Key Market Indicators
**Argentinian Pet Food Imports to Plummet by 2028** BUENOS AIRES – Argentina's pet food imports are projected to experience a significant decline over the next five years. By 2028, imports are expected to drop to approximately 116,000 kilograms, a sharp decrease from the 944,000 kilograms recorded in 2023. This represents an average annual decrease of 31.5%. Historically, since 1998, the demand for imported pet food in Argentina has been decreasing at an average rate of 11.1% per year. **Steady Growth in Pet Food Exports** In contrast, Argentina's pet food exports are on the rise. By 2028, the country is set to export nearly 120 million kilograms, up from about 114 million kilograms in 2023. This marks a modest average annual growth rate of 0.7%. Since 1998, Argentina's pet food supply has been increasing at a rate of 1.6% annually. **Global Rankings and Competitors** In the global arena, Argentina ranked 17th in pet food exports in 2023. Ireland surpassed Argentina with exports totaling approximately 114 million kilograms. Leading the global rankings were France, the United States, and Poland, occupying the second, third, and fourth positions, respectively. The contrasting trends in imports and exports highlight the dynamic nature of Argentina's pet food market, reflecting both domestic and international economic factors.
