Iran News

Meat Prices in Iran Rise by 15,000 Tomans in One Week

The head of the sheep meat sellers union announced on Thursday, December 30, an increase of approximately 15,000 tomans in meat prices over the past week due to “quarantine of sheep for export to Persian Gulf littoral states.”

According to ILNA, Ali Asghar Maleki, head of the union, also stated that livestock breeders are currently not selling their animals to domestic sellers. He added that domestic sellers are buying live livestock at 62,000 tomans per kilogram, while export livestock prices are 90,000 tomans per kilogram, and exporters can sell livestock to Arab buyers for 3 dollars per kilogram.

Accordingly, according to this trade official, on Thursday, December 30, the price of lamb leg exceeded 170,000 tomans, while due to these price increases, per capita meat consumption in Iran has declined by 50 percent over the past year.

In early October of this year, the head of the country’s small livestock union, referring to the fifty-percent reduction in meat consumption in Iran, stated that per capita meat consumption in Iran has dropped from 12 kilograms per year to six kilograms.

Nevertheless, according to Iran’s economy minister, the 4,200 toman exchange rate that was allocated to imports of essential goods to control their prices will be removed from the budget for the 2022 fiscal year for imports of animal feed and similar items.

Based on Iran Statistics Center report, the annual inflation rate in November of the current year was 44.4 percent, and according to official statistics from the Labor Ministry, the average price of more than 83 percent of food items in Iran has exceeded the crisis threshold.

 

Source: Radio Farda

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