Key Market Indicators
In 2020, Estonian animal feed sales reached approximately €160 million, experiencing a slight decline from €161 million in 2019, marking a 0.8% decrease year-over-year. Despite this dip, the Estonian market has shown an upward trend, growing by an average of 5.6% annually since 2013. Looking ahead, Estonian animal feed exports are projected to increase from 11.1 million kilograms in 2023 to approximately 13.1 million kilograms by 2028, with an average annual growth rate of 2.6%. Since 2000, the country's supply has expanded at an average rate of 7.4% per year. In 2023, Estonia ranked 63rd in the global export market, with Mauritius surpassing it at 11.1 million kilograms. Leading the rankings were Germany, Belgium, and the United States, occupying the second, third, and fourth spots, respectively. On the import front, Estonia is expected to see its animal feed imports rise modestly from 43.5 million kilograms in 2023 to roughly 44.8 million kilograms by 2028, growing at an average rate of 0.5% per year. However, since 2000, the country's demand has experienced a slight decline, decreasing by 0.2% annually.
