From 2013 to 2023, Latvia's market for preparations for animal feeds, excluding dog or cat food, grew from 56.81 to 68.42 Euros per capita. Over the past two years, the market value increased by roughly 1.84% per annum. From 2018 to 2023, the CAGR was approximately 2.67%, indicating steady growth. The market reached 68.42 Euros per capita by 2023, showcasing a consistent upward trend, except for minor declines in earlier years.
Looking ahead, watch for trends like sustainable feed production and innovation in nutrient efficiency. Market dynamics might be influenced by advancing agricultural practices and regulatory changes, making it important to monitor these factors closely.
How does Latvia rank in Preparations for Animal Feeds (Excluding Dog or Cat Food) Market Size Value Per Capita?
| # | 20 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 496.57 | 2023 | View data | ||
| 2 | 2 Netherlands | 385.76 | 2023 | View data | ||
| 3 | 3 Belgium | 303.02 | 2023 | View data | ||
| 4 | 4 Spain | 254.12 | 2023 | View data | ||
| 5 | 5 Portugal | 195.31 | 2023 | View data | ||
| 16 | 16 Estonia | 94 | 2023 | View data | ||
| 17 | 17 Croatia | 90.96 | 2023 | View data | ||
| 18 | 18 Latvia | 68.42 | 2023 | |||
| 19 | 19 Bulgaria | 36.06 | 2023 | View data | ||
| 20 | 20 Romania | 32.81 | 2023 | View data | ||
