Cape Town - South Africa is facing stiff maize export competition, warns Wandile Sihlobo, head of economic and agribusiness intelligence at the Agricultural Business Chamber (Agbiz).
"This is likely to be a challenging year for South Africa’s white maize producers due to lower global demand. Meanwhile, yellow maize could potentially see a better uptake in the global markets," says Sihlobo.
He already raised concern in March this year, emphasising the need for South Africa’s maize industry to penetrate new maize export markets, particularly outside the continent. Sihlobo's research identified Japan, Taiwan, the United Arab Emirates, Thailand and Zimbabwe as key and attractive markets South Africa should prioritise to increase its export share in the short to medium term.