Key Market Indicators
Namibia's pet food export market is projected to experience significant growth over the next five years. By 2028, exports are expected to reach approximately 194,000 kilograms, up from around 161,000 kilograms in 2023. This represents a compound annual growth rate (CAGR) of 2.9%. Since 2005, the country's pet food supply has seen a consistent year-on-year increase of 4.7%. On the import side, Namibia is also set to see substantial growth. Pet food imports are forecasted to hit around 6 million kilograms by 2028, rising from roughly 5.5 million kilograms in 2023. This reflects an average annual growth rate of 1.3%. Since 2005, the demand for imported pet food in Namibia has been growing steadily, with a yearly increase of 4.4%.
