Key Market Indicators
**Iranian Animal Feed Export Projected to Grow by 2028** Iran's animal feed export is on a steady rise, projected to reach approximately 141 million kilograms by 2028. This marks an increase from around 117 million kilograms in 2023, reflecting a year-on-year growth rate of 3%. Since 2003, the country's supply of animal feed has seen a consistent annual increase of 4.8%, highlighting Iran's expanding role in the global animal feed market. **Modest Growth in Iranian Animal Feed Imports** On the import front, Iran's demand for animal feed is expected to grow modestly. Projections indicate that imports will reach nearly 30 million kilograms by 2028, up from just under 30 million kilograms in 2023. This represents a modest annual growth rate of 0.4%. Since 2002, Iranian demand for imported animal feed has seen a slight increase of 0.5% per year, indicating a relatively stable but gradually rising import trend.
