Browse Data and Analysis

South Africa is one of the most advanced and varied economies in Africa, boasting a strong business sector and advanced distribution networks to major urban centers in the country and throughout the entire Southern African region.

Record orange juice prices are expected to escalate orange juice production as growers increase deliveries for processing. Growers are diverting oranges from the export market and local sales towards processing on favorable prices.

Post expects sugar cane production in MY 2024/25 to show modest growth on carry-over cane and slight increase in harvested area. Sugar production is forecast to improve on slight increase in cane deliveries. The sugar industry effected notional price hikes of white and brown sugar which translated to increases in retail prices of sugar.

Post forecasts that South Africa’s oilseed area will be maintained at elevated levels in marketing year 2024/25. South Africa’s summer rainfall oilseed crops in marketing year 2023/24 have been affected by an El Niño induced mid-summer drought, resulting in an expected major drop in crop volumes, creating an optimistic outlook for higher crop area in marketing year 2024/25.