Key Market Indicators
Austrian Animal Feed Sales are projected to reach approximately €1.82 billion by 2028, up from around €1.62 billion in 2023, reflecting an average annual growth rate of 1.9%. Since 2013, the Austrian market has seen a year-on-year increase of 3%. In 2023, Austria ranked 13th in the global market, with Hungary slightly ahead at €1.62 billion. Germany, France, and the Netherlands held the second, third, and fourth positions, respectively. Austrian Animal Feed Exports are expected to climb to about 553 million kilograms by 2028, rising from approximately 470 million kilograms in 2023, marking a compound annual growth rate (CAGR) of 2.6%. Since 1999, Austrian supply has grown by 3.9% annually. In 2023, Austria ranked 10th, with the United Kingdom leading at 470 million kilograms. Germany, Belgium, and the United States ranked second, third, and fourth, respectively. Austrian Animal Feed Imports are forecasted to reach nearly 130 million kilograms by 2028, up from roughly 118 million kilograms in 2023, with a CAGR of 1.6%. Since 1999, Austrian demand has increased by 3% annually.
