The mutton and goat meat production in South Africa has shown a declining trend from 2014 to 2023, with the value decreasing from 195.0 thousand metric tons in 2014 to 151.0 thousand metric tons in 2023. The year-on-year variations reveal several fluctuations, with notable declines in 2015 (-8.21%) and 2020 (-6.18%), and a small uptick in 2021 (+3.28%). Over the last five years, the CAGR was -1.4%, indicating an average annual decrease in production. As we project into the next five years, the production is expected to further decline, with a forecasted 5-year CAGR of -1.4%, culminating in a production value of approximately 138.36 thousand metric tons by 2028.
Future trends to watch for:
- The impact of climate change on livestock production and grazing lands.- Economic factors affecting livestock farming profitability.- Shifting dietary patterns and their influence on meat consumption.- Technological advancements in agricultural practices.- Policy changes and government interventions in the agriculture sector.