NAMIBIA remains a net food importer, which will keep the country vulnerable to changes in world food prices and exchange rate risks.
However, according to an analysis by Simonis Storm, the livestock and fisheries sub-sectors are expected to support the country’s growth in 2022.
During the first half of 2022, the marketing of cattle increased by 20.3%, the marketing of sheep increased by 39.8%, the marketing of goats increased by 8.5%, but the marketing of pigs fell 52.1% compared to the same period last year.
“Beef exports have spurred the growth of livestock marketing as local producers have responded to higher prices offered by licensed export slaughterhouses. Local pork production only met 47% of the local market demand, which increased the need for imports,” Simonis said, citing the latest figures from the Namibian Statistics Agency’s first quarter 2022 agricultural bulletin. statistics.
Analysts said that due to price discrepancies, local sheep producers sent around 73% of their sheep to South Africa, where they fetched higher prices.
Slaughterhouses in the Northern Cape paid N$6.84/kg more than local slaughterhouses in Namibia, according to the Meat Board. Beef exports increased by 97.5% in the first half of 2022, compared to the same period last year.
The Katima Mulilo export slaughterhouse resumed operations in the second quarter of 2022 and facilitated exports to Angola, Ghana and Tanzania.
This has given farmers in the northern communal areas, who have always complained about the lack of lucrative markets for their livestock compared to farmers south of the red line, a lifeline.
Although fish landings fell by 16.1% year-on-year in the first quarter of 2022, inflationary effects and the weak exchange rate of the rand allowed export earnings to increase by 6.9% year-on-year annual in the first quarter of 2022 for fish fillet. , frozen fish, shellfish.
Overall, sector growth appears to be positive. Since the beginning of the year, fish landings have also been positive for hake, monkfish and horse mackerel companies.
Another opportunity currently being exploited by the local fishing industry is to take advantage of disruptions in the global supply chain. European countries are exploring alternative options for processing fish due to supply chain disruptions in China.
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