South Africa: Poultry and Products Annual
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. Imports will continue to decline as anti-dumping duties applied are to nearly every major supplier of bone-in product. Chicken meat consumption will increase by one percent in 2024 as a result of the high cost driven by tight supply. Despite a growing population and a strong preference for this protein, household consumption continues to be limited by affordability. Post forecasts three percent growth in export volumes due to strong demand from trading partners in Southern Africa.