Chicken prices may spike by up to 32% due to tariff increases, says importers

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Chicken prices may spike by up to 32% due to tariff increases, says importers
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Chicken importers say a tariff increase will hike chicken prices by 32%

The Emerging Black Importers and Exporters SA and the SA National Consumer Union have accused local industry for protectionismIncreasing tariffs on imported poultry products could hike chicken prices by up to 32%, says consumer bodies and importers and exporters organisation.

“Their rationale is that imports are damaging the local industry, but EBieSA believes they are simply seeking to protect their profits to the detriment of consumers and emerging black importers,” EBieSA, which represents 105 black businesses, said. “This is not true. In 2018, some local producers posted bumper profits of more than R1.4bn for the year. This perception is being created in order to drive further protection for local producers, in an already concentrated and untransformed market,” Speirs said.

“Both imports and exports create valuable jobs and revenue, yet local producers continue to ignore export opportunities. For example, the EU has opened up its borders to our chicken at 0% duty and we could be selling our chicken breasts in the US. Why is the local industry not doing it?” Mchunu questioned. .

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