Key Market Indicators
**Jamaican Animal Feed Export Projected to Surge by 2028** Jamaica's animal feed export is anticipated to significantly increase, reaching approximately 29.7 million kilograms by 2028. This marks a notable rise from the current 2023 figure of around 26 million kilograms. The sector is expected to grow at an average annual rate of 2.1%. Historical data underscores the robustness of this growth, with Jamaican supply climbing at an average rate of 3.5% per year since 1996. **Steady Increase in Animal Feed Imports** On the import side, Jamaica is also seeing a steady increase. Animal feed imports are projected to hit around 4.9 million kilograms by 2028, up from about 4.4 million kilograms in 2023. This represents a compound annual growth rate (CAGR) of 1.7%. Since 1996, the demand for animal feed imports in Jamaica has grown at an average rate of 2.6% annually.
