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The production of apples, pears and table grapes is estimated to decrease slightly in the 2022/23 Marketing Year (MY), based largely on stagnated production area and a return to normal yields following record production for all three commodities.
Ethiopia is Africa’s largest coffee producer and the world’s fifth largest exporter of Arabica coffee. Coffee is Ethiopia’s number one source of export revenue generating about 30-35 percent of the country’s total export earnings.
The Federal Executive Council approved the extension of the National Sugar Master Plan (NSMP) by 10 years (2023-2033). NSMP is an effort of the Government of Nigeria to ensure self-sufficiency in local sugar production.
Kenya’s marketing year (MY) 2023/24 coffee production is forecast to increase 6.7 percent to 800,000 bags due to a recovery from drought conditions and higher fertilizer application.
South Africa’s food inflation rate surged to a 14-year high in March 2023, a departure from global easing of food prices.
Post forecasts MY2023/24 palm oil production up by 20 percent over the current marketing year’s estimate. Total domestic consumption is forecast marginally up, imports are expected to drop by 14 percent due to increased domestic production, but exports are forecast significantly up compared to the current marketing year’s estimate.
The South African Agricultural Economic Fact Sheet has been updated to include calendar year 2022.
Ghana’s economic growth was significantly impacted by the COVID-19 pandemic and the war in Ukraine. Following the pandemic-induced slowdown, economic recovery was expected to grow in 2022 to 5.5 percent.
Post forecasts South Africa’s sugar cane crop will increase by 3 percent to 18.5 million metric tons (MT) in market year (MY) 2023/24 assuming a return to normal weather conditions, an improvement in yields, and industry efforts to increase production, especially for small-scale farmers.
Rice import for MY 2023/24 is forecast to increase by 4 percent as flooding curbs domestic production and increases imports.
Despite being one of the largest oil palm-producing countries, Nigeria relies on imports to bridge its supply gap. Private sector investors are expanding oil palm production and increasing processing capacity to take advantage of the prevailing strong domestic and international market demand and high prices.
As the global food and agricultural trade continues to integrate, Nigeria has formulated structures, strategies, laws, and food control systems, including regulatory authorities, to enhance public health, food safety, and international trade. The...