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Meat Price Increased

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Natia Taktakishvili
13.11.20 11:00
913
According to Geostat, meat and meat product price is 3.4% up in the last year.

Meat producers declare, that the surge is driven by the rise of animal feed price on the international market and GEL exchange rate.

"Prices on food raw materials are rising on the international market, which is added by the devaluation of our national currency. As a result, we got a double blow and that conditioned price rise.

For example, if soybean meal imported to Georgia cost $ 500 including VAT a month ago, today it costs $ 600. Devaluation of lari is added $ 100 price increase”, said Davit Shalamberidze, director of Invet.

According to him, cost of 1 kg poultry meat is in the range of 5-5,5 GEL. However, the price might be increased by 1 GEL further in a few weeks.

Today, the average cost of 1 km meat totals to 23-24 GEL. Part of the producers say that the cost of pork has remained unchanged, merely beef price is grown.

According to the meat production company "Tserti", in their case, the price is determined by the cost of imported feed, due to which meat price is already increased by 1 GEL.

It should be noted that meat is 1-2 GEL cheaper on the agrarian markets.

Meat production shows a growing trend in the country. According to Geostat, 16.3 thousand tons of meat was produced in Georgia in the second quarter, which is higher comparing to the same period of the last year.

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