The cost of a UK Christmas dinner in 2020 will be up 7.2% year-on-year against a backdrop of higher prices for turkey, carrots and parsnips.
Mintec’s UK Christmas Dinner Price Index found Covid, Brexit uncertainty and weather disruptions had all contributed to higher prices for key ingredients.
Turkey prices averaged £3.10/kg in November 2020, up 10.3% year-on-year, as the volume of slaughtered birds dropped 64% to 600,000. This was blamed on Covid-related working restrictions and a shortage of foreign labour.
Pork prices fell 2.6% to £1.52/kg as demand diminished from the foodservice sector, despite high retail demand and strong exports to China.
Potato prices dropped 7% to 15p/kg, again due to lower foodservice demand, but carrots were up 35% to 49p/kg due to adverse weather. Parsnip prices rose 3% to £1/kg due to higher consumption, with suggestions consumers had switched from carrots due to shortages.
The cost of Yorkshire pudding ingredients fell 0.5%, as lower milk and egg prices counterbalanced higher wheat prices, while the cost of Christmas pudding ingredients dropped 17.9%. Almond prices plummeted due to a bumper harvest in California and sultana prices fell in part due to a weak Turkish lira.
For the first time Mintec has produced a Plant-Based Christmas Dinner Index, which was up 1% year-on-year in November, in part due to a 5.4% increase in prices for pea protein between March and July 2020 to £5.18/kg.
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