Cyprus Animal Feed Industry Outlook 2022 - 2026

Key Market Indicators

Animal feed sales in Cyprus are expected to reach €158 million by 2026, growing at an average rate of 0.8% year on year. Since 2013, the Cypriot market has grown by 2.5% year on year. In 2021, the country came in 27th place, with Slovakia ahead of it at €150 million. Germany, the Netherlands and France took the 2nd, 3rd and 4th spots, respectively. Cypriot animal feed exports are expected to reach 3.2 million kilograms by 2026, growing at an average rate of 1.9% year on year. Since 1994, supply has increased by 1.7% year on year. In 2021, the country came in 86th place, with Senegal in the lead at 2.8 million kilograms. Germany, Belgium and the US took the 2nd, 3rd and 4th spots, respectively. Cypriot animal feed imports are set to reach 36.8 million kilograms by 2026, growing at a CAGR of 2.1% year on year. Since 1994, demand has increased by 3.7% year on year. In 2021, the country was placed 70th, with Guatemala taking the lead at 32.2 million kilograms. Germany, Belgium and Ireland took the 2nd, 3rd and 4th spots, respectively.

Cyprus Animal Feed Market Data and Forecasts

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