Key Market Indicators
Malaysian animal feed import is projected to reach approximately 197 million kilograms by 2028, up from around 187 million kilograms in 2023. This represents an average annual growth rate of 0.9%. Since 1994, Malaysia's demand for animal feed has shown a steady increase of 0.5% per year. On the export front, Malaysia is expected to see its animal feed exports climb to roughly 347 million kilograms by 2028, compared to about 296 million kilograms in 2023. This indicates an average annual growth rate of 2.5%. Since 1994, the country's supply has surged by an average of 3.3% annually. In 2023, Malaysia ranked 14th globally in animal feed exports, with Peru surpassing it at approximately 296 million kilograms. Germany, Belgium, and the United States secured the second, third, and fourth positions, respectively, in this ranking.
