Preparations for Animal Feeds (Excluding Dog or Cat Food) Price Per Unit in Portugal

The price per unit of preparations for animal feeds in Portugal, over the period from 2012 to 2020, showed notable fluctuations. Initially, from 2012 to 2015, there was a downward trend, with prices peaking at €0.57 and then falling to €0.50. Afterwards, from 2016 to 2017, the price stabilized, maintaining a constant value of €0.46 for three years. In 2019 and 2020, there was a slight uptick as the price nominally increased to €0.47. The compound annual growth rate (CAGR) over the last five years, leading up to 2023, was stable with minimal variation.

Future trends to watch for include:

  • Potential impacts of agricultural policy changes in the EU impacting feed cost structures.
  • Developments in feed technology and alternative protein sources, which could drive cost efficiency.
  • Market dynamics driven by economic conditions affecting livestock production, potentially influencing demand and pricing.

Top Countries about Animal Feed