Key Market Indicators
Paraguay's animal feed imports are expected to reach nearly 78 million kilograms by 2026, up from 68 million kilograms in 2021. This marks an average annual growth rate of 2.1%. Since 1994, Paraguay's demand has grown by 4.5% year-on-year. In 2021, the country ranked 47th in the world for imports, with Ukraine coming in ahead with 68 million kilograms. Germany, Belgium, and Ireland followed in second, third, and fourth place, respectively. Meanwhile, Paraguay's animal feed exports are forecast to reach close to 7.9 million kilograms by 2026, up from 6.9 million kilograms in 2021. This equates to an average annual growth rate of 2.2%. Since 2004, Paraguay's supply has remained unchanged. In 2021, Paraguay ranked 76th in the world for exports, with the Dominican Republic coming in ahead with 6.9 million kilograms. Germany, Belgium, and the United States followed in second, third, and fourth place, respectively.
