The growth of lamb exports in Dagestan raised meat prices

One of the main factors influencing prices for lamb was the decrease in its supply on the domestic market. The increase in lamb exports to neighboring countries in the Caspian region has led to a shortage of goods on the domestic market, which in turn increased competition and raised prices. Consumers in Dagestan began to face higher MEAT prices than before.

In addition, the weakening of the ruble played a role in rising meat prices. The increase in producers' costs for transport and fuel caused an increase in the cost of production and, accordingly, prices for meat products.

An important factor contributing to the rise in prices was the increased demand for meat from tourists. Dagestan is a popular tourist destination, attracting many visitors for its beautiful natural landscapes and cultural heritage. The growing flow of tourists has increased demand for meat products, allowing producers to raise prices to offset rising costs.

In October 2023, inflation in Dagestan reached 8.52%, exceeding the indicators of the North Caucasus Federal District (7.8%) and RUSSIA as a whole (6.69%). Food products have become especially expensive , including meat, prices for which increased by 8.89% over the year. This indicates a significant impact of the growth in lamb exports on overall inflation in the region.

In general, the increase in lamb exports from Dagestan and the increase in meat prices on the domestic market are the result of several factors: a decrease in market supply due to exports, a weakening of the ruble exchange rate and increased demand from tourists. These trends may have an impact on meat consumption in the region and require attention from producers and government to ensure price stability and availability of meat products for the population.