Key Market Indicators
Namibia's animal feed export is projected to hit approximately 8.6 million kilograms by 2028, up from nearly 8 million kilograms in 2023. This represents an average annual growth rate of 1.1%. The country's animal feed supply has seen a steady increase of 1.7% annually since 2005. In stark contrast, Namibian animal feed imports have plummeted. In 2023, imports are expected to be around 4 million kilograms, a sharp decline from the nearly 11 million kilograms recorded in 2022. This marks a staggering 63.4% drop in just one year. Since 2005, the demand for imported animal feed in Namibia has decreased by an average of 27.4% annually.
