Key Market Indicators
New Zealand's animal feed import is projected to surge to approximately 253 million kilograms by 2028, up from around 209 million kilograms in 2023. This represents an average annual growth rate of 3%. Since 1994, the demand for animal feed in New Zealand has grown at an average rate of 4.1% per year. On the export front, New Zealand's animal feed shipments are expected to reach about 24 million kilograms by 2028, increasing from around 23 million kilograms in 2023. This marks a modest annual growth rate of 0.6%. Historically, since 1994, the country's supply has grown at an average rate of 0.9% per year. In 2023, New Zealand ranked 51st in global animal feed exports, with Finland slightly ahead at approximately 23 million kilograms. Leading the export rankings were Germany, Belgium, and the United States, occupying the second, third, and fourth positions respectively.