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Average retail price for prime rib roast in Canada 2015-2020

The average retail price for one-kilogram prime rib roast was 33.23 Canadian dollars in April 2020 in Canada. Prime rib roast is a relatively expensive option when compared to other cuts of beef, such as ground beef, which retailed at a price of 11.95 Canadian dollars per kilogram in April 2020.

What is prime rib?

Also known as a standing rib roast, prime rib is cut from the primal rib section of the animal and can be bought with or without the bone for home-cooking. Prime rib can be a popular choice for a dinner party due to its high quality and generally large size.

Canadian beef market

The volume of beef produced in Canada has gradually increased over the past five years, reaching around 1.17 million metric tons in 2017. The majority of beef cows can be found in Alberta; there where around 1.51 million on Albertan farms as of January 2019. A fair share of beef produced in Canada is then exported: in 2017 around 451,890 metric tons were shipped around the world.

Average retail price for prime rib roast in Canada from January 2015 to April 2020

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Source

Release date

June 2020

Region

Canada

Survey time period

January 2015 to April 2020

Supplementary notes

Statistics Canada collects prices for food, household supply and personal care items from food supermarkets and drugstores, prices for cigarettes from supermarkets, department stores, drug stores and tobacco shops, and prices for regular, unleaded gasoline from gas stations.

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Statistics on "Beef market in Canada"

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