Tridge summary
A workshop by the National Agricultural Marketing Council discussed the international trade trends and climate issues affecting South Africa's fresh produce sector, with an emphasis on trade restrictions affecting food exports. Africa continues to be a major buyer of South African vegetable exports, making up two-thirds in 2022, while the European Union accounted for 22% of these exports. The EU's Green Deal and logistical issues in its processing sector present short-term opportunities for South African produce. However, South African vegetable producers face challenges such as rising fertilizer costs and the need to adapt to the EU's nitrogen reduction policies. The workshop underscored the potential of bilateral trade agreements with countries like China, Japan, and Vietnam to expand the reach of South African fresh produce.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The National Agricultural Marketing Council hosted a workshop on South Africa's fresh produce chain today in which economist Thabile Nkunjana provided an overview of recent broad trends in international trade and its impact on South African fresh produce. The fresh produce sector has been at the mercy of international turbulence and climate-related problems, made more complex by recent trade restrictions."As of March 13, 2023, at least 22 countries have implemented 26 export bans on certain food, ten countries had implemented 14 export limitation measures, affecting specifically onions, potatoes, fruit, and other processed food," he noted.State of EU energy influences veg tradeAfrica remains the largest buyer of South Africa's vegetable exports, taking almost two-thirds (64%) of vegetables – dominated by onions and potatoes – in 2022.Asia and the Middle East accounted for 10% of South Africa's vegetable exports, while the share of the European Union is a significant 22%."The ...
Source: Hortidaily
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