The oilseeds feed market in Spain is projected to show an increasing trend from 2024 to 2028, with values rising from 350.0 thousand metric tons in 2024 to 374.0 thousand metric tons by 2028. This indicates a steady annual growth rate, with a year-on-year increase of approximately 1.71% from 2024 to 2025 and similar incremental growth in subsequent years. The compound annual growth rate (CAGR) from 2024 to 2028 is estimated to be around 1.67%.
In 2023, the value of oilseeds feed stood at 344.0 thousand metric tons, showing a 1.74% increase from the previous year. The year-on-year variations from 2023 to 2024 were consistent with historical growth patterns, confirming a stable upward trend.
Future trends to watch for include:
- Potential impacts of climate change on oilseeds production.
- Demand fluctuations due to changes in livestock farming practices.
- Influence of international trade policies and tariffs on feed import costs.
- Technological advancements in feed production and efficiency.
Monitoring these factors will be critical in understanding and forecasting future market dynamics in the oilseeds feed sector in Spain.
