The analysis of the Global Poultry Meat Excess Feed Cost reveals that Indonesia had the highest excess feed cost in 2023, amounting to 577.25 million USD, followed by Brazil at 98.05 million USD. Notably, Russia and Kazakhstan had negative excess costs, indicating efficiency in feed utilization. In terms of year-on-year variation, Colombia saw a minor decrease of 1.15% in 2023. Over the last five years, trends have been relatively stable for most countries, but notable efficiencies were achieved in Russia and Kazakhstan.
Future trends to watch for include potential technological advancements in feed efficiency and sustainability practices, which could further reduce excess feed costs globally. Market dynamics such as changes in feed prices and poultry demand will also be crucial factors affecting these costs.
Top countries in Poultry Meat Excess Feed Cost by Country
| # | 6 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 577.25 | 2023 | +12.63% | View data | |
| 2 | 2 Brazil | 98.05 | 2023 | +3.46% | View data | |
| 3 | 3 Philippines | 52.11 | 2023 | +3.29% | View data | |
| 4 | 4 Colombia | 10.91 | 2023 | +10.6% | -1.15% | View data |
| 5 | 5 Kazakhstan | -3.07 | 2023 | -418.99% | View data | |
| 6 | 6 Russia | -100.53 | 2023 | -681.77% | View data |
