Analysis of Elevated Meat Prices in Uzbekistan Compared to CIS Countries

This article discusses the high meat prices in Uzbekistan, currently at 8.1 US dollars per kg, which exceed those in several CIS countries. Various aspects, including global price trends and local economic factors, are explored. Key reasons for the elevated prices include supply chain issues, increased feed costs, and high demand. Solutions for stabilizing prices and ensuring food security are also suggested.

Meat prices in Uzbekistan are currently higher than those in other Commonwealth of Independent States (CIS) countries. According to data from the international service Numbeo, the price of 1 kg of beef in Uzbekistan is 8.1 US dollars, surpassing prices in Kazakhstan, Russia, Kyrgyzstan, and Tajikistan. This trend may be attributed to price fluctuations in the food market and various economic factors affecting the nation.

Globally, meat prices vary significantly; Switzerland holds the record for the most expensive beef, priced at 44.3 US dollars per kg. High prices are also noted in Iceland and South Korea, at 38.7 and 28 US dollars, respectively. Conversely, the lowest meat prices are found in Pakistan ($4.04), Nigeria ($4.50), and Ghana ($4.78). Among the CIS nations, Kazakhstan offers beef at approximately $6-7 per kg, while in Russia, it hovers around $7. These disparities can be explained by market competition and the dynamics of import and domestic agricultural production processes.

Several factors contribute to the elevated meat prices in Uzbekistan: 1) Supply chain issues, where transportation costs significantly affect market access; 2) Elevated feed prices, which increase expenses for livestock farmers; 3) High slaughter and production costs, encompassing labor expenses on livestock farms; and 4) Import restrictions coupled with high domestic demand, which exerts upward pressure on prices.

Notably, global meat prices have risen by 18% over the past year, while Uzbekistan has seen a 14.4% increase. Specifically, bone-in beef prices increased by 18.5%, and mutton by 19.4%, although poultry meat has seen a marginal decrease in price. Furthermore, escalating meat prices adversely affect consumer purchasing power, prompting many individuals to turn to more affordable alternatives, such as poultry or other substitute products.

In summary, the high meat prices in Uzbekistan stem from a combination of supply chain challenges and economic dynamics within the country. To enhance food security, it is imperative for Uzbekistan to consider strategic measures, including developing the livestock sector, addressing feed shortages, and refining import processes, which would contribute positively to stabilizing meat prices.

In conclusion, the current elevated meat prices in Uzbekistan, relative to other CIS countries, are influenced by factors such as supply chain inefficiencies, increased production costs, and high domestic demand. The global context further complicates the situation, as rising prices affect consumers’ purchasing power. Thus, targeted measures are essential to address these challenges and ensure food security in Uzbekistan.

Original Source: zamin.uz