Key Market Indicators
Chilean animal feed imports are projected to decline to approximately 224 million kilograms by 2028, down from around 234 million kilograms in 2023. This represents an average annual decrease of 0.7%. Historical data reveals that since 1996, Chile's demand for animal feed has dropped by an average of 2.8% per year. In contrast, Chile's animal feed exports are expected to rise, reaching roughly 69 million kilograms by 2028, up from about 59 million kilograms in 2023. This marks an average annual growth rate of 2.4%. Over the years, since 1996, Chilean supply has increased by an average of 0.9% per year. In the global ranking of animal feed exporters, Chile stood at the 38th position in 2023, with Russia surpassing it at the same level of export volume. The leading exporters in this sector were Germany, Belgium, and the United States, ranking second, third, and fourth, respectively.