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How much is 1kg of beef? Today’s beef prices

How much is 1kg of beef? Today's beef prices

How much is 1kg of beef today? This is a common question among consumers looking to buy fresh, quality beef at reasonable prices. In this article, let Kamereo provide you with an updated price list and useful information to help you choose and purchase beef effectively.


📖 This article is part of the TODAY’S MARKET PRICE NEWSLETTER series
A series providing detailed and updated information about the prices of various market items.

Overview of the beef market in Vietnam

The beef market in Vietnam is becoming increasingly dynamic due to rising consumer demand and diversified supply sources. Beef is not only a nutritious food favored in family meals but also an essential ingredient in restaurants, eateries, and F&B chains. To better understand this market, let’s explore consumption demand, supply sources, and factors influencing today’s beef prices.

Beef consumption demand in the Vietnamese market

In recent years, beef consumption among Vietnamese people has risen significantly. Beef is recognized as a rich source of protein, iron, and essential nutrients suitable for all ages. Economic growth and improved living standards have made beef a popular choice in daily meals and festive occasions.

Vietnamese people's demand for beef has increased sharply in recent years
Vietnamese people’s demand for beef has increased sharply in recent years

Domestic and imported beef supply

Currently, Vietnam’s beef supply comes from two main sources: domestic farming and imports. However, local beef production still does not fully meet market demand. To bridge this gap, Vietnam imports beef from countries such as Australia, the US, Canada, and Japan. Imported beef is often of high quality and comes in various types such as fresh Australian beef, frozen US beef, and Wagyu.

Key factors affecting beef prices

Today’s beef prices in Vietnam fluctuate due to several factors:

  • Supply and demand: Prices typically rise during Tet and festive seasons due to increased demand.
  • Farming and transportation costs: Feed prices, housing, and logistics directly impact product pricing.
  • Foreign exchange rates: Imported beef prices are affected by USD and other currency exchange rates.
  • Trade and tariff policies: Import regulations and tariffs by country also influence beef market prices.

Current domestic beef prices

Beef is a favorite among families and restaurants thanks to its delicious flavor and nutritional value. However, the question “how much is 1kg of beef?” remains a top concern due to the wide price range across types and sources. Here’s an updated price list for today:

How much is beef per kilo today?
How much is beef per kilo today?

Prices of common beef cuts

Currently, local beef prices range from 220,000 to 350,000 VND/kg, depending on cut and quality:

  • Beef shank: Popular for its natural chewiness, ideal for boiling, stewing, and salads. Price: 270,000 – 320,000 VND/kg.
  • Tenderloin: Lean, soft, perfect for steak and hotpot. Vietnamese tenderloin: ~300,000 – 350,000 VND/kg.
  • Brisket: ~259,000 – 309,000 VND/kg.
  • Beef tendon: ~209,000 – 259,000 VND/kg.

Imported beef prices

Imported beef is increasingly favored by Vietnamese consumers for its consistent quality and variety. Prices vary by origin and cut:

  • Australian beef: 250,000 – 400,000 VND/kg
  • US beef: 350,000 – 700,000 VND/kg
  • Beef from Canada, Japan, others: 400,000 – 900,000 VND/kg

Australian beef prices

Australian beef is known for its tenderness and flavor thanks to high-standard farming practices. Cuts like tenderloin, sirloin, and ribs range from 250,000 to 400,000 VND/kg depending on freshness and part.

US beef prices

US beef is highly rated for its premium quality and marbling, ideal for grilling, steaks, and hotpots. 1kg of US beef costs between 350,000 and 700,000 VND depending on cut (ribs, tenderloin, chuck).

American beef with impressive appearance
American beef with impressive appearance

Prices of beef from other countries

Vietnam also imports beef from Canada, Japan, and some European countries. Japanese Wagyu, known as the “king of beef,” offers top-tier quality at 800,000 – 900,000 VND/kg. Meanwhile, Canadian and European beef ranges from 400,000 to 600,000 VND/kg.

Comparison of domestic vs. imported beef prices

Let’s explore the price gap between domestic and imported beef and understand the reasons behind it.

Price differences

  • Domestic beef: 220,000 – 350,000 VND/kg
  • Imported beef: 250,000 – 900,000 VND/kg

Reasons for the price gap

  • Farming quality: Imported beef often follows international standards; local farms are smaller-scale.
  • Logistics: Imported beef incurs shipping, cold storage, and customs costs.
  • Market segmentation: Imported beef targets premium customers, local beef serves the mid-range segment.
  • Limited domestic supply: Vietnam must import to meet rising demand.
Price difference between domestic beef and imported beef
Price difference between domestic beef and imported beef

Market trend forecast

Beef prices may continue to fluctuate due to rising farming costs, feed and logistics prices, and limited local supply. Meanwhile, demand continues to grow, especially during holidays. Imported beef prices may be affected by foreign exchange and global logistics. Consumers should choose products that match their budget and needs.

Where to buy quality beef in Hanoi and Ho Chi Minh City?

If you’re looking for a reliable wholesale source of fresh, high-quality beef at reasonable prices for restaurants or F&B businesses, Kamereo is a trusted choice. As a supplier of clean ingredients, Kamereo guarantees safe, traceable beef that meets large-scale demand. With nationwide coverage and fast delivery in Hanoi and Ho Chi Minh City, Kamereo helps you stay up to date with today’s beef prices.

Some beef products at Kamereo:

At Kamereo, cuts like beef shank, tenderloin, and imported beef from Australia and the US are competitively priced, helping customers answer the question “how much is 1kg of beef?” without worrying about quality. Contact Kamereo today for professional service and detailed quotations tailored to your business needs.

Kamereo - the address providing good quality beef at good prices nationwide
Kamereo – the address providing good quality beef at good prices nationwide

Conclusion

With diverse sources and fluctuating prices, keeping track of today’s beef prices helps you make smart purchasing decisions, especially for F&B businesses. Whether domestic or imported, quality remains key to great taste and customer satisfaction. Don’t forget to follow Kamereo’s F&B Business Tips section for more useful insights!

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Thùy Đỗ

Thùy Đỗ

Do Minh Thuy - SEO Content Writer at Kamereo is passionate about content creation and constantly seeks fresh perspectives. With an authentic, approachable writing style and a keen ability to delve deep into topics, Thuy has produced high-quality content on a wide range of subjects, from business to cuisine. Follow Minh Thuy to explore the vibrant world of information through every inspiring word she crafts!View Author posts