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- (-) April 2021
- (-) South Africa
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On March 16, 2021, the International Trade Administration Commission (ITAC) announced plans to review the tariff structure of poultry.
South Africa’s well-developed food processing sector has been under pressure since the March 2020 national lockdown due to COVID-19, which imposed many restrictions on the food industry.
Post forecasts that the South African sugar cane crop will increase by 3 percent to 18.8 million Metric Tons (MT) in the 2021/22 MY, based on normal weather conditions, improvements in yields, and marginal increases in area planted.
With sugar production zones recovering from the drought that affected the country in the past years, Post forecasts an increase in sugar production to 610,000 metric tons (MT) during Marketing Year (MY) 2021/2022 (October/September).
Post predicts that South Africa’s positive trend in soybean plantings will continue in the 2021/22 MY in line increased local crushing capacity.
Wheat consumption in the Dominican Republic (DR) during Marketing Year (MY) 2021/2022 (July 2021/ June 2022) is forecast at 455,000 metric tons (MT), with imports at 590,000 MT.
As of September 2020, the Dominican Republic’s food processing industry was valued at $2.5 billion, with an additional $0.7 billion for processed beverages and other products during the same period.