Barely 72 hours have passed since the Cabinet’s decision to form a ministerial committee to enhance the food security system, prevent price hikes, confront crises and plan for self-sufficiency in some commodities.
While the markets have witnessed a noticeable shortage of live and frozen chicken, demands have increased for the need to take more effective government measures to control the situation and work to provide sufficient quantities of this vital commodity and limit the rise in prices, reports a local Arabic daily.
Officials in the cooperative societies sector and supermarkets attribute this rise to the continuation of the repercussions of the Russian-Ukrainian war, pointing out that some poultry companies raised their prices, due to the increase in feed prices and the impact of this is felt on more than one sector, pointing to the big demand from citizens and residents to buy local and imported chicken, which led to the scarcity of some types in the markets and shops selling fresh chicken.
The officials indicated the demand for buying live and frozen chicken increased by 40% in some coops and supermarkets and the demand was not limited to local chickens, but also Brazilians, which has seen a significant decrease, especially in light of the fierce competition between different countries to import Brazilian poultry, including Kuwait.
The Arabic daily which monitored the increase in the prices of fresh local chicken says not it is sold for between one and two dinars depending on the weight.
In cooperative societies and supermarkets, there was a shortage of some types of local and imported chicken, compared to earlier times such as March and April. It was noted that the price of jumbo chicken was sold for 1.300 dinars from some local companies, and the smaller one was 1.200 dinars, while consumers indicated that this increase in the prices of poultry and eggs in some coops and wholesale markets has unexpectedly reached high prices.
5 reasons for the hike in prices
1 – The continuation of the repercussions of the war in Ukraine
2 – The huge rise in feed prices
3 – Weak market control
4 – High demand for purchase
5 – Sharp competition between countries for imports