Key Market Indicators
Dominican Animal Feed Imports are projected to soar to approximately 95 million kilograms by 2028, up from around 82 million kilograms in 2023. This marks an average annual growth rate of 2.3%. Since 2007, the demand for animal feed in the Dominican Republic has increased at an average rate of 3.9% per year, signaling robust growth in the sector. On the export front, the outlook is less positive. Dominican Animal Feed Exports are expected to plummet to roughly 1.6 million kilograms by 2028, down from about 4.8 million kilograms in 2023. This represents a significant annual decline rate of 17.6%. Historically, since 2001, the country’s supply of animal feed for export has decreased at an average annual rate of 9.8%.
