With summer in mind, online catering marketplace Caterwings has conducted a study revealing the cost of favorite BBQ meat items in over 50 countries worldwide. The study reveals that Switzerland has the highest meat prices, at 141.9% more expensive than the average cost worldwide, followed by Norway (63.7% more expensive) and Hong Kong (61% more expensive), while Ukraine has the least expensive meat prices, at 52.3% less expensive than the average cost, closely followed by Malaysia (50.3% less expensive).
To give perspective to the data, the affordability of meat in each country was calculated to reveal the relative number of hours a person on minimum wage must work to buy each type of meat. The findings confirmed that not only does the price of BBQ favorites vary massively from country to country, but there is also an enormous disparity in the quantity of meats consumed around the world.
To create the Index, Caterwings looked at the top meat producing and consuming countries around the world focusing on beef, chicken, seafood, pork and lamb. After reviewing hundreds of food retailers, the data was compiled by analysing meat prices in these countries’ top cities, which needed to account for at least 25% of the total population. The Index is then ranked by the deviation percentage—this shows how comparatively affordable or expensive each meat type is in each country, in comparison to the global average cost.
Results
The tables below show the top countries with the most and least expensive meat prices, based on the average cost of 1kg of meat. Full results can be found here: https://www.caterwings.co.uk/caterers/meat-price-index-usd/
The top 5 countries with the most and the least expensive beef prices are:
Most Expensive Beef |
|
Least Expensive Beef |
||||||||
# |
Country |
Leg Round |
Tenderloin |
Mince |
|
# |
Country |
Leg Round |
Tenderloin |
Mince |
1 |
Switzerland |
(USD)$49.68 |
$63.13 |
$20.81 |
|
1 |
India |
$4.73 |
$13.69 |
$2.33 |
2 |
Hong Kong |
$20.83 |
$71.70 |
$9.11 |
|
2 |
Colombia |
$5.28 |
$13.33 |
$2.62 |
3 |
Norway |
$28.55 |
$58.91 |
$13.55 |
|
3 |
Ukraine |
$3.70 |
$14.14 |
$3.88 |
4 |
South Korea |
$21.65 |
$57.72 |
$17.77 |
|
4 |
Malaysia |
$5.76 |
$15.54 |
$2.55 |
5 |
Japan |
$17.18 |
$56.18 |
$11.93 |
|
5 |
Egypt |
$7.01 |
$13.46 |
$3.93 |
The top 5 countries with the most and the least expensive chicken prices are:
Most Expensive Chicken |
|
Least Expensive Chicken |
||||||
# |
Country |
Breast |
Leg |
|
# |
Country |
Breast |
Leg |
1 |
Switzerland |
$27.14 |
$11.32 |
|
1 |
Ukraine |
$2.65 |
$1.90 |
2 |
Norway |
$13.69 |
$9.53 |
|
2 |
Thailand |
$2.81 |
$2.71 |
3 |
Sweden |
$14.28 |
$7.15 |
|
3 |
Malaysia |
$2.85 |
$2.83 |
4 |
Finland |
$11.33 |
$7.54 |
|
4 |
Egypt |
$3.69 |
$2.57 |
5 |
New Zealand |
$10.12 |
$8.21 |
|
5 |
India |
$3.26 |
$3.13 |
The top 5 countries with the most and the least expensive fish prices are:
Most Expensive Seafood |
|
Least Expensive Seafood |
||||||||
# |
Country |
White |
Salmon |
Shrimp |
|
# |
Country |
White |
Salmon |
Shrimp |
1 |
Switzerland |
$19.48 |
$33.30 |
$35.84 |
|
1 |
India |
$6.59 |
$11.74 |
$10.96 |
2 |
Hong Kong |
$18.24 |
$44.32 |
$24.23 |
|
2 |
Vietnam |
$3.92 |
$17.23 |
$10.73 |
3 |
Netherlands |
$20.00 |
$31.93 |
$34.55 |
|
3 |
Malaysia |
$9.17 |
$16.68 |
$7.75 |
4 |
Belgium |
$19.45 |
$30.51 |
$32.59 |
|
4 |
Portugal |
$5.78 |
$14.35 |
$15.15 |
5 |
Denmark |
$16.54 |
$31.02 |
$33.38 |
|
5 |
Croatia |
$6.62 |
$16.50 |
$14.00 |
The top 5 countries with the most and the least expensive pork prices are:
Most Expensive Pork |
|
Least Expensive Pork |
||||||||
# |
Country |
Chop |
Sausage |
Ham |
|
# |
Country |
Chop |
Sausage |
Ham |
1 |
Switzerland |
$20.39 |
$20.95 |
$41.92 |
|
1 |
Brazil |
$4.39 |
$5.66 |
$5.03 |
2 |
Hong Kong |
$18.98 |
$10.28 |
$43.99 |
|
2 |
Ukraine |
$4.15 |
$5.05 |
$8.54 |
3 |
Singapore |
$16.27 |
$13.10 |
$29.08 |
|
3 |
Hungary |
$3.37 |
$3.00 |
$12.58 |
4 |
Japan |
$14.65 |
$11.96 |
$29.01 |
|
4 |
Poland |
$3.29 |
$5.88 |
$10.64 |
5 |
New Zealand |
$9.00 |
$10.71 |
$35.05 |
|
5 |
Bulgaria |
$4.64 |
$5.09 |
$12.15 |
The top 5 countries with the most and the least expensive lamb prices are:
Most Expensive Lamb |
|
Least Expensive Lamb |
||||
# |
Country |
Chop |
|
# |
Country |
Chop |
1 |
Switzerland |
$48.91 |
|
1 |
Colombia |
$6.89 |
2 |
Israel |
$35.41 |
|
2 |
Mexico |
$8.35 |
3 |
Norway |
$32.91 |
|
3 |
Brazil |
$8.37 |
4 |
Hong Kong |
$32.35 |
|
4 |
Ukraine |
$8.78 |
5 |
Japan |
$31.39 |
|
5 |
Malaysia |
$8.97 |
These tables are extracts from the full findings which can be found on Caterwings’ results page: https://www.caterwings.co.uk/caterers/meat-price-index-usd/
Source: Caterwings