Market intelligence – BFAP https://www.bfap.co.za Data Driven Insight Wed, 01 Mar 2023 10:36:57 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://www.bfap.co.za/wp-content/uploads/2022/11/cropped-BFAP_icon-32x32.png Market intelligence – BFAP https://www.bfap.co.za 32 32 Maize Trade Policies in Zambia: Options for Growth https://www.bfap.co.za/maize-trade-policies-in-zambia-options-for-growth/ https://www.bfap.co.za/maize-trade-policies-in-zambia-options-for-growth/#respond Wed, 19 Oct 2022 16:58:44 +0000 https://www.bfap.co.za/?p=1995 Maize Trade Policies in Zambia: Options for Growth Read More »

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The Government of the Republic of Zambia has committed to transforming the economy to support economic growth and facilitate job creation. Central to the transformation agenda is a commitment to open trade regime for agricultural exports and imports.

This collaboration between researchers from the World Bank, BFAP and IAPRI demonstrates and quantifies Zambia’s potential gains from a full commitment to open trade over the coming decade in the event that yield volatility is similar to that experienced over the past decade. The current uncertainty facing global food markets could further increase the cost of such domestic policy distortions, whereas commitment to free trade has immense potential to accelerate growth in the sector.

Click here to access the publication.

]]> https://www.bfap.co.za/maize-trade-policies-in-zambia-options-for-growth/feed/ 0 Perspectives on Agriculture’s GDP performance in Q1 2022 https://www.bfap.co.za/perspectives-on-agricultures-gdp-performance-in-q1-2022/ https://www.bfap.co.za/perspectives-on-agricultures-gdp-performance-in-q1-2022/#respond Tue, 14 Jun 2022 10:21:41 +0000 https://www.bfap.co.za/?p=2340 Perspectives on Agriculture’s GDP performance in Q1 2022 Read More »

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YIn the first quarter of 2022, the agricultural sector grew by 0.8% quarter on quarter and 3.6% year on year. While high prices resulting from international market dynamics are supporting revenue, sharp cost increases are constraining profits.

For the full year 2022, BFAP expects positive growth in the sector, but the rate of growth is expected to slow drastically compared to the past 2 years – mostly as a result of spiralling costs and ongoing challenges in ports that are detrimental to export performance.

Find the brief here.

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