Breaking News on Global Meat Trading and Processing

Headlines > Analysis

Read more breaking news



Swiss meat prices are higher than any other country

Post a comment
Oscar Rousseau

By Oscar Rousseau+


The cheapest country to buy a kilogram of beef tenderloin in Colombia
The cheapest country to buy a kilogram of beef tenderloin in Colombia

Meat prices in Switzerland are the highest in the world, according to a new study, but are these astronomical costs really so unsavoury?

If you visit Switzerland, then you should expect to pay around 141% above the global average for a bit of meat, according to a study by Caterwings.

A kilogram of beef tenderloin costs $64 (€54) in Switzerland, compared to the $2.27 (€2.67) you could pick it up for in Colombia – the world’s cheapest place to buy tenderloin beef.

This is according to Caterwings’ Meat Price Index, which explored the price of meat in over 50 countries worldwide. The study compared the cost of beef, pork, chicken, lamb and seafood with the minimum wage in each country’s biggest city to provide a comparison on the global average of meat prices and affordability.

Meat prices reveal global ‘inequality’

And while tenderloin beef in Switzerland costs more than any country aside from Hong Kong , it would take an unskilled worker in the country – which officially does not have a minimum wage – 3.1 hours of work to buy the beef.

A minimum-wage worker in Hong Kong, the world’s most expensive place to buy tenderloin beef, would have to put in 7.5 hours of hard graft before they could afford tasty tenderloin.

This examination of meat prices versus affordability has revealed “enormous disparity” in how long it would take people on minimum wages in different countries to pay for meat, the study said.

A typical unskilled labourer in Indonesia , for example, would have to work just under 24 hours before being able to afford beef, but a similarly unskilled worker in Denmark could afford good beef after an hour’s work.

What began as a simple catering cost price index for market research has raised some important questions,” said Caterwings managing director Susannah Belcher.

It is clear that international inequality exists and, as the world begins to rethink the implications of globalisation, this study clearly demonstrates that food prices ought to be on the agenda.

Asia is home to four of the top 10 most expensive countries for meat in the world, with Hong Kong, South Korea, Japan and Singapore all costly destinations for carnivores.

Post a comment

Comment title *
Your comment *
Your name *
Your email *

We will not publish your email on the site

I agree to Terms and Conditions

These comments have not been moderated. You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment. Any comment that violates these terms may be removed in its entirety as we do not edit comments. If you wish to complain about a comment please use the "REPORT ABUSE" button or contact the editors.

Related products

Related suppliers

Key Industry Events


Access all events listing

Our events, Shows & Conferences...

Live Supplier Webinars

Packaging for Export
William Reed Business Media
All supplier webinars