Key Market Indicators
Senegal's animal feed export is projected to decline slightly, reaching approximately 3.37 million kilograms by 2028, down from 3.40 million kilograms in 2023. This represents an annual decrease of 0.2% in compound annual growth rate (CAGR). Despite the expected decline, Senegal's supply has shown a significant increase of 17.1% annually since 2001. In 2023, Senegal was ranked 74th in global animal feed exports. Ivory Coast surpassed Senegal with an export volume of 3.40 million kilograms. Leading the rankings were Germany, Belgium, and the United States, occupying the second, third, and fourth positions respectively. On the import side, Senegal's animal feed demand is forecasted to grow, reaching about 9.08 million kilograms by 2028 from 7.82 million kilograms in 2023. This indicates a 2.4% annual increase in CAGR. Since 2001, Senegal's animal feed import demand has grown by 6.1% each year.
