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FAO, price, food

FAO reports 4.3-point increase in food prices in 2025


United Nations, January 12 – The United Nations Food and Agriculture Organization (FAO) recorded a year-on-year increase of over 4 percent in the global food price index for 2025, a report indicates.

An analysis released by the press office of that international organization specifies that for the evaluated period, that index showed an average of 127.2 points, 4.3 percent higher than in 2024. This was due to global prices of vegetable oils and dairy products offsetting declines in the quotations for cereals and sugar.

During the past year, the cereal price index averaged 4.9 percent below its 2024 level, marking its third consecutive annual decline and the lowest average since 2020.

In the case of meat, throughout 2025 its index averaged 5.1 percent above its 2024 level, driven by strong global import demand, along with increased market uncertainty related to animal disease outbreaks and geopolitical tensions.

Dairy products also averaged, in that year, 13.2 percent above their 2024 level, driven by strong global import demand and a shortage of exportable supplies.

As for sugar, in 2025 the index averaged 17 percent below the previous year, marking its lowest annual value since 2020, in a context of ample export availability.

In the latest monthly analysis of the food price index, FAO experts considered that it declined in December compared to the previous month, despite an increase in global cereal quotations.

That indicator, which tracks the monthly variations in the international prices of a basket of food commodities traded globally, showed an average of 124.3 points in December, 0.6 percent less than in November and 2.3 percentage points below its level in the previous year.

According to analysts, this result was driven by decreases in the quotations for dairy products, meat, and vegetable oils, which more than offset increases in those for cereals and sugar, adds the source. (Text and Photo: Cubasí)


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