Windhoek, Namibia – Namibia is set for a relatively calm year in terms of poultry prices, with a modest 1% increase projected. The stability is attributed to a stronger South African rand and increased poultry production from major global suppliers like Brazil.
Dr. Marlene Louw, Senior Economist at Absa AgriBusiness, noted that previous disease outbreaks, such as Avian Influenza, had significantly disrupted global poultry supply chains, driving prices up. However, Namibia’s recent decision to lift a ban on poultry and bird imports from South Africa has helped alleviate some of these pressures.
“The ban on South African poultry imports had a significant impact on our local market,” said Dr. Louw. “While local producers stepped up to meet domestic demand, the reopening of trade with South Africa has provided a much-needed boost to supply.”
Namibia Poultry Industries (NPI), the country’s largest poultry producer, has encouraged local farmers to view the situation as an opportunity to strengthen Namibia’s self-sufficiency in poultry production.
“We believe that Namibia has the potential to become a major player in the regional poultry market,” said NPI spokesperson, John Smith. “By investing in our local industry, we can not only ensure food security but also create jobs and boost the economy.”
Despite the projected price stability, Namibia remains heavily reliant on poultry imports, particularly frozen bone-in chicken portions. Supply chain disruptions, such as the July 2023 outbreak of New Castle disease in Brazil, have highlighted the country’s vulnerability to global market fluctuations.
“Brazil is a critical player in the global poultry market,” said Dr. Louw. “Their exports have a significant impact on prices and availability.”
While there are ongoing discussions about reducing taxes on certain poultry products to improve affordability, Dr. Louw cautioned against unintended consequences.
“Lowering prices for one product could lead to shifts in consumer behaviour, potentially impacting the demand for other meat products,” she explained.
Namibia has also established itself as a significant exporter of poultry, with the Democratic Republic of the Congo, Zimbabwe, Zambia, and Botswana being the primary destinations. In 2022, the country exported US$43.4 million worth of poultry, demonstrating its growing role in the regional market.
