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News Food prices

Huge differences in EU food prices

25 August 2020 - Erik Colenbrander - 2 comments

There are major differences in food prices within the European Union. On average, meat in Austria costs almost twice as much as in neighboring Hungary. Romanian consumers pay the least for meat in the EU, according to figures from the European statistical office Eurostat.

Outside the European Union, the differences are even greater. In Norway, Iceland and Switzerland, food is much more expensive than the average in the European Union.

Romania dirt cheap
If the European average is indexed at 100%, consisting of 37 countries within and outside the European Union (including Turkey), the average meat price in Switzerland is 234%. Austria has a meat price of 145% compared to the average, while its Hungarian neighbors pay on average 25% less for meat than the average European consumer. The Balkan countries and Turkey have indices between 60-70%.

Romania scores very low food prices across the board (65%). Lower than non-EU countries such as Turkey and Serbia. Only in North Macedonia (not an EU country) is food even cheaper (60%, compared to the European average). In Poland, dairy is the cheapest (69,9%). Romanians pay on average only 53,4% ​​of the European average for bread, while the Danes pay 150,5%.  

Netherlands average
Food is therefore the most expensive in the European Union in Denmark (128,9%), followed by Luxembourg (125,4%) and Austria (125,1%). In the list of major European countries, France has much higher food prices (116%) than the United Kingdom (ex EU), where consumers spend 7,6% less on food than the European average. Germany scores an index of 101,4% and the Netherlands 102,4%.

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Comments
2 comments
hans 25 August 2020
This is in response to it Boerenbusiness article:
[url = https: // www.boerenbusiness.nl/financieel/ artikel/10888908/enorme-different-in-eu-foodprices]Huge differences in EU food prices[/url]
Consider the income differences between the countries, and you will see that in the countries with the cheapest food, people spend relatively most of their money on food.

And although the raw materials for food, the farm products, are delivered at world market prices, almost everywhere the same, it is clear that the much higher consumer prices for food in rich western countries provide mega profits for processors and distribution centers.
johnny 25 August 2020
the citizens pay enough for our products The farmers get too little, but the middlemen and retailers walk away with the profit.
eg 88 cents or more for a kilo of potatoes and the grower????
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