Key Market Indicators
Aruban animal feed imports are projected to hit approximately 3.18 million kilograms by 2028, up from around 2.96 million kilograms in 2023. This marks a steady growth rate of 1.2% annually. Since 2014, the demand for animal feed in Aruba has seen a consistent yearly increase of 0.7%. Meanwhile, Aruba's animal feed exports are expected to reach 155 kilograms by 2028, climbing from 133 kilograms in 2023. This represents a compound annual growth rate (CAGR) of 2.5%. Since 2018, the nation's supply has been rising at an average annual rate of 4.3%.