Key Market Indicators
**Lithuanian Animal Feed Sales to Reach €782 Million by 2028** Lithuania's animal feed market is projected to grow from €708 million in 2023 to approximately €782 million by 2028, reflecting an average annual growth rate of 1.5%. Since 2013, the market has experienced a steady increase of 3.8% per year. In 2023, Lithuania ranked 19th globally in animal feed sales, with Serbia surpassing it at €708 million. Leading the rankings were Germany, France, and the Netherlands, occupying the second, third, and fourth positions, respectively. **Imports and Exports on the Rise** Lithuanian animal feed imports are expected to climb to 136 million kilograms by 2028, up from 116 million kilograms in 2023. This represents an average annual growth rate of 2.4%. Since 1999, the country's demand for imported animal feed has risen by 4.2% each year. On the export side, Lithuania is set to see its animal feed exports grow from 208 million kilograms in 2023 to nearly 241 million kilograms by 2028, with an average yearly increase of 2.3%. The supply has been on an upward trajectory, growing 3.8% annually since 1999. In 2023, Lithuania ranked 21st in animal feed exports, with Thailand overtaking it at 208 million kilograms. The top exporters in this category were Germany, Belgium, and the United States, holding the second, third, and fourth places, respectively.
