Uzbekistan Reports Highest Beef Prices in CIS as Global Prices Surge
Uzbekistan ranks as the most expensive country for beef in the CIS, with a global price ranking of 91st. The cost of beef in Uzbekistan is $8.1 per kilogram, whereas neighboring countries have slightly lower prices. Global meat prices have surged, particularly for beef, as demand remains high, with Uzbekistan also experiencing notable inflation in food prices.
As of March 7, 2025, Uzbekistan has emerged as the most expensive country in the Commonwealth of Independent States (CIS) for beef, ranking 91st out of 127 countries globally in beef prices, according to Ranking.kz, which references the international service Numbeo. The cost of a kilogram of beef tenderloin in Uzbekistan is reported to be $8.1.
In contrast, neighboring nations such as Kazakhstan, Russia, Kyrgyzstan, and Tajikistan have marginally lower beef prices, averaging slightly above $7 per kilogram. Switzerland holds the record for the highest beef prices worldwide, with costs reaching $44.3 per kilogram, followed closely by Iceland at $38.7.
The Food and Agriculture Organization of the United Nations (FAO) has reported an 18% increase in global meat prices in February 2025 compared to the previous year, primarily driven by sustained high demand for beef. Additionally, Uzbekistan has experienced a 14.4% price surge for meat products over the past year.
Specifically, the price of beef on the bone in Uzbekistan rose by 18.5%, while lamb prices saw an increase of 19.4%. Conversely, poultry meat has become 0.8% cheaper. The consumer price index (CPI) in Uzbekistan rose by 0.54% in February 2025, reflecting the highest monthly inflation rate since 2023.
Food prices increased by 0.6% in February and by 1.4% since the start of the year. Annual food inflation is reported at 2.9%, the lowest figure in five years, while meat prices have risen by 2.1%.
In summary, Uzbekistan leads the CIS in beef prices, ranking 91st globally, with significant price increases for beef and lamb. The surge in meat prices is part of a broader trend influenced by high global demand, as reflected by the FAO’s report. Meanwhile, the overall inflation for food remains comparatively low, marking the lowest annual food inflation in five years. This economic context emphasizes the ongoing challenges facing consumer markets in Uzbekistan.
Original Source: daryo.uz
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