South Africa chicken meat production to increase by 2% in 2023
Chicken meat consumption expected to rise 2% as wellPost forecasts that chicken meat production will increase by 2% in 2023, According to a recent GAIN report from the US Department of Agriculture's Foreign Agricultural Service (USDA FAS). The rise in production is the result of economic recovery, normalisation 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 2% 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 3% 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 4% as the animal health situation improves and demand from Southern African markets remains strong.