A study conducted by Caterwings for food prices across the world in 2017 has yielded interesting results about food consumption and prices, especially in the meat sector. The study showed that the prices of meat vary massively from country to country, with an “enormous disparity in the affordability for people all around the world.”
The research relied on analyzing meat prices in every country’s top cities, accounting for at least 25% of the country’s total population.
The findings of the research showed that India has low meat prices. “Despite the low meat prices in countries such as India, someone on minimum wage must work almost a whole week to buy a piece of meat, while those in Norway would need to work less than one hour on minimum wage to afford the same,” Caterwings said.
In terms of chicken prices in the Middle East countries covered by the study, the price of a chicken breast costs $3.69 in Egypt, $8.76 in the United Arab Emirates (UAE), $5.63 in Saudi Arabia, and $6.57 in Qatar. A chicken leg costs $2.57 in Egypt, $7.02 in the UAE, $4.93 in Saudi Arabia, and $5.39 in Qatar.
As for beef prices in these countries, the price of a leg round of beef is estimated at $7.01 in Egypt, $10.34 in the UAE, $9.87 in Saudi Arabia, and $10.97 in Qatar.
The analysis showed that Switzerland has the highest meat prices in the world, while Ukraine has the lowest meat prices.
Regarding fish prices, white fish is priced at $8.22 in Egypt, $12.15 in the AUE, $8.34 in Qatar, and $9.10 in Saudi Arabia.