Key Market Indicators
China's pet food industry is set to reach a new high. Import is predicted to hit 47 million kilograms by 2026, a 4.2% year-on-year growth since 2021. This is a 29.9% increase since 1997. In 2021, China was in 44th place, with Belarus overtaking at 36 million kilograms. The UK, France and Italy took 2nd, 3rd and 4th places respectively. Meanwhile, export is expected to reach 193 million kilograms by 2026, a 2.6% average year-on-year growth since 2021. This is an 8.2% increase since 1997. In 2021, Belgium overtook China, which was in 15th place with 164 million kilograms. France, the US and the Netherlands placed 2nd, 3rd and 4th respectively.