Key Market Indicators
Slovene Animal Feed Sales are projected to reach €167 million by 2028, up from €151 million in 2023, marking an average annual growth rate of 1.7%. Since 2013, the Slovene market has experienced a year-on-year growth of 2.3%. In 2023, Slovenia ranked 27th, with Cyprus slightly ahead at €151 million. Germany, France, and the Netherlands secured the 2nd, 3rd, and 4th spots, respectively. Meanwhile, Slovene Animal Feed Exports are expected to decrease slightly, reaching 18.3 million kilograms by 2028 from 18.9 million kilograms in 2023, reflecting a compound annual growth rate (CAGR) decline of 0.5%. Since 1999, the country's supply has fallen by 0.4% annually. In 2023, Slovenia was ranked 53rd, with Mexico surpassing it with 18.9 million kilograms. Germany, Belgium, and the United States held the 2nd, 3rd, and 4th positions, respectively. On the import side, Slovene Animal Feed Imports are anticipated to grow to 54.4 million kilograms by 2028, up from 47.8 million kilograms in 2023, averaging an annual growth rate of 2%. Since 1999, Slovene demand has increased by 3.2% year on year.
