Key Market Indicators
Sales of animal feed in Macedonia experienced a modest increase in 2020. The industry generated €6.9 million, up 3% from €6.7 million in 2019. The export of Macedonian animal feed is projected to reach approximately 1.6 million kilograms by 2028, up from around 1.3 million kilograms in 2023. This represents an annual growth rate of 3.8%. Since 1999, the country's animal feed supply has surged by 31.7% year on year. In 2023, Macedonia ranked 77th in the world for animal feed exports, with Montenegro slightly ahead at 1.3 million kilograms. Germany, Belgium, and the United States occupied the top three positions, respectively. On the import front, Macedonia's demand for animal feed is anticipated to grow to 18.2 million kilograms by 2028, up from 16 million kilograms in 2023. This marks an average annual growth rate of 2%. Since 1999, the country's import demand for animal feed has risen by 4.4% annually.
