14 Oct 2014 17:40pm
WINDHOEK, 14 OCT (NAMPA) The numbers of livestock marketed during the month of August 2014 showed an increase, but declined on a year-to-year basis.
In its latest statistics on the livestock sector issued on Tuesday, the Namibia Statistics Agency (NSA) stated that the total number of livestock marketed in August 2014 stood at 97 972, representing an increase of 1.5 per cent on a month-on-month basis.
However, despite the growth of livestock marketed on a monthly basis, the performance of the livestock marketed on a year-to-year basis is on a contracting trend. A decline of 40.6 per cent was recorded.
On average, the composite livestock marketed stood at 87.8 points in 2014, showing a decline of 20.3 per cent year-on-year. Since January 2014, the average cattle marketed index stood at 78.1 points, representing a decline of 38.7 per cent year-on-year, it said.
The composite livestock marketed index for August 2014 stood at 76.7 points, compared to 108.6 points recorded in August 2013. The livestock sub-sector growth declined by 39.2 per cent in 2013.
The NSA stated that the figure represented a decline of 29.8 per cent year-on-year and remained unchanged on a month-on-month basis.
Under the livestock marketed sub-sector index, NSA noted that the composite index of live, export abattoir and butchered cattle stood at 144.7 points, representing a decline of 50.4 per cent on year-on-year, and an increase of 1.4 per cent on a month-on-month basis.
The index of live, export abattoir and butchered small stock stood at 143.6 points, representing a decline of 39.9 per cent year-on-year, and an acceleration of 10.0 per cent for a month-on-month basis.
The cattle live export index stood at 15.8 points, which represented a decline of 85.5 per cent year-on-year, and an acceleration of 214.9 per cent on a month-on-month basis.
The small stock index stood at 71.1 points, which represented a decline of 52.3 per cent, and an increase of 37.5 per cent on a month-to-month basis.
The index on pigs stood at 105.3 points in August 2014, which represented a decline of 2.6 per cent year-on-year, and a decline of 21.6 per cent on a month-on-month basis.