South Africa: South African Beef Imports Expected to Remain Flat in 2018
Post estimates that South African beef imports will remain relatively flat at about 45,000 tons in 2018. Since emerging from the drought of the 2015/16 season, South Africa has been in the herd rebuilding phase. As a result, the domestic supply of beef declined in 2017. However, soft demand for beef has suppressed the growth of imports. In 2017, the United States exported beef and beef products to South Africa worth about $10.4 million, a substantial increase of almost 300 percent from 2016. However, due to the relatively weak consumer demand, U.S. exports are not expected to increase substantially in 2018.
South Africa: South African Beef Imports Expected to Remain Flat in 2018