Overview of the Global Market for Preparations Used In Animal Feeding

Market Size for Preparations Used In Animal Feeding

The global preparations for animal feeding market expanded modestly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Global consumption peaked at $X.8B in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Preparations Used In Animal Feeding

In value terms, preparations for animal feeding production rose slightly to $X.4B in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, global production hit record highs at $X.6B in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Exports of Preparations Used In Animal Feeding

Exports

In 2022, approx. X tons of preparations used in animal feeding were exported worldwide; increasing by X% against the previous year. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of X%. The global exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, preparations for animal feeding exports rose remarkably to $X in 2022. Over the period under review, total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the global exports hit record highs in 2022 and are likely to see steady growth in the near future.

Exports by Country

The biggest shipments were from the Netherlands (X tons), Germany (X tons), the United States (X tons), Belgium (X tons), France (X tons), China (X tons), Thailand (X tons), Poland (X tons), Hungary (X tons), Spain (X tons), Italy (X tons) and Turkey (X tons), together accounting for X% of total export. The UK (X tons) held a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Turkey (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and the United States ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of global exports. France, China, Thailand, Belgium, Poland, Italy, Spain, the UK, Hungary and Turkey lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average preparations for animal feeding export price amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other global leaders experienced more modest paces of growth.

Imports of Preparations Used In Animal Feeding

Imports

For the third year in a row, the global market recorded growth in purchases abroad of preparations used in animal feeding, which increased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Global imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, preparations for animal feeding imports rose rapidly to $X in 2022. Over the period under review, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, global imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

The purchases of the three major importers of preparations used in animal feeding, namely Belgium, Germany and the Netherlands, represented more than X% of total import. The following importers - France (X tons), the UK (X tons), the United States (X tons), Poland (X tons), South Korea (X tons), Ireland (X tons), Canada (X tons), Italy (X tons), Norway (X tons) and Spain (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Norway (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and the UK ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of global imports. Belgium, the Netherlands, Canada, France, Poland, Italy, Norway, Spain, South Korea and Ireland lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Norway, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average preparations for animal feeding import price amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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