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Poultry prices down in Iran

Business Materials 24 September 2018 15:18

Baku, Azerbaijan, Sept.24

By Leman Zeynalova - Trend:

In Iran, retail prices of poultry products decreased from 90,000 rials ($2.14) to 89,000 rials ($2.11) per kilogram.

Mehdi Yusifkhan, chairman of the Poultry and Fishery Union, said in an interview with Mehr news agency that chicken prices are now 79,000 rials ($1.88) per kilogram, while northern chicken is sold at 85,000 rials ($2.02).

Yusifkhan added that chicken brisket is sold at 170,000 - 180,000 rials ($4 – $4.3) per kilogram, while price of fillet is 190,000 rials ($4.5) per kilogram.

According to the 2017 data, Iran produces over 2 million tons of chicken annually, standing among the biggest producers of chicken in the world. Iran’s per capita chicken consumption stands at 26-27 kg per year, while the global average is 13 to 15 kg.

The main export destinations for Iranian chicken are Hong Kong, Iraq, Qatar, Vietnam, Taiwan and Macau.

The exports of chicken by Iran stood at about 50,000 tons in 2016, down from 80,000 tons in the previous year, registering a 37.5 percent decline. The reason for this decline that time was that poultry and egg exports from the country had been banned due to the outbreak of avian flu.

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Follow the author on Twitter: @Lyaman_Zeyn

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