Key Market Indicators
Uruguay's Animal Feed Imports are projected to decline significantly over the next five years. By 2028, imports are expected to drop to approximately 1.9 million kilograms, down from nearly 8 million kilograms in 2023. This represents an average annual decrease of 22.1%. Historical data indicates that since 1999, the country's demand for animal feed has been steadily decreasing at an average annual rate of 11.1%. In contrast, Uruguay's Animal Feed Exports are on an upward trajectory. Exports are expected to reach around 82.6 million kilograms by 2028, up from about 68.9 million kilograms in 2023. This translates to an average annual growth rate of 2.9%. Since 1999, Uruguay's supply of animal feed has increased by an average of 2.2% each year. In 2023, Uruguay ranked 34th globally in animal feed exports, with Croatia slightly ahead at approximately the same volume. Germany, Belgium, and the United States held the second, third, and fourth positions, respectively, in the global ranking.
