Animal Feed Market - Spain Shows the Largest Volumes of Animal Food Production in the EU
Animal Feeds January 17, 2016
From 2007 to 2014, EU production on the animal feed market showed mixed dynamics, rising from 143.9 million tonnes in 2007 to 153.4 million tonnes in 2014. It expanded with a CAGR of +0.9% over the period under review. In value terms, EU production of animal food was 57.9 billion EUR in 2014, growing by +4.4% annually.
The countries with the largest production of preparations for animal feeding in absolute volumes were Spain (23.6 million tonnes), Germany (22.5 million tonnes) and France (22.3 million tonnes).
Positive dynamics in animal food production among the main producing countries from 2007 to 2014 were recorded in Germany (+3.2% per year), while for the other two EU leaders (Spain and France) the paces of growth were negative.
Spain dominated in EU animal food production and ranked seventh in trade. In 2014, it exported 3% of its total animal food output. Of this amount, 30% was supplied to Portugal, where Spanish animal food held a 61% share of total Portugal's imports.
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Source: EU: Preparations Used In Animal Feeding - Market Report. Analysis And Forecast To 2020
