Norwegian quota advertised
The Meat Board of Namibia has started with the process to allocate the Norwegian quota for 2018 to appropriate export abattoirs.
Namibia is in possession of a 1 600-ton beef quota from Norway, which is allocated to suitable abattoirs annually.
The quota was allocated to Meatco and Brukkaros Meat this year, with the bulk of the quota going to Meatco.
Meatco received 1 400 tons and Brukkaros Meat Processors received 200 tons, respectively.
According to the Meat Board, the expectation is that the Norwegian quota will be fully utilised.
It said all applications should be submitted to the Meat Board before 31 October this year, after which the board will make a recommendation to the Minister of Industrialisation, Trade and SME Development.
According to Meatco, Norway is a very rewarding market for Namibia and the hope is that as many producers as possible will benefit from it.
“Meatco was allocated 1 400 tons of the Norwegian beef quota, which translates to 87.5% of the total quota approved for Namibia. To date, that entire quota was utilised,” Meatco said.
It said the EU, UK and Norwegian markets account for 43.2% of Meatco's sales by volume, while South Africa and Namibia make up 55.72%.
According to Meatco overall, the 2016/17 reporting period was a successful year for Meatco in terms of marketing and sales, although the excitement associated with the opening of new markets was tempered somewhat by the challenge of reducing the effects of the drought.
In spite of export volumes, Meatco remains committed to the local market by continuously expanding the product range and extending national market reach. This reaffirms Meatco's ability to supply the local market with a good, affordable source of protein, the company said. The Norwegian market is a highly lucrative market that increases the profitability of the Namibian meat industry. Last year, Meatco was granted the full 1 600 quota.
It was reallocated the full quota after Brukkaros Meat Processors and Witvlei Meats, initially allocated 225 tonnes and 175 tonnes respectively, and failed to utilise their quotas before the 30 June deadline.
ELLANIE SMIT
Namibia is in possession of a 1 600-ton beef quota from Norway, which is allocated to suitable abattoirs annually.
The quota was allocated to Meatco and Brukkaros Meat this year, with the bulk of the quota going to Meatco.
Meatco received 1 400 tons and Brukkaros Meat Processors received 200 tons, respectively.
According to the Meat Board, the expectation is that the Norwegian quota will be fully utilised.
It said all applications should be submitted to the Meat Board before 31 October this year, after which the board will make a recommendation to the Minister of Industrialisation, Trade and SME Development.
According to Meatco, Norway is a very rewarding market for Namibia and the hope is that as many producers as possible will benefit from it.
“Meatco was allocated 1 400 tons of the Norwegian beef quota, which translates to 87.5% of the total quota approved for Namibia. To date, that entire quota was utilised,” Meatco said.
It said the EU, UK and Norwegian markets account for 43.2% of Meatco's sales by volume, while South Africa and Namibia make up 55.72%.
According to Meatco overall, the 2016/17 reporting period was a successful year for Meatco in terms of marketing and sales, although the excitement associated with the opening of new markets was tempered somewhat by the challenge of reducing the effects of the drought.
In spite of export volumes, Meatco remains committed to the local market by continuously expanding the product range and extending national market reach. This reaffirms Meatco's ability to supply the local market with a good, affordable source of protein, the company said. The Norwegian market is a highly lucrative market that increases the profitability of the Namibian meat industry. Last year, Meatco was granted the full 1 600 quota.
It was reallocated the full quota after Brukkaros Meat Processors and Witvlei Meats, initially allocated 225 tonnes and 175 tonnes respectively, and failed to utilise their quotas before the 30 June deadline.
ELLANIE SMIT
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