Country Profiles

Beef prices

Thailand’s retail prices for cattle meat have risen by over 50% between 2000 and 2013 Figure 6), reflecting the strong underlying demand growth. This increase in price indicates that domestic production is unable to accommodate increases in demand for beef. The beef price increases conforms to regional and international trends, which suggest an integrated cross-border beef market. The prices of chicken and pork also increased, however at lower rates than the beef price (Figure 6).

Figure 6: meat retail prices in Thailand (2010 constant prices)

Source: DLD (2014)

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