Key Market Indicators
Ecuador's animal feed export is projected to rise to approximately 74.8 million kilograms by 2028, up from around 64.1 million kilograms in 2023. This represents an average annual growth rate of 2.4%. Since 1996, Ecuador's supply has increased at an average rate of 3.2% per year. In 2023, Ecuador ranked 36th in animal feed exports, with Indonesia surpassing it at the same 64.1 million kilograms mark. Germany, Belgium, and the United States occupied the second, third, and fourth positions respectively in the global ranking. On the import front, Ecuador's animal feed imports are expected to reach about 324 million kilograms by 2028, up from nearly 269.4 million kilograms in 2023. This reflects an average annual growth rate of 2.9%. Since 1996, the country's demand for animal feed has surged by an average of 4.7% per year.
