In 2023, Germany's import of flours, meals, and pellets of meat or meat offal, and fish for animal feed was valued at approximately 233.23 million US dollars. The forecasted data indicates a gradual decline over the next five years, reaching 221.24 million US dollars by 2028. This represents a continuous decreasing trend with an average annual decline (CAGR) of around 1.06% over the period from 2024 to 2028.
Future trends to watch for:
- Emerging sustainable and alternative feed options may impact imports.
- Regulatory changes around livestock feeding standards in the EU could influence demand.
- Fluctuations in global fish and meat byproduct prices may affect cost structures.
