In 2024, China remains the dominant contributor to the global wheat feed market, accounting for a significant share of 20.81 thousand metric tons. The United Kingdom, Germany, and France follow, with values of 6.82, 6.04, and 6.03 respectively. Notably, Australia's share stands at 4.65, and Russia, due to an impressive year-on-year growth of 18.41%, has reached 4.12. Other considerable contributors include Spain, the Netherlands, India, Denmark, and Vietnam. Countries like the United States and Ukraine have experienced notable declines, with the latter decreasing by 19.32% in 2023.
Key trends observed over the past five years include substantial growth rates in Afghanistan (14.42%) and Vietnam (5.52%), and declines in Turkmenistan (-7.95%) and North Korea (-8.97%). The market is also showing consistent annual growth in countries such as Brazil, Bangladesh, Chile, and Lebanon. Conversely, emerging concerns are seen in nations like the United States and Slovakia, which have shown a downward trend.
Future trends to watch for include the impact of geopolitical tensions, climate change on crop yields, and technological advancements in agricultural sectors. Additionally, it is essential to monitor the post-pandemic economic recovery and its effects on wheat production and consumption patterns globally.
Top countries in Wheat Feed Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 20.81 | 2023 | +1.38% | +0.75% | View data |
| 2 | 2 United Kingdom of Great Britain and Northern Ireland | 6.82 | 2023 | |||
| 3 | 3 Germany | 6.04 | 2023 | -1.44% | +0.071% | View data |
| 4 | 4 France | 6.03 | 2023 | -0.37% | -1.49% | View data |
| 5 | 5 Australia | 4.65 | 2023 | +2.22% | +0.86% | View data |
| 6 | 6 Spain | 4.35 | 2023 | -0.059% | +0.28% | View data |
| 7 | 7 Russia | 4.12 | 2023 | -5.83% | +18.41% | View data |
| 8 | 8 Netherlands | 3.56 | 2023 | +0.99% | +0.71% | View data |
| 9 | 9 India | 2.71 | 2023 | +1.41% | +0.74% | View data |
| 10 | 10 Denmark | 2.62 | 2023 | -0.62% | +0.27% | View data |
