"Chobok Is Just Around the Corner... Even Eating a Bowl of Samgyetang Feels Daunting" Soaring Food Prices at the Table

Price Increase of Chicken, Duck, and Abalone
Sam-bok: Chobok on July 16, Jungbok on July 26, Malbok on August 15, Gwangbokjeol

As food prices soar in this era of high inflation, chicken prices have also risen ahead of Chobok, making a bowl of Samgyetang more burdensome.

[Asia Economy Intern Reporter Kim Nayeon] As the first heat of summer approaches, the price of food on the table has soared, making even a bowl of Samgyetang burdensome due to the rising price of chicken.

According to Livestock Distribution Information on the 10th, the wholesale price of chicken per kilogram was 3,901 won as of the 8th, up 27.3% from 3,065 won last year. The average monthly wholesale price last month was 3,477 won per kilogram, a 48.6% increase compared to 2,340 won last year.

The rise in chicken prices is analyzed to be due to the increase in feed prices caused by the aftermath of the Ukraine war and a decrease in slaughter volume in the first half of this year.

With the increase in chicken prices, the price of Samgyetang also rose. According to the Korea Consumer Agency's comprehensive price information portal "Chamgagyeok," the average price of a bowl of Samgyetang in Seoul last month was 14,885 won, up 5.7% from 14,077 won in the same month last year.

Prices of another food ingredient, duck, also increased. As of the 8th, the average wholesale price per kilogram of duck (sizes 20~26) was 4,659 won, up 11.5% compared to 4,177 won last year.

This content was produced with the assistance of AI translation services.