From 2011 to 2020, the price per unit of animal feed preparations in the Czech Republic showed slight fluctuations, peaking at 0.54 euros/kg in 2013 and reaching a low of 0.46 euros/kg in 2016 and 2017. Over the decade, prices mostly stabilized around the 0.49 euros/kg mark from 2018 to 2020.
In terms of year-on-year variation, the prices saw modest changes, with the most notable drops occurring from 2013 to 2014 and 2013 to 2015. The average annual growth rate (CAGR) over the past five years shows a stabilization trend, suggesting minor fluctuations around a relatively stable value.
Looking ahead, industry stakeholders should watch for:
- Potential impacts from changes in agricultural policies or raw material costs, which could influence feed prices.
- Shifts in demand for animal protein, affecting the scale of feed production and pricing.
- Technological advancements that might lower production costs or change feed compositions.
- Environmental regulations that could alter feed formulation and pricing structures.