Uzbekistan ranks first in beef prices among CIS countries, with beef tenderloin costing $8.1 per kilogram, placing it globally at 91st out of 127 nations. While regional competitors have lower prices, global trends indicate rising meat costs. Significant price increases have been observed in meat products, affecting Uzbekistan’s inflation rates.
As of March 7, 2025, Uzbekistan has been identified as the most expensive country for beef within the Commonwealth of Independent States (CIS), according to the international service, Numbeo, as reported by Ranking.kz. The price per kilogram of beef tenderloin in Uzbekistan is $8.1, positioning it 91st out of 127 countries globally.
In comparison, neighboring nations such as Kazakhstan, Russia, Kyrgyzstan, and Tajikistan have lower beef prices, each exceeding just $7 per kilogram. At the same time, Switzerland has the highest beef prices in the world, reaching $44.3 per kilogram, followed closely by Iceland at $38.7.
The Food and Agriculture Organization of the United Nations (FAO) reports that global meat prices surged by 18% in February 2025 compared to the last year, largely due to persistent demand for beef. In Uzbekistan, prices for meat products have escalated by 14.4% within the past year; notably, beef on the bone experienced an 18.5% increase, while lamb prices rose by 19.4%. Conversely, poultry prices decreased by 0.8%.
Uzbekistan’s consumer price index (CPI) saw a rise of 0.54% in February 2025, marking the highest monthly inflation rate since 2023. Furthermore, food prices increased by 0.6% in February and 1.4% since the beginning of the year. This brings annual food inflation to 2.9%, the lowest rate observed in five years, while meat prices alone experienced a rise of 2.1%.
In conclusion, Uzbekistan’s rise to the top of beef prices among CIS nations reflects substantial inflationary pressures and increased consumer demand. This trend underscores the growing economic challenges the region faces, particularly in food pricing. While neighboring countries maintain lower beef costs, the significant price hikes in Uzbekistan could have broader implications for consumer purchasing power and market stability. The overall increase in meat prices throughout the country further emphasizes the impact of global trends on local economies.
Original Source: daryo.uz
