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Last year, the price of food products in the world rose to record heights.

Last year, the price of food products in the world rose to record heights.

the price of food products in the world

Average global food prices in 2022 were 14.3% higher than in 2021. The FAO food price index rose to its maximum since the beginning of the calculation in 1990 – 143.7 points, according to the UN Food and Agriculture Organization. At the same time, it is noted that the index has been declining for nine months in a row and fell by 1.9% to 132.4 points in December. It was 1% lower in December than in the same month of 2021. In December, the oil price index fell by 6.7% compared to November and reached the lowest level since February 2021. The price index for grain decreased by 1.9% and meat by 1.2%. The dairy price index rose 1.2% in December after five months of decline. The sugar price index also rose by 2.4% compared to November.

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