Key Market Indicators
Paraguay's pet food imports are projected to reach approximately 22.2 million kilograms by 2028, up from about 19.2 million kilograms in 2023. This indicates an average annual growth rate of 2.3%. Since 1994, the country's demand for pet food has been increasing at an average rate of 3.2% per year. On the export front, Paraguayan pet food shipments have seen a dramatic decline. In 2023, exports are expected to be around 21,500 kilograms, down from nearly 60,000 kilograms in 2022—a staggering 64.1% drop. Historically, since 1994, Paraguayan pet food supply has been decreasing by an average of 37.8% annually. In the global ranking for 2023, Paraguay stands at number 63 in terms of pet food exports, with Macedonia just ahead, also at 21,500 kilograms. Leading the rankings are France, the United States, and Poland, occupying the second, third, and fourth positions respectively.
