Food prices across the globe [General comparison] - page 2.

Richbased

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Quote from: freedomgo on December 17, 2024, 06:58:49 AM

Quote from: SmartGold01 on December 17, 2024, 06:42:59 AM

Does it mean within or during Xmas period thing are far more expensive than the usual days? let us discuss..

Definitely, as demand increases, prices rise. However, if your country has a government agency that monitors prices, businesses won’t be able to take advantage of the holiday season. The price will remain fair although increase is inevitable.

Exactly, the price increase in yuletide seasons is just as a result of government agencies not checkmating the hike in price of things if not why would people be so wicked to increase the prices of food items when they are even supposed to reduce it so that it will be affordable to people to use and celebrate the festive season but it's just bad that everything still hits hard on the common man because the rich will always afford it while the common man in the society is always left behind to suffer even at a time when they are supposed to merry with others. During festive seasons, the price of almost everything increases almost x2 but after the festive period everything returns to normalcy. Very bad

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Quote from: SamReomo on December 18, 2024, 12:44:39 PM

OP, the prices you mentioned are still not that high as compare to other countries. In first world countries it's not easy to acquire 50 kg rice at such low rates.

It is very high, i think OP is from Nigeria, just like me, so before you compare the price with first world countries, you have to consider the disparity in minimum wage, the minimum wage per month in Nigeria is around $43, with food inflation at almost 40% right now. The situation over here is pretty bad anyway, most people cannot afford the 50kg bag of rice OP put in their post, especially that of the medium to highest quality, which right now is almost twice the price OP put in their post.

WillyAp

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Quote from: pooya87 on December 17, 2024, 08:43:30 AM

Tomato price skyrocketed recently out of nowhere and they reached $1.4 per kilo (it is usually $0.35 /kilo).
Tomato paste went up a little $0.88 a can
Onions are $0.4 per kilo.
Chicken is about $1.3 per kilo.
Red meat is about $10 a kilo.
Cooking oil vary a lot. I have to look up stuff like sesame, olive, etc. oil. The usual stuff we buy (I think it is sunflower and Canola oil) is about $0.70 per container that is 810 grams.

Tomato price above $2 a kg
Tomato paste $2.88 a can
Onions are $1.5 per kilo.
Chicken is about $2.53 to 3 per kilo.
Red meat is about $6 to 7 a kilo. Also depends what cut.

Venezuela

pooya87

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Quote from: lovesmayfamilis on December 19, 2024, 04:15:38 AM

Everyone forgets about the quality of the products, and this will also result in different prices.

It is hard to fit all of that inside one comment. I tried doing it about rice prices in my comment on the first page.

Also keep in mind that more expensive doesn't always mean better quality. For example speaking of rice, the one we buy is an organic brand without all the genetic manipulation and chemical crap they use to grow some of the others. There is another brand (certain Tarem variants) that are genetically manipulated and taste like crap but is more expensive!

I can think of a lot of other examples as well. Like oranges that we buy a lot these days. There are some variants that look fantastic, are so "orange" and shiny but they have no taste because of the chemical crap they use to grow them. They are 3x more expensive (~$1 vs ~$0.30 per kilo) than the organic oranges that taste a lot better and are healthy but lack the "looks"

Spaceman1000$

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Quote from: freedomgo on December 17, 2024, 06:58:49 AM

To make it easier for everyone to understand since this isn’t a local board, I suggest you include the dollar equivalent for the price, as USD is the standard currency worldwide.

Quote

Does it mean within or during Xmas period thing are far more expensive than the usual days? let us discuss..

Definitely, as demand increases, prices rise. However, if your country has a government agency that monitors prices, businesses won’t be able to take advantage of the holiday season. The price will remain fair although increase is inevitable.

I agree with you totally, the OP would have used the price in USD as that would have given a generally knowledge for everybody to understand, he would have also shared with us the previous prices of those items and the current price so we can easily compare and contrast the price fluctuation over this period of time. However is also safe to say that, good's and service are always high during the yuletide season and this is something we've experience the over the years because of high demands and will remain like that till towards the end of January before things will begin to normalize, so to a lot of people, the price hike is normal for them this period.

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Quote from: lovesmayfamilis on December 19, 2024, 04:15:38 AM

Everyone forgets about the quality of the products, and this will also result in different prices.
~snip~

I didn't forget about it, and I mentioned it in my post - if you want something healthy produced organically, then you will pay at least 50% or even 100% more for it. Eggs from free-range chickens, fruits and vegetables that have not been treated with any harmful chemicals, or even clothes that have strict production standards and do not contain harmful substances.

However, it should be kept in mind that many such products are actually just labeled with a label sold by a company, but are not actually what we think we are paying for. Given that a very small percentage of products on the market are tested and that such tests are relatively expensive, it is an ideal situation for those who want to cheat by selling products that do not comply with the declaration.

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Everyone forgets about the quality of the products, and this will also result in different prices. In my country, the price of domestic chicken raised on normal, healthy food is several times higher than the price of those chickens raised on various additives, including well-known antibiotics and so on. The same can be said about many other products. I think that those people who care about their health and the health of their children will see the difference in prices and will stop at the preference not for cheapness but for health benefits. Therefore, it is quite difficult to talk about prices for countries, since sometimes I see that the products my husband buys in my country pull the price of products from one of the most successful countries.

Onyeeze

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For the experience of what you said right now I don't have any disagreement with you but I know quite well that the price of things is different based on the country that you are living or dwelling because each price of things is being determined by the economy of that country if a economy of your country is good the price tag of things will be also good but the process whereby the economy of your country is not good that is every possibility that uh people living in that country with suffer with the cost of price in some of these commodities

SamReomo

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OP, the prices you mentioned are still not that high as compare to other countries. In first world countries it's not easy to acquire 50 kg rice at such low rates. I guess Iran is one of the nations where food rates are quite cheap as compared to other nations and as pooya87 said that 1 KG chicken cost $1.3 and that's pretty cheap. In my area the rate of chicken meat is around $1.80 per KG and still that's cheap because in United States it's over $5 per KG of chicken meat if I'm not wrong.

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These are the prices of some basic food items in my country:
Rice 50kg = $50-75 (depending on quality)
Onions 1kg = $0.5
Chicken 1kg =$2
Cooking oils 4kg = $9
Tomato 1kg = $0.5

But this also depends on the purchasing power of income which varies from one country to another, meaning that in countries with high salaries these prices are not high, but in countries with low salaries these prices are definitely considered expensive.

Most people here also start buying their basic needs before Christmas and New Year because prices double during these times due to the holidays.

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The prices that OP posted especially for rice, are not that different from the prices here in our area, just slightly cheaper there. However the chicken and goat seem a bit pricey considering the local average income.

During holidays price increases are almost expected due to high demand but they’re typically regulated in well-known and major markets. From where I am, prices also fluctuate during festive periods but not as drastically because some measures are in place to regulate these spikes.

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The economy has gotten really bad in my country and the cost of living isn't what it used to be. The price of food items have increased and people can't afford to even provide a three square meal for themselves and their family. What could be the solution this economic challenge? Because the situation doesn't seem to improve, the price of goods keep increasing on a daily basis and there's no hope of these goods decreasing in price. What's the hope for the poor and average people in the next ten years? Would the poor be able to survive and thrive in this situation.

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Quote from: ? on December 17, 2024, 06:35:16 PM

It has been noticed that during festive periods such as Christmas, Easter, sallah,etc the food prices are at their peak leaving the consumers no other choice than to purchase at such amount which is not meant to be so.I don't really know why its always this way but the government has to really look into this issue.
Moreover,even at normal periods when there is no celebration at hand the price of food in the market is alarming.This could render the consumer not to have purchasing power over the goods in the market.Over the past 12 months, the average food inflation rate rose to 38.67%, a substantial increase of 11.58 percentage points compared to 27.09% in November 2023.This is not a welcome approach and the government should get all hands on deck quickly on this matter cause if the whole nation should go hungry there would be no one to support the labour force and that would bring about a bad economy.

Right. Prices of food in our country are increasing and every government of the country is not taking any step for the country because they want to rober the country by getting taxes from poor people. People people always pay more taxes than rich people because rich people always escape from tax system and government is dependent on rich people. Meat prices are very high in every country and every government should take action about that because in few years we saw huge pump in the the prices of meat. Rice prices are also very high and people will not forget to eat rice and that's why government increase taxes on that and farmers also hide tons of rice hide and government is not taking step amd prices are going high and high.

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Quote from: freedomgo on December 17, 2024, 06:58:49 AM

Definitely, as demand increases, prices rise. However, if your country has a government agency that monitors prices, businesses won’t be able to take advantage of the holiday season. The price will remain fair although increase is inevitable.

unfortunately those in charge of those agency responsible for checkmating and regulating of the prices of products and services are but a toothless barking dog. Toothless barking dog in the sense that they don't take necessary actions on these local business operators as it appears that money does exchange hands between some corrupt agents and the business owners who then have to without fear increase prices of goods and services beyond normal price. In recent times, reports to their quarters about these abnormal hikes has constantly fell on deaf ears.

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Quote from: SmartGold01 on December 17, 2024, 06:42:59 AM

Rice 69,000 (50kg), Gino Tomatoes 10,000, Onions one custard rubber 15,000, Chicken 30,000, Groundnut oil 4 littrs (25,000)/Red oil (Palm oil) 15,000, Crayfish one custard rubber 10,000, Full life Goat 120,000, One crate of malt 15,000, ect most images aren't included.

Note: image gotten google

The price of the listed items are true except for the fact that rice is above #69k naira approximately $41.88 in dollar. I don't know where you get your price but I can tell you that rice is above #69k let me show you current price of rice in Nigeria.

These are different prices of rice ranging from different products which all are above $50 to $60 from Jiji.ng. Sometimes it baffles me how price keep on increasing without decreasing but salary of workers remain constant. For those salary earners.

Quote from: SmartGold01 on December 17, 2024, 06:42:59 AM

Does it mean within or during Xmas period thing are far more expensive than the usual days? let us discuss..

Well it has been Like that for some years Now, things are always expensive during festive period because demands are always higher than supply just like bitcoin higher Demand increases bitcoin growth.

cryptoWODL

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Due to high inflation, the prices of food items available in our country have increased very high. At present, the prices of all food items in our country are increasing. An interesting thing is that in our country, the price of food products fluctuates every week, that is, if the price of food products increases in one week, the price of food products decreases slightly in another week.

At present in our country 1 US dollar = about 120 rupees. The price of each food item is mentioned here.

1 kg rice price $0.5
1 kg tomatoes price $0.84.
1 kg onion price $0.75.
1 kg chicken price $2.4
1 liter cooking oil price $1.5
1 kg beef price $6.25
1 kg goat meat price $8.33

Lucius

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Food prices have definitely gone up since we had the pandemic, and I can personally say that I pay at least 30% and over 100% more for food and household items than 4-5 years ago. Given that retail chains have their own brands, such products can be cheaper, but they are usually of lower quality than more well-known brands.

So I can buy 1 kg of rice for 1 EUR (a little more than $1), but the slightly better one costs at least twice as much. A kilogram of chicken that is supposedly raised without the use of antibiotics and in a natural way is over 3 EUR, while the "ordinary" one can be a little cheaper. A kilogram of trout is around 6 EUR, while a kilogram of carp is around 5 EUR, and the fish is traditionally prepared on Christmas Eve. Potatoes have become cheaper this year, a 10 kg bag costs 5 EUR (last year 7 EUR), while I am not sure about onions because I have my own and do not buy them.

For those who are interested in more, for price comparison, I put a link to two popular retail chains and their online leaflets.

1 & 2

?

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It has been noticed that during festive periods such as Christmas, Easter, sallah,etc the food prices are at their peak leaving the consumers no other choice than to purchase at such amount which is not meant to be so.I don't really know why its always this way but the government has to really look into this issue.
Moreover,even at normal periods when there is no celebration at hand the price of food in the market is alarming.This could render the consumer not to have purchasing power over the goods in the market.Over the past 12 months, the average food inflation rate rose to 38.67%, a substantial increase of 11.58 percentage points compared to 27.09% in November 2023.This is not a welcome approach and the government should get all hands on deck quickly on this matter cause if the whole nation should go hungry there would be no one to support the labour force and that would bring about a bad economy.

DrBeer

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Ukraine, Kiev
Rice, from ~ $ 1.2 per kilogram
Onion, from ~ 0.30$ per kilogram
Chicken, from ~ 2$ per kilogram
Chicken fille, fromt ~ from 3 $ per kilogram
Veal, from ~ 4 $ per kilogram
Prices are per kilogram, to get the price per pound - you need to multiply the indicated price by 0.45.

These are the prices in chains, but there are agricultural markets and agricultural fairs, where they are even cheaper.

Odusko

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I still remember when I bought a bag of tomatoes rice for less than $40 when the value of the dollar to naira was higher then current dollars exchange value, the problem is that the government failed to face the real issue of inflation in the internal economy and lack of price control, their blame the high price of basic commodities on the dollar exchange rate but now the United States Dollar exchange rate to naira is stabilize and lower now but cost of basic commodities in the market keep raising, there is no consistency within the pricing system and what is sold for one part of the country could be leaser or higher in another state for example the Price of bag of Rice in my location is way above 100k which is somewhere around $55 equivalent compared to your current location and price.

Topic: Food prices across the globe [General comparison] - page 2. (Read 476 times)