Absa AgriTrends 2022

Export value share of South African fruit products Table grapes and citrus account for almost 2/3 of fruit exports in value terms

4,0%

Other nuts Berries Stone fruit

3,7% 0,3% 5,3% 9,4%

Bananas

Dates, figs, avos, guavas and mangoes

42,2%

Citrus

19,1%

Grapes

15,8%

Pome fruit

Figure 1.2

Source: Trademap, 2021

Our second focus area, covered in section 2 deals with local factors and issues such as pressures on consumers’ disposable income, the widespread prevalence of foot and mouth disease (FMD), and high input costs. Here we draw heavily on the information used in our weekly reports and short-term outlooks for grains, oilseeds, and livestock. We relate it to longer-term views for these sectors, with a specific focus on the summer rainfall areas given the seasonal timing. The third focus area deals with climate change and the broader ESG issues that are gaining increased policy and

commercial importance. This is likely to shape the way business is conducted in the future and, as a result, we’ve attempt- ed to unpack the issues that could have bearing on South African agriculture. Our last focus area is a collaborative effort between Absa AgriBusiness and the Bureau for Economic Research (BER) at the University of Stellenbosch. It deals with oil price movements over the coming years. Given the strong link between agricultural input costs and energy markets, we deem this an important sector to keep track of in the months and years to come.

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