Key Market Indicators
Saint Lucia’s animal feed export industry is expected to see a modest increase over the next five years. Projections indicate that exports will reach nearly 286,500 kilograms by 2028, up from approximately 281,000 kilograms in 2023. This marks an average annual growth rate of 0.3%. Historically, the country’s supply of animal feed has been on an upward trajectory. Since 1997, Saint Lucia has experienced an average annual growth rate of 0.4% in this sector. On the import side, Saint Lucia's demand for animal feed is also set to rise, albeit at a slower pace. Imports are forecasted to climb to around 7.7 million kilograms by 2028, compared to 7.6 million kilograms in 2023. This represents an average annual growth rate of 0.2%. Since 1997, the demand for animal feed imports in Saint Lucia has been increasing steadily, with an average annual growth rate of 0.3%.