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 *** 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.

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.

Taiwan: Meat price index, world average = 100: The latest value from 2021 is 132.78 index points, an increase from 113.11 index points in 2017. In comparison, the world average is 96.25 index points, based on data from 165 countries. Historically, the average for Taiwan from 2017 to 2021 is 122.95 index points. The minimum value, 113.11 index points, was reached in 2017 while the maximum of 132.78 index points was recorded in 2021.

China: Meat price index, world average = 100: The latest value from 2021 is 120.97 index points, an increase from 98.55 index points in 2017. In comparison, the world average is 96.25 index points, based on data from 165 countries. Historically, the average for China from 2017 to 2021 is 109.76 index points. The minimum value, 98.55 index points, was reached in 2017 while the maximum of 120.97 index points was recorded in 2021.

Fresh regular 100% ground beef excluding round, chuck, and sirloin. Includes organic and non-organic. Excludes pre-formed patties."

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 **** U.S. dollars, up from **** U.S. dollars in 2008. Cattle and beef production in the U.S. In 2022, there were almost ** 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 *********** U.S. dollars in sales per store per week, compared to approximately *********** dollars for chicken, and less than ************* dollars for pork. As of 2021, per capita consumption of beef in the United States amounted to about ** pounds per year.

Beef rose to 310.55 BRL/15KG on August 20, 2025, up 0.91% from the previous day. Over the past month, Beef's price has risen 5.67%, and is up 31.87% compared to the same time last year, 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 August of 2025.

Bangladesh: Meat price index, world average = 100: The latest value from 2021 is 96.22 index points, an increase from 85.14 index points in 2017. In comparison, the world average is 96.25 index points, based on data from 165 countries. Historically, the average for Bangladesh from 2017 to 2021 is 90.68 index points. The minimum value, 85.14 index points, was reached in 2017 while the maximum of 96.22 index points was recorded in 2021.

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.

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.

Learn why retail beef prices in the US have increased significantly in 2021, including supply chain disruptions caused by COVID-19, labor shortages, and high demand for meat. Discover how different regions in the US affect beef prices and the potential future trend of prices.

India: Meat price index, world average = 100: The latest value from 2021 is 70.25 index points, an increase from 65.43 index points in 2017. In comparison, the world average is 96.25 index points, based on data from 165 countries. Historically, the average for India from 2017 to 2021 is 67.84 index points. The minimum value, 65.43 index points, was reached in 2017 while the maximum of 70.25 index points was recorded in 2021.

Trinidad and Tobago: Meat price index, world average = 100: The latest value from 2021 is 121.49 index points, an increase from 117.41 index points in 2017. In comparison, the world average is 96.25 index points, based on data from 165 countries. Historically, the average for Trinidad and Tobago from 2017 to 2021 is 119.45 index points. The minimum value, 117.41 index points, was reached in 2017 while the maximum of 121.49 index points was recorded in 2021.

In 2022, the retail price for two pounds of ground beef increased by ** percent since *********. The prices of meat saw the most significant increases, while the cost of strawberries decreased by ** percent.

Germany: Meat price index, world average = 100: The latest value from 2021 is 138.32 index points, an increase from 129.24 index points in 2017. In comparison, the world average is 96.25 index points, based on data from 165 countries. Historically, the average for Germany from 2017 to 2021 is 133.78 index points. The minimum value, 129.24 index points, was reached in 2017 while the maximum of 138.32 index points was recorded in 2021.

In the period under review, the monthly Consumer Price Index (CPI) for beef and veal meat in Italy increased considerably. While it totaled 104.9 in January 2021, as of December 2024 it had reached 123.2, the highest value to date. The Consumer Price Index (CPI) measures changes in the market price of a basket of consumer goods and services purchased by households.

Learn about the factors that have contributed to the rise in beef prices in 2021, including pandemic-related supply chain disruptions and increased demand from China. Find out how transportation costs, feed prices, and regional market demand can also impact beef prices.

For the fourth consecutive year, the Canadian meat and poultry market recorded growth in sales value, which increased by 2.3% to $15B in 2024. The market value increased at an average annual rate of +2.7% from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 8% against the previous year.

Retail Price Index: Tianjin: Food: Meat, Poultry & Processed Product data was reported at 97.400 Prev Year=100 in 2022. This records an increase from the previous number of 88.200 Prev Year=100 for 2021. Retail Price Index: Tianjin: Food: Meat, Poultry & Processed Product data is updated yearly, averaging 104.875 Prev Year=100 from Dec 1989 (Median) to 2022, with 34 observations. The data reached an all-time high of 131.100 Prev Year=100 in 2020 and a record low of 88.200 Prev Year=100 in 2021. Retail Price Index: Tianjin: 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: Tianjin.

Spain: Meat price index, world average = 100: The latest value from 2021 is 109.77 index points, an increase from 109.39 index points in 2017. In comparison, the world average is 96.25 index points, based on data from 165 countries. Historically, the average for Spain from 2017 to 2021 is 109.58 index points. The minimum value, 109.39 index points, was reached in 2017 while the maximum of 109.77 index points was recorded in 2021.