Ethiopia’s Livestock Development Institute (LDI) is witnessing a positive trend in livestock exports, generating approximately USD 74 million in revenue over the past 10 months. This figure, though 65% of the initial target, reflects progress towards the institute’s goal of USD 140 million by year’s end.
The success is attributed to LDI’s focus on research, technical support, and capacity building for livestock producers. These initiatives aim to streamline production processes and enhance the quality of exported goods like meat, honey, camel milk, and offal products.
However, the road to achieving the target is not without its hurdles. Rising domestic production costs pose a significant challenge. Additionally, stagnant prices for processed animal products in destination markets, security concerns, illegal trade, and product quality issues hinder further growth.
LDI is actively tackling these challenges by diversifying export destinations and seeking alternative markets. This strategic move aims to lessen reliance on specific areas and ensure market stability.
Deputy Director General Sahlu Mulu highlighted the institute’s efforts, emphasizing the export of over 24,200 tons of animal products during the period. While acknowledging the shortfall from the initial target, Sahlu pointed out the significant progress made in boosting the sector.
Source: Ethiopian News Agency
Image source: Further Africa
