase in the average price of gastronomic offerings, which has risen by 12.27% over the past two years in Aragón, comparing January 2022 with January 2020, just before the pandemic. This is the main conclusion of the report prepared by Delectatech, a Big Data company specialized in the restaurant sector, which analyzed data from more than 200 establishments in Aragón.

The national figure is lower than that of Aragón, with Spanish gastronomic offerings seeing their prices rise by 8.43% over the last two years.

The largest year-on-year increase (comparing the entire year 2021 with 2020) was in sandwiches (8.55%), sweets and desserts (5.27%), starters (3.37%), and fish (2.08%) across the country.

If we compare January 2022 with January 2020 for products derived from certain raw materials such as wheat or dairy, the increase has reached up to 10% for most products on Spanish restaurant menus. In this way, eating a pizza or bread in a restaurant can cost up to 10% more than two years ago.

Vegetable oils, used for frying, have increased in price by 71% as a raw material, according to the FAO Food Price Index, and by 31.7% in Mass Consumption. In the Horeca sector, the impact has translated into a 4.95% increase.

In the case of cereals, Delectatech analyzed both durum and soft wheat. While the raw material has increased by 39.6%, the shopping basket has risen by 13.1% for durum wheat (pasta) and 4.5% for soft wheat (cookies, pastries). In the Horeca sector, the impact on prices has been 1.92% for durum wheat and 10.07% for soft wheat.

In the dairy category, while raw materials recorded an increase of 27.18% and in Mass Consumption (milk and desserts) 6.65%, the increase in the Horeca sector has reached 7.71%.

For other high-margin products such as coffee, the sector is absorbing the increase, although a steady rise is expected in the coming months.

“The rise in raw materials and energy costs has harmed the Horeca sector, slowing its recovery. After the hard months of the pandemic, there was a clear intention to consume among the public, but this has been curbed by the increase in gasoline, electricity, and other products in the shopping basket. Diners now have less purchasing power to go out for dinner.”

“The war in Ukraine worsens the problem of rising raw material and energy costs that we already had, but we will have to wait to see its impact on Horeca,”

said Xavier Mallol, CEO and founder of Delectatech.