Between 2011 and 2020, the price for preparations for animal feeds in Spain fluctuated but showed an overall decreasing trend from 0.46 to 0.43 Euros per kilogram. The period from 2011 to 2016 saw a notable decline, followed by stabilization from 2016 to 2020 at 0.43 Euros per kilogram. The average variation per year (CAGR) over the last 5 years leading up to 2020 was relatively stable, indicating a market at equilibrium.
Looking forward, attention should be given to the impacts of global supply chain disruptions, environmental policies affecting agriculture, and innovation in feed production that might influence pricing in the forecasted period from 2024 onward.
