Browse Data and Analysis

Despite industry consolidation resulting in limited expansion, deciduous fruit production is expected to grow marginally as plantings come into production.

On October 25, 2023, the South African Department of Agriculture, Land Reform and Rural Development (DALRRD) announced that the ban on poultry imports from 27 US States have been lifted.

The African Growth and Opportunity Act (AGOA) which provides preferential market access to the United States is due for reauthorization in 2025.

South Africa is currently facing the worst outbreak of Highly Pathogenic Avian Influenza (HPAI) since 2017 with seven of the nine provinces in the country reporting outbreaks.

On, September 26, 2023, the Government of Indonesia (GOI) announced it will authorize the importation of an additional 2 million metric tons (MMT) of rice to offset rice production shortfalls and bring down rice prices. BULOG, a state-owned logistics company, reported its 2022/23 ending stocks risk falling below food security levels.

In 2022, the Indonesian foodservice industry was valued at $29 billion, an almost 30 percent increase from the previous year, making it the largest foodservice market in Southeast Asia.

Post forecasts South African raw sugar production at 2.17 million MT in MY 2023/24, up 9 percent from 2 million MT in MY 2022/23, based on an increase in the quantity of cane delivered to the mills and consistent milling efficiencies.

The introduction of E5 gasoline in July 2023 restarted Indonesia’s bioethanol consumption after years of inactivity, albeit to a modest start of an estimated 2 million liters for 2023 due to E5’s price premium in a price sensitive market.

The hotel, restaurant, and institutional (HRI) sector in South Africa is gradually beginning to recover from the COVID-19 pandemic, but challenges remain due to frequent power outages, known as load shedding, and rampant food price inflation.

South Africa's steady growth in poultry production is expected to continue in 2024 as an increasingly vertically integrated industry capitalizes on lower feed prices driven by strong maize and soy production.

Post estimates that South Africa will produce a record rapeseed (locally called canola) crop of 220,000 metric tons in marketing year 2023/24.

El-Nino weather patterns, which bring less rain than normal, are expected to peak in August to September 2023.