In September 2024, a sudden surge in meat prices across Kyrgyz markets raised concerns among both consumers and government officials, according to a report by Akchabar. Data from Kyrgyzstan's National Statistics Committee shows that the price of beef jumped notably between August and September 2024. In August, the average price of beef was 570.23 Kyrgyz soms per kilogram, rising to 608.77 Kyrgyz soms in September.
Initially, Kyrgyzstan's Anti-Monopoly Service attributed the price hike to the wedding season and a shortage of animal feed in September. However, it was later discovered that a significant increase in meat exports to Uzbekistan, and subsequently to Tajikistan, played a major role in the price surge.
"Large volumes of meat are being exported to Uzbekistan, which then sends the goods to Tajikistan. In response, the Ministry of Agriculture proposed a temporary ban on meat exports," said Syrgak Omorov, a representative of the Anti-Monopoly Service.
It was noted that the temporary ban on meat exports, implemented last week, has since been lifted. Collaborative efforts between the Ministry of Agriculture and the Anti-Monopoly Service helped stabilize prices.
"Prices have now stabilized, so there is no need for state regulation at this time. If the situation changes, we will propose relevant measures to the Ministry of Economy and take appropriate action," the service stated.
Consumers facing unreasonable price increases are encouraged to contact the regional offices of the Anti-Monopoly Service for assistance.