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

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