RED MEAT, DATES AND TOMATOES ARE ALL EXPERIENCING SIGNIFICANT PRICE INCREASES IN KUWAIT

  • 04/04/2022

Kuwait City: On the first day of the blessed month of Ramadan, the markets saw a shopping frenzy as there was an unexpected demand for dates, beef, chicken, and Ramadan supplies at cooperative societies and commercial marketplaces. Despite official pledges that costs would be limited, consumers complained about a considerable spike in the pricing of green vegetables, which climbed by more than 76% compared to just before Ramadan.


A box of local tomatoes was offered for between 3.2 and 3.5 dinars at Al-Forda market, following its price ranged between 1.5 and 2 dinars the previous week, as was the situation for several other vegetable goods such as eggplant and imported peppers. 

Meanwhile, supermarkets, meat, dates, and wholesale markets in the Shuwaikh area, as well as a number of cooperative societies, reported high demand for red meat, dates, and canned products on Ramadan's first day. As the value of Arab meat declined dramatically, whether slaughtered locally or arriving refrigerated from overseas, it was apparent that there was a decrease in the price of meat in the face of fierce competition and a plentiful supply of products. 

The price of grouper (hamour) fish ranged from 4 to 6 dinars per kilo, while Al-Nuwaibi was two dinars per kg. Due to a large increase in pricing compared to last year's supply, the dates market in the Shuwaikh region saw an active movement of consumers. Some types of dates saw a 25% increase in price from the previous period till last Ramadan, with the price of a kilo for some sorts rising to 7 dinars. 

A kilo of local dates cost 2 dinars, jumbo medjool 7 dinars, Medina pressed-dates 5 dinars, and Safawi and Mabroum 4 dinars. Khodari dates had the lowest price, ranging between 1,500 and 1,750 fils. Meanwhile, authorities have increased market inspection activities in order to punish individuals guilty for the false price increases. Other steps attempted include unifying cooperative society prices, providing more Ramadan goods, and prioritising local produce in the market.

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