IDEAS home Printed from https://ideas.repec.org/a/taf/ragrxx/v61y2022i1p42-51.html
   My bibliography  Save this article

Covid-19 and the South African wine industry

Author

Listed:
  • Tracy Davids
  • Nick Vink
  • Kandas Cloete

Abstract

South Africa has faced multiple waves of COVID-19 infections since March 2020 with various levels of economic restrictions imposed to control the pandemic’s spread. Such actions included intermittent bans on alcoholic beverage sales, which have had a substantial impact on the wine sector. This purpose of this paper is to quantify this impact, using a partial equilibrium simulation model to separate the direct impact of sales restrictions from the indirect impact of collapsed GDP growth and consequently also consumer spending. In 2020 alone, it points to a reduction in domestic sales and in exports as a result of the pandemic and the efforts to control its spread. The subsequent stock build up induces a prolonged period of weaker prices, and combined with additional actions imposed up to the end of July 2021, cost actors in the industry R3.6 billion in primary gross production value from 2020 to 2027, even without accounting for further value addition between bulk sale and retail value.

Suggested Citation

  • Tracy Davids & Nick Vink & Kandas Cloete, 2022. "Covid-19 and the South African wine industry," Agrekon, Taylor & Francis Journals, vol. 61(1), pages 42-51, January.
    • Handle: RePEc:taf:ragrxx:v:61:y:2022:i:1:p:42-51
    DOI: 10.1080/03031853.2021.1975550
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/03031853.2021.1975550
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/03031853.2021.1975550?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:ragrxx:v:61:y:2022:i:1:p:42-51. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/ragr20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.