South Africa Agribusiness Report - Business Monitor International - Industry Reports

South Africa Agribusiness Report

South Africa Agribusiness Report - Business Monitor International - Industry Reports
South Africa Agribusiness Report
Published Aug 06, 2016
67 pages — Published Aug 06, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

BMI View: We continue to maintain our mixed outlook for the South African agricultural market as a whole in our latest Q- ---- report update. We believe that both corn and wheat, crucial grain sectors of the country, took severe losses due to the El Nino-related drought. ...Over the medium term, a weak rand, weather volatility and falling farm incomes will exert downward pressures on the market. We view South Africa as a generally lucrative market with strong economic growth, rising incomes, a solid population base and growing discretionary spending powers coupled with rising per capita private final consumption levels. Our production and consumption forecasts are predicated upon higher food consumption and a growing national appetite for meats and confectionaries among other commodities. We do believe that the market will track upwards but caution that weather volatility and currency weakness remain persistent features, especially as South Africa must import a variety of foodstuffs to feed domestic demand.

...The agribusiness sector in South Africa is vitally important to national well-being, employing about -- of the working population. Deregulating the market has enabled the growth of a strong, nearly self-sufficient and globally competitive industry. ...Deregulating the market has enabled the growth of a strong, nearly self-sufficient and globally competitive industry. There is wide variety of output owing to a great diversity of climate and topography, ranging from Mediterranean-style (winter rainfall) in the southern part of Western Cape to semi-dry grasslands in the central highlands, to subtropical areas. Rising disposable incomes and changing consumer habits have helped to fuel domestic growth. ...Rising disposable incomes and changing consumer habits have helped to fuel domestic growth. Huge sums have been invested in the Proudly South African food campaign, which is designed to encourage consumers to buy domestically grown and produced goods and advertise their quality.

...Export opportunities to the EU are expected to increase significantly, as the country has benefited from duty-free access to the EU since ----. South African sugar producers are considerably more cost-competitive than their EU counterparts, providing potential export opportunities. ...

  
Source:
Document ID
1759-1694
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "South Africa Agribusiness Report" Aug 06, 2016. Alacra Store. Dec 04, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/South-Africa-Agribusiness-Report-2026-596>
  
APA:
Business Monitor International - Industry Reports. (2016). South Africa Agribusiness Report Aug 06, 2016. New York, NY: Alacra Store. Retrieved Dec 04, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/South-Africa-Agribusiness-Report-2026-596>
  
US$ 1,295.00
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