Factors casing overly rise of price of meat animals in Hawassa City, Ethiopia

Ethiopia is one of a country which has largest cattle population in Africa and world. It has great potential to supply sufficient animals’ products for domestic and international markets; however, overly increase of meat price was causing people whose income per is low capital unable to procure meat. Hawassa city is victim with overprice of meat animals. It requires investigation why this city is facing with overprice of meat animals in one of the country that has largest cattle population in Africa and world. Thus this study aimed to assess factors that were causing overprice of meat animals in Hawassa city, Ethiopia. Quantitative and qualitative research approach was used. Hawasssa city was selected purposively considering its higher price index in 2016. Probability and convenient techniques were used to select 205 informants for self-administered questions and 10 for interviews. Data was analyzed by using SPSS version 20. It was carried out using descriptive statistics and regression analysis. . The major factors that were causing for overly rise of meat animals’ price in Hawassa market were overly request of profit, increase of living costs, increase of demand, increase of cost of production and shortage of supply. Therefore, arrangement of small enterprises around Hawassa city who can supply meat animals, any strategy to control overly request of profit from meat animals, minimize unnecessary involvement brokers and living cost of people are important areas to stable price in the city.