Forecast: Sheepmeat Production in South Africa

South African sheepmeat production has shown fluctuations over the past decade. After experiencing significant growth from 2013 to 2015, production saw declines between 2016 and 2019. A notable rebound occurred in 2020, followed by modest yet consistent incremental increases through 2023. In 2023, production stood at 184.9 Thousand Metric Tons. The overall CAGR for the past five years was 1.61%, indicating a gradual growth trend, albeit slower compared to earlier years. The forecasted data for 2024-2028 predicts a steady growth with a CAGR of 1.21%, signaling a stable but slow increase over this period. Future trends to monitor include potential impacts of climate change on grazing conditions, shifts in consumer demand, and developments in sheep farming technologies and practices.

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