Key Market Indicators
Armenian animal feed exports are projected to hit approximately 54,900 kilograms by 2028, up from around 44,200 kilograms in 2023, marking an average annual growth rate of 3.4%. This upward trend has been evident since 2006, with Armenian supply increasing by an average of 10.4% each year. In 2023, Armenia ranked 90th in global animal feed exports, with Botswana narrowly surpassing it at 44,220 kilograms. Leading the rankings were Germany, Belgium, and the United States, occupying the second, third, and fourth positions, respectively. On the import front, Armenian animal feed imports are expected to reach about 39.6 million kilograms by 2028, up from nearly 31.9 million kilograms in 2023. This represents an annual growth rate of 3.4%. Since 2002, the country's demand for animal feed has been climbing steadily, with an average yearly increase of 11.3%.
