Key Market Indicators
Greenland's import of animal feed is projected to plummet to approximately 8,400 kilograms by 2028, a stark decline from the current 74,000 kilograms imported in 2023. This represents an average annual decrease of about 33 percent. The sharp drop marks a significant departure from past trends. Since 1999, Greenland has seen a robust annual growth rate of over 42 percent in its demand for animal feed. The upcoming forecast suggests a dramatic shift in the country's import patterns, raising questions about the factors driving this change.
