NAMIBIA – Namibia’s beef exports have recorded a robust performance, with Europe continuing to be the dominant destination, accounting for 79.6% of the total 640,650 kilograms exported in January.

According to the Simonis Storm Securities Agri monthly report, the livestock marketing sector in Namibia experienced an uptick, marked by positive developments in various segments.

In January, a total of 66,897 heads of livestock were sold, demonstrating a  rise from the 53,804 recorded in the same month last year.

The cattle industry witnessed substantial growth, with cattle marketing increasing to 20,398 heads in January 2024, up from 12,659 heads in December 2023.

 This surge was attributed to increased exports of weaners to South Africa, driven by anticipated improvements in grain harvests that would enhance feeding margins.

While cattle led the growth, other livestock sectors also saw positive developments. Goat marketing increased to 6,596 goats in January 2024, compared to 5,554 during the same period in 2023.

The pig industry experienced a 13.6% growth, with 4,306 pigs sold through approved abattoirs, up from 3,791 pigs in January 2023. Sheep remained dominant in the market, with 35,597 sold in January.

Europe maintained its position as the top export destination, but other regions are gaining significance.

African nations, led by South Africa, imported around 105,716 kilograms, constituting 16.5% of the total exports. China also played a notable role, accounting for 25,122 kilograms of Namibian beef exports.

In addition to livestock, fish exports continued to be a key contributor to Namibia’s trade surplus. Primarily directed towards Spain, Zambia, and Mozambique, fish exports generated a surplus of N$1.1 billion in December 2023.

The trend persisted, with domestic fish exports witnessing a 15.2% year-on-year increase in December 2023.

The Namibian Agronomic Board (NAB) decided in January 2024, restricting imports of most special controlled products, except for washed potatoes and lettuce.

This decision was driven by an adequate domestic supply of these specific vegetables, as indicated by the average retail prices.

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