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The impact of China’s economic slowdown and local logistics

China’s economic reemergence provided the expectation that a slowing global economy would reignite, creating upside price scope in agricultural and commodity markets. Structural issues have, however, caused this reignition to be underwhelming.

Road freight volumes have increased consistently over the past 16 years whilst rail volumes were stagnant.

Figure 5.1

Source: StatsSA, 2023

Looking ahead

The AgriTrends Spring Edition 2023 discusses export markets for avocados, citrus, blueberries, macadamias, and table grapes.

Take a deeper look into the future of agribusiness South Africa. View the full AgriTrends 2023 Report.