South Africa: Poultry and Products Annual
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Post forecasts that chicken meat production will increase by two percent in 2023 as a result of economic recovery, normalization of feed costs, and increased investment by the industry due to anticipated high revenue from market year 2022. Chicken meat consumption is expected to increase by two percent in 2023 as consumers will look to chicken to meet protein demands with increasing price of other proteins like beef and lamb. Imports are forecast to increase by three percent in 2023 to meet local demand as global exportable supplies recover. Post forecasts that South Africa’s chicken meat exports for 2023 will increase by four percent as the animal health situation improves and demand from Southern African markets remains strong.
