Key Market Indicators
Luxembourg's animal feed imports are projected to reach approximately 67.3 million kilograms by 2028, rising from 66.5 million kilograms in 2023. This represents an average annual growth rate of 0.2%. Since 2004, the demand for animal feed in Luxembourg has increased by an average of 0.9% each year. On the export front, Luxembourg's animal feed shipments are expected to hit around 15.6 million kilograms by 2028, up from 15 million kilograms in 2023. The average annual growth rate for exports is forecasted at 0.6%. Despite this growth, the country's animal feed supply has seen a yearly decline of 0.4% since 2004. In 2023, Luxembourg ranked 56th globally in animal feed exports, with Costa Rica slightly ahead at 15 million kilograms. Germany, Belgium, and the United States held the second, third, and fourth positions, respectively, in the global rankings.
