The forecasted meat export volume in South Africa shows a consistent decline from 2024 to 2028. The volume decreases from 123.81 thousand metric tons in 2024 to 119.45 thousand metric tons in 2028. This represents a compound annual growth rate (CAGR) that is mildly negative, indicating a slight but steady reduction in meat exports over this five-year period.
Year-on-year variations include a 0.91% decrease from 2024 to 2025, a 0.90% drop from 2025 to 2026, a 0.89% decline from 2026 to 2027, and a 0.88% fall from 2027 to 2028.
In 2023, actual meat export volume stood at 124.95 thousand metric tons, showing a more significant decline when considering the entire historic data trend. It's vital to keep an eye on factors such as policy changes, environmental impacts, and global demand fluctuations which may affect future trends in meat exports from South Africa.
