South Africa: South Africa Rises Wheat Import Duties while Wheat Area Drops

  |   Attaché Report (GAIN)   |   SF2024-0018
In July 2024, falling global wheat prices triggered a wheat import duty of Rand 176.30 (USD 9.70) per metric ton for South Africa ending more than three years of duty-free imports. The higher import duty was introduced amid a 7 percent drop in wheat planted area for marketing year 2024/25. This represents the smallest wheat area the past seven years in South Africa. Despite the increased duty, Post estimates South Africa’s wheat imports in marketing year 2024/25 should be maintained at about 2 million metric tons

Related Reports

Attaché Report (GAIN)

Paraguay: Grain and Feed Annual

Paraguay’s wheat exports inn marketing year (MY) 2025/26 are forecast at 550,000 metric tons (MT), edging up slightly from the previous year, supported by a modest expansion in planted area even as yields may decline marginally.
Attaché Report (GAIN)

Malaysia: Grain and Feed Annual

Malaysia relies on imports to satisfy local demand for grain commodities including rice, corn, and wheat.
Attaché Report (GAIN)

China: Cotton and Products Annual

Posts forecasts MY 25/26 cotton production at 6.35 million metric tons (MMT) on stable planted area and a return to normal weather conditions. Imports are forecast at 1.55 MMT and domestic consumption at 8.15 MMT.