Key Market Indicators
Thailand's animal feed imports are projected to climb to approximately 348 million kilograms by 2028, up from an estimated 318 million kilograms in 2023. This marks an average annual growth rate of 1.4%. Over the past three decades, since 1993, Thai demand for animal feed has seen a steady increase of 2.5% per year. On the export front, Thailand is expected to ship around 224 million kilograms of animal feed by 2028, up slightly from 221 million kilograms in 2023. This represents an average annual growth rate of 0.2%. Since 1994, the country's animal feed export supply has grown by 1.6% annually. In 2023, Thailand ranked 20th globally in animal feed exports. Poland edged out Thailand with exports of 221 million kilograms, while Germany, Belgium, and the United States secured the top three spots in the ranking.
