Key Market Indicators
South Africa's sheep imports are expected to reach around $47 million by 2026, up from $38 million in 2021, according to a recent report. This growth of 3.5% per year from 2015 is due to an 18.3% annual increase in demand. In 2021, South Africa took 9th place in the rankings, with Palestine overtaking them at $38 million. Qatar, Kuwait and Israel came in 2nd, 3rd and 4th place respectively. Exports of sheep in South Africa are projected to reach $4.2 million by 2026, up from $3.4 million in 2021, with a 3.5% annual growth rate. Since 2005, there has been a 14.6% annual increase in supply. In 2021, South Africa placed 16th in the rankings, with Serbia coming in at $3.4 million. Spain, Australia and Jordan came in 2nd, 3rd and 4th place respectively.
