Uzbekistan’s beef prices exceed CIS countries at 8.1 US dollars/kg. Factors influencing costs include supply chain issues, high feed prices, and strong demand. Global meat prices rose 18%, with local rises at 14.4%. The purchasing power of consumers is affected, leading many to seek cheaper alternatives.
In Uzbekistan, the price of beef stands at 8.1 US dollars per kilogram, exceeding prices in neighboring CIS countries like Kazakhstan, Russia, Kyrgyzstan, and Tajikistan. This disparity in pricing may stem from fluctuations in the food market and ongoing economic conditions within the country.
Globally, Switzerland holds the highest prices for beef, reaching 44.3 US dollars per kilogram, followed by Iceland (38.7 US dollars) and South Korea (28 dollars). Conversely, the lowest beef prices are found in Pakistan (4.04 US dollars), Nigeria (4.50 US dollars), and Ghana (4.78 US dollars). Within the CIS, Uzbekistan’s meat prices, starting at around 6-7 dollars in Kazakhstan and approximately 7 dollars in Russia, highlight the competitive food market dynamics affecting Uzbekistan.
Several factors contribute to the elevated meat prices in Uzbekistan:
1. Supply Chain Problems: Transportation costs significantly impact market availability of meat products.
2. Increased Feed Prices: Rising costs of feed for animal farming impose additional expenses on farmers.
3. Slaughter and Production Costs: High labor and production costs at livestock farms contribute to overall pricing.
4. Import Restrictions and High Demand: The strong demand for meat in Uzbekistan leads to increased market prices.
Globally, meat prices rose by 18% in the past year, while Uzbekistan’s increase was slightly lower at 14.4%. Specifically, bone-in beef prices surged by 18.5% and mutton by 19.4%, although poultry meat saw a modest decrease.
The rise in meat prices negatively affects consumer purchasing power, prompting many to opt for cheaper alternatives like poultry. This situation in Uzbekistan reflects broader economic trends and supply-demand imbalances. Ensuring food security will require concerted efforts to develop the livestock sector, address feed shortages, and streamline import processes.
The high cost of meat in Uzbekistan, currently at 8.1 US dollars per kilogram, surpasses prices in various CIS nations. Contributing factors include supply chain issues, escalating feed and production costs, high demand, and import restrictions. With prices also rising globally, the local market’s dynamics necessitate strategies to bolster food security, improve livestock production, and lessen dependency on imports.
Original Source: zamin.uz
