This year, the sweet tradition of Kings Daythe bagel, will be a little more expensive compared to previous years.
Given the increase in the prices of flour, oil, butter, eggs, among other supplies of the baking industry, the prices of Roscas de Reyes increased in 2023despite which organized trade expects to sell 4 million pieces.
The National Chamber of the Baking and Similar Industry of Mexico (Canainpa) said that in 2023 “He does not estimate an increase (in sales) compared to the previous year, but he does estimate that this year at least we return to the volume prior to the pandemic, because the date falls on a weekend and people already gather more”.
He affirmed that there is an impact on the manufacture of bread and Rosca de Reyes because there are significant increases in inputs such as gas, electricity, as well as oil, sugar, chocolate, flour, eggs, butter and margarine.
According to the National Alliance of Small Merchants (Anpec), threads register price increases of 33% on averageAlthough it depends on the size and the bakery that makes it.
“There have been significant price increases compared to 2022, making them more expensive by up to 33% on average,” he said in a statement.
As an example, a small bagel cost 120 pesos in 2022, and for this year the price rose to 184 pesos, that is, almost 54% more.
Despite the rise in prices, the Confederation of National Chambers of Commerce, Services and Tourism (Concanaco) “It is estimated that, on average, 4 million Roscas de Reyes are sold in Mexico each year, benefiting more than 7,500 national bakeries and pastry shops”.
In a tour carried out by El Universal, it was found thatn La Esperanza the increase is between 12% and 18%since the small bagel rose from 135 to 160 pesos between 2022 and 2023, while the median increased from 245 to 280 pesos, and the large one went from 410 to 460 pesos.
In the case of Walmart, the increase is between 17% and 19%Well, from last year to the current one, the price of a medium bagel rose from 209 to 249 pesos, while the large one went from 339 to 379 pesos.
At El Globo pastry shopa medium-sized thread rose from 378 to 428 pesos, which is equivalent to an increase of 13 percent.
The prices of the medium traditional bagel in Soriana were 218 pesos in 2022 and are currently at 229 pesos, while the large one went from 320 to 329 pesos.
The celebration of Three Kings Day in 2023 will bring improvements in sales of toys and Roscas de Reyes than a year agoas they are expected to reach 20 billion pesos, that is, 3 billion more, reported Concanaco.
In January of last year, sales in this same celebration amounted to 17 billion pesos, data that contrasted with the 8.7 billion pesos obtained in 2021, he explained.
The president of Concanaco, Héctor Tejada Shaar, said that toys will be the goods with the highest demand and, secondly, electronic items, such as video games, tablets, cell phones, consoles, and computers. Other prominent categories are perfumes, clothing and footwear, he explained.
In addition, he asked the Three Wise Men to purchase toys in formal commerce, since there one has the security of acquiring quality products or services.
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