The FAO Meat Price Index* started to increase in October of 2020. For the first few months of the pandemic, prices had declined. In 2021, prices further increased and the index reached an all time high of 125.4 index points in June of 2022, a few months after the start of the Russian invasion of Ukraine. Since then, the index has fluctuated and came to 117.7 in January 2025. For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated facts and figures page. For further information about the Russian invasion of Ukraine, please visit our dedicated page on the topic.
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Beef decreased 4.45 BRL/15Kg or 1.40% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Beef - values, historical data, forecasts and news - updated on March of 2025.
The price per pound of beef and pork are forecast to increase in the United States until about 2027 and then will decrease slightly. The price of beef is forecast to be 8.4 U.S. dollars per pound in 2028 and the price of pork is forecast to be over five U.S. dollars per pound that same year.
As of December 2023 in the UK, the average price for one kilogram of bacon had increased by 12 percent compared to the previous year. The average price for a whole rotisserie chicken decreased by five percent during this time period, however.
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In 2025, beef prices keep rising due to low cattle inventory and strong consumer demand, posing challenges for producers and consumers alike.
The retail price of 100% ground beef in the United States has risen significantly in the last two decades. In 2024, a pound of ground beef cost 5.61 U.S. dollars, up from 2.41 U.S. dollars in 2008. Cattle and beef production in the U.S. In 2022, there were almost 29 million beef cows in the United States. Compared to sheep, pigs, and chickens, cows are very expensive to raise and require much more water, feed, and land per calorie generated. Though beef production fluctuates from year to year, there has been a positive trend in beef production in the last several years in the United States. U.S. beef market In terms of retail sales, beef is the leading type of fresh meat in the United States. On average, beef generates about 19 thousand U.S. dollars in sales per store per week, compared to approximately 10 thousand dollars for chicken, and less than five thousand dollars for pork. As of 2021, per capita consumption of beef in the United States amounted to about 59 pounds per year.
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Since the start of 2021, prices in the global chicken meat market shot up as a result of high demand, rising costs for feed grain and food as well as a decreasing rate of chicken slaughter in the EU, South Korea and Japan. Heightened costs for shipping containers are additionally driving the growth in export prices. As of year-end 2021, worldwide production and exports of chicken meat are forecast to remain at the previous year’s level. Demand for chicken meat in China is dropping while the pig population in the country is recovering and hog prices are decreasing. Saudi Arabia’s ban on imports of chicken products from Brazil may lead to diminished exports from that country.
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The Comoros: Meat price index, world average = 100: The latest value from 2021 is 106.89 index points, an increase from 102.47 index points in 2017. In comparison, the world average is 96.25 index points, based on data from 165 countries. Historically, the average for the Comoros from 2017 to 2021 is 104.68 index points. The minimum value, 102.47 index points, was reached in 2017 while the maximum of 106.89 index points was recorded in 2021.
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The price of Chicken Meat remained stable at $3,893 per ton (CIF, United Kingdom) in May 2023 compared to the previous month.
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Peru Retail Price: Meat and Related Products: Beef: Liver data was reported at 13.300 PEN/kg in Oct 2018. This records an increase from the previous number of 13.260 PEN/kg for Sep 2018. Peru Retail Price: Meat and Related Products: Beef: Liver data is updated monthly, averaging 8.120 PEN/kg from Jan 1995 (Median) to Oct 2018, with 286 observations. The data reached an all-time high of 13.300 PEN/kg in Oct 2018 and a record low of 6.980 PEN/kg in Jan 1995. Peru Retail Price: Meat and Related Products: Beef: Liver data remains active status in CEIC and is reported by National Institute of Statistics and Information Science. The data is categorized under Global Database’s Peru – Table PE.P003: Retail Price.
The price per unit in the 'Meat Substitutes' segment of the food market in the United Kingdom was forecast to continuously increase between 2024 and 2029 by in total 1.5 U.S. dollars (+12.79 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 13.18 U.S. dollars and therefore a new peak in 2029. Notably, the price per unit of the 'Meat Substitutes' segment of the food market was continuously increasing over the past years.Find other key market indicators concerning the revenue growth and revenue. The Statista Market Insights cover a broad range of additional markets.
The price of all kinds of beef products increased in the 52 weeks ending on February 18, 2024 in the United Kingdom (UK). The price of minced beef increased by just over 16 percent, making it the product with the highest increase in cost over that time period.
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Retail Price Index: Inner Mongolia: Food: Meat, Poultry & Processed Product data was reported at 96.400 Prev Year=100 in 2022. This records an increase from the previous number of 91.300 Prev Year=100 for 2021. Retail Price Index: Inner Mongolia: Food: Meat, Poultry & Processed Product data is updated yearly, averaging 102.254 Prev Year=100 from Dec 1989 (Median) to 2022, with 34 observations. The data reached an all-time high of 143.500 Prev Year=100 in 1994 and a record low of 91.300 Prev Year=100 in 2021. Retail Price Index: Inner Mongolia: Food: Meat, Poultry & Processed Product data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IB: Retail Price Index: Inner Mongolia.
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China Retail Price Index: Urban: Food: Meat, Poultry and Processed Product data was reported at 96.000 Prev Year=100 in 2022. This records an increase from the previous number of 83.400 Prev Year=100 for 2021. China Retail Price Index: Urban: Food: Meat, Poultry and Processed Product data is updated yearly, averaging 102.873 Prev Year=100 from Dec 2003 (Median) to 2022, with 20 observations. The data reached an all-time high of 137.700 Prev Year=100 in 2020 and a record low of 83.400 Prev Year=100 in 2021. China Retail Price Index: Urban: Food: Meat, Poultry and Processed Product data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IB: Retail Price Index: Urban: Annual.
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Meat Price Index in World remained unchanged at 118 Index Points in February. This dataset includes a chart with historical data for World Meat Price Index.
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The price of Lamb and Sheep Meat in May 2023 reached $8,934 per ton (FOB, United Kingdom), showing a 1.8% increase compared to the previous month.
This statistic depicts the average annual prices for meat (beef) from 2014 through 2026*. In 2023, the average price for meat (beef) stood at 4.9 nominal U.S. dollars per kilogram.
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In November 2022, the price of canned meat (CIF, United Kingdom) was $5,196 per ton, an increase of 4.4% compared to the previous month.
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This study examines the volatility of beef and lamb prices in Türkiye, as food price inflation compromises the food security of low- and middle-income households. The inflation is the result of a rise in energy (gasoline) prices leading to an increase in production costs, together with a disruption of the supply chain by the COVID-19 pandemic. This study is the first to comprehensively explore the effects of multiple price series on meat prices in Türkiye. Using price records from April 2006 through February 2022, the study applies rigorous testing and selects the VAR(1)–asymmetric BEKK bivariate GARCH model for empirical analysis. The beef and lamb returns were affected by periods of livestock imports, energy prices, and the COVID-19 pandemic, but those factors influenced the short- and long–term uncertainties differently. Uncertainty was increased by the COVID–19 pandemic, but livestock imports offset some of the negative effects on meat prices. To improve price stability and assure access to beef and lamb, it is recommended that livestock farmers be supported through tax exemptions to control production costs, government assistance through the introduction of highly productive livestock breeds, and improving processing flexibility. Additionally, conducting livestock sales through the livestock exchange will create a price information source allowing stakeholders to follow price movements in a digital format and their decision-making.
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Graph and download economic data for Producer Price Index by Industry: Rendering and Meat Byproduct Processing: Meat and Bone Meal (PCU31161331161351) from Dec 1982 to Feb 2025 about meat, processed, PPI, industry, inflation, price index, indexes, price, and USA.
The FAO Meat Price Index* started to increase in October of 2020. For the first few months of the pandemic, prices had declined. In 2021, prices further increased and the index reached an all time high of 125.4 index points in June of 2022, a few months after the start of the Russian invasion of Ukraine. Since then, the index has fluctuated and came to 117.7 in January 2025. For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated facts and figures page. For further information about the Russian invasion of Ukraine, please visit our dedicated page on the topic.