What will happen to meat prices in Ukraine: the expert gave a forecast until the end of autumn

Published 2024년 11월 12일

Tridge summary

Ukraine has experienced a significant increase in food prices, with meat prices rising on average by 10%. Beef goulash has seen the highest price increase of 20.9%. The price fluctuations vary among different types of meat. The decrease in cattle numbers has contributed to the rise in beef and veal prices, while an increase in pork production has led to a decrease in its retail prices. Additionally, the price of meat is also affected by high costs of fodder, fuel, and energy resources, with expectations of further increases in the price of beef, pork, and chicken by 5% by the end of autumn. While meat and food prices are on the rise, some vegetables and fruits remain slightly cheaper.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Food prices in Ukraine increased almost all the time during the year, and meat is no exception. It added an average of 10% in price. The Institute of Agrarian Economics informed Channel 24 that since the beginning of the current year, the price of beef goulash has increased the most - by 20.9% to 301.32 hryvnias per kilogram. How prices for other types of meat have changed: At the same time, prices for other types of meat fell by 1.1 - 9.7%. Thus, pork breast became cheaper by 1.1% - to UAH 179.29/kg, and lard prices fell by 9.7% - to UAH 234/kg. Natalya Kopitets, a leading researcher at the Department of Agrarian Market and International Integration of the Institute of Agrarian Economics, noted that the reduction in the number of cattle and, as a result, the supply of beef and veal lead to an increase in prices for it. "The situation with pork is much better. The industrial production of pork increased in 2024, and therefore the offer of this type of meat in the retail trade also ...

Source: Unian