Key Market Indicators
Solomon Islands' animal feed export is projected to reach approximately 1.16 million kilograms by 2028, up from around 1.16 million kilograms in 2023. This represents a modest annual growth rate of 0.1%. However, since 2014, the country's supply has seen a year-on-year decrease of 4.2%. In 2023, the Solomon Islands ranked 78th in the world for animal feed exports, with Macedonia slightly ahead at the same export volume. Notably, Germany, Belgium, and the United States held the second, third, and fourth positions, respectively, in this global ranking. On the import side, Solomon Islands' animal feed import is expected to decline to about 1.02 million kilograms by 2028 from approximately 1.07 million kilograms in 2023, marking an average annual drop of 0.8%. Since 2014, the demand for animal feed in the country has decreased by 2.6% annually.
