Uzbekistan ranks as the most expensive nation for beef in the CIS as of March 2025, pricing beef tenderloin at $8.1 per kilogram. Neighboring countries have lower prices, highlighting the rising trends in meat costs and inflation rates within Uzbekistan. Global meat prices have increased significantly due to high demand, impacting local markets.
Uzbekistan has emerged as the country with the highest beef prices among post-Soviet nations, as reported by Ranking.kz and the international service Numbeo. As of March 7, 2025, Uzbekistan ranks 91st globally out of 127 countries for beef prices, with $8.1 per kilogram for beef tenderloin. In contrast, neighboring nations such as Kazakhstan, Russia, Kyrgyzstan, and Tajikistan have lower beef prices, exceeding just $7 per kilogram.
Globally, the most expensive beef is found in Switzerland, with prices reaching $44.3 per kilogram, followed closely by Iceland at $38.7. The Food and Agriculture Organization of the United Nations (FAO) reported an 18% increase in global meat prices in February 2025 compared to the previous year, primarily driven by heightened demand for beef.
In Uzbekistan, meat product prices surged by an average of 14.4% over the past year. Specifically, the price of beef on the bone rose by 18.5%, while lamb saw a 19.4% increase. Conversely, poultry meat prices experienced a minor reduction of 0.8%.
The consumer price index (CPI) in Uzbekistan increased by 0.54% in February 2025, marking the highest monthly inflation rate since 2023. Food prices rose by 0.6% in February and 1.4% year-to-date, resulting in an annual food inflation rate of 2.9%, the lowest in five years, while meat prices increased by 2.1%.
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In summary, Uzbekistan has established itself as the costliest country for beef within the CIS, with significant price increases over the past year. As global meat prices rise, driven by strong demand, Uzbekistan’s inflation rates have reflected these trends. The country’s consumer price index and food prices indicate ongoing economic challenges, particularly within the meat sector.
Original Source: daryo.uz