Monday, March 8, 2021
  • Home
  • News
  • Agribusiness
  • Markets
  • Machinery
  • Technology
  • Livestock
  • Poultry
  • Fisheries
  • Fruits
  • Climate Change
No Result
View All Result
No Result
View All Result
No Result
View All Result

Cutting chicken imports could spark large increases for consumers’ accounts

Mthokozisi by Mthokozisi
August 13, 2019
in Agribusiness, Markets, Poultry
0

The Association of Meat Importers and Exporters (AMIE) into the South African chicken industry, a decision to implement massive tariff increases of up to 82% on chicken imported from non-EU and SADC countries, could see shortages occurring in local markets which domestic producers may not be able to meet.
The South African Poultry Association, which represents many of South Africa’s large poultry producers, has applied for tariff increases against imports that range from 12% to 37%, to a flat 82% to be introduced to protect local industry from imports.

AMIE says the research it commissioned, from FTI Consulting, shows that significant tariff increases in an industry which is already highly protected would result in chicken volumes available locally potentially dropping by more than 44,650 tons (based on conservative assumptions) if current proposals are accepted.

The drop in volumes will result in higher prices and an estimated loss in GDP of R1.1bn in the first year following an increase in tariffs. This will be accompanied by rising unemployment, which will cause a further drop in domestic consumption and investment.

Also, due to job losses resulting from elsewhere in the value chain (e.g. distribution or processing of meat), the proposed tariff increase will lead to potential job losses of 1,440 across the economy. These results are in line with several recent studies on increased trade protection in the US, Indonesia and Mercosur countries, which estimated a negative impact on these countries’ GDP, household consumption, and employment.

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)

Related

Previous Post

Global food prices slide marginally in July

Next Post

Sunbird Bioenergy Zambia will be recruiting an initial 5,000 out-grower cassava farmers in Kawambwa district this year.

Mthokozisi

Mthokozisi

Related Posts

RAISIN PRODUCTION LEADER OSMAN AKÇA A.Ş. IS THE FIRST  IN TURKEY TO OWN THE NEW TOMRA 5C SORTING MACHINE
Agribusiness

RAISIN PRODUCTION LEADER OSMAN AKÇA A.Ş. IS THE FIRST IN TURKEY TO OWN THE NEW TOMRA 5C SORTING MACHINE

by Mthokozisi
March 2, 2021
0

Since starting in the 1970s, Osman Akça A.Ş. has continually expanded the volumes handled by its raisin processing business. Since...

Read more
Senegal lifts ban on peanuts export

Senegal lifts ban on peanuts export

January 6, 2021
Poultry farmers blame hikes in prices of chicken on high cost of feed

Poultry farmers blame hikes in prices of chicken on high cost of feed

January 6, 2021
Accurate registration of weight and quality – a top priority in poultry processing

Accurate registration of weight and quality – a top priority in poultry processing

January 6, 2021
Tanzania: New Tech to Determine Chicken Weight to Benefit Farmers

Tanzania: New Tech to Determine Chicken Weight to Benefit Farmers

January 6, 2021
Taliri comes up with new tech to determine chicken body weight

Taliri comes up with new tech to determine chicken body weight

January 6, 2021
Next Post

Sunbird Bioenergy Zambia will be recruiting an initial 5,000 out-grower cassava farmers in Kawambwa district this year.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Download Our latest Issue

Like Us On Facebook

Facebook Pagelike Widget

Follow Us on Twitter

Tweets by @@Agribiz_SADC

RSS MORE NEWS

  • Team Europe partners with Equity Bank to support Kenyan business and agriculture amid COVID-19
    Download logoThe European Union and the European Investment Bank, working together as Team Europe, are providing EUR 120 million (KES 15.8 billion) of new support for Equity Bank to enhance financing to Kenyan companies most impacted by the COVID-19 crisis. The financing package will support access to finance at appropriate conditions for Kenyan SMEs, including […]
  • FAO organized a workshop in Ouagadougou “AgrInvest - Enabling inclusive and efficient private sector investments in the Burkinabè agri-food systems”
    Download logoThe AgrInvest initiative of FAO aims at attracting private investments into agri-food systems aligned with the SDGs by leveraging public funds. Under AgrInvest, FAO is implementing the project “AgrInvest-Food Systems ” (AgrInvest-FS) to foster sustainable investments in agri-food systems in Burkina Faso, Ethiopia, Kenya, and Niger, which contribute to sustainable economic growth and boost rural […]
  • The African Development Bank: a strategic partner in developing resilience and sustainable energy in the Sahel region
    Download logoThe Sahel Alliance will hold its second general assembly in N'Djamena, Chad on Monday, 15 February 2021. The meeting will take place on the side-lines of a summit for the G5 Sahel countries— Burkina Faso, Mali, Mauritania, Niger, Chad—as well as France. The African Development Bank (www.AfDB.org) played an active role in the formation […]
  • R12.6 million in funding awarded to 17 of South Africa’s most promising Social Innovators
    [youtube https://www.youtube.com/watch?v=wITZdZL0pR0&w=854&h=480]Meat Naturally and Agricool Finance were awarded joint first place in the 10th Annual Social Innovation Awards, while Leafline Washable Sanitary Wear scooped first place in the Disability Empowerment Awards. All three winners were awarded R1.3 million in grant funding. A total amount of R12.6 million in grant funding and business development support was given […]
  • Joint communiqué on the critical desert locust situation and emergency response in Somalia
    On 3 February 2021, the Ministry of Agriculture and Irrigation, Federal Government of Somalia, Federal member state (FMS) ministers from Jubaland, Hirshabelle and South West States, and the Food and Agriculture Organization of the United Nations (FAO) held a meeting in Mogadishu to deliberate and agree on immediate actions to address the critical desert locust situation in the […]
Facebook Twitter

About Us

SADC AGRIBUSINESS MAGAZINE

Sadc Agribusiness Magazine is Southern Africa's premier farming magazine which provides news updates and analysis of topical issues affecng large scale farming to smallholder farmers, agri-preneurs, investors, community leaders, Agric ministries, who believe in the strong role of agriculture in economic development and poverty alleviation.

Recent Posts

  • RAISIN PRODUCTION LEADER OSMAN AKÇA A.Ş. IS THE FIRST IN TURKEY TO OWN THE NEW TOMRA 5C SORTING MACHINE
  • TOMRA Food launches Packhouse Academy, the fresh produce industry’s most comprehensive online learning resource
  • PERRY OPENS NEW OFFICE & TRAINING FACILITY IN UGANDA
  • VIRTO GROUP once again chooses TOMRA and renews the equipment at its main plant with eleven Nimbus BSI+ sorters
  • SKF South Africa secures local agri customer’s aftermarket business for combine header gathering chain

Weather

JOHANNESBURG WEATHER

© 2019 All Rights Reserved SADC Agribusiness Magazine

No Result
View All Result

© 2019 All Rights Reserved SADC Agribusiness Magazine

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In