Key Market Indicators
Guyanese Animal Feed Imports are projected to decline to approximately 5.8 million kilograms by 2028, down from around 6 million kilograms in 2023, marking an average annual decrease of 0.7%. This follows a long-term trend since 1997, where demand has seen a modest annual increase of 0.2%. In contrast, Guyanese Animal Feed Exports saw a steep decline in recent years. In 2018, exports were close to 8,750 kilograms, a significant drop from the 18,430 kilograms recorded in 2017, representing a 52.5% decrease year over year. Despite this recent downturn, the long-term trend since 2003 shows a substantial annual increase in supply, with exports rising by an average of 51.1% each year.
