U.S. - Animal And Pet Feed - Market Analysis, Forecast, Size, Trends And Insights
Latest Report Update: Sep 9, 2022

U.S. - Animal And Pet Feed - Market Analysis, Forecast, Size, Trends And Insights
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Article Publishing Date: Sep 19, 2022

Animal Feed Price Drops 8.2% to $1,434 per Ton

U.S. Animal Feed Export Price per Ton July 2022

In July 2022, the animal feed price per ton stood at $1,434 (FOB, US), dropping by -8.2% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in May 2022 when the average export price increased by 28% m-o-m. As a result, the export price reached the peak level of $1,876 per ton. From June 2022 to July 2022, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In July 2022, the country with the highest price was Thailand ($2,776 per ton), while the average price for exports to South Korea ($537 per ton) was amongst the lowest.

From January 2022 to July 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

U.S. Animal Feed Exports

Animal feed exports from the United States contracted to 101K tons in July 2022, declining by -6.4% against the previous month. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2022 with an increase of 19% against the previous month. The exports peaked at 116K tons in May 2022; however, from June 2022 to July 2022, the exports remained at a lower figure.

In value terms, animal feed exports declined to $146M (IndexBox estimates) in July 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 when exports increased by 36% m-o-m. As a result, the exports attained the peak of $217M. From June 2022 to July 2022, the growth of the exports failed to regain momentum.

U.S. Animal Feed Exports by Country

South Korea (20K tons), China (15K tons) and Canada (14K tons) were the main destinations of animal feed exports from the United States, with a combined 47% share of total exports. Mexico, Vietnam, Trinidad and Tobago, the Philippines, Taiwan (Chinese), Indonesia, Saudi Arabia, Japan, Thailand and the UK lagged somewhat behind, together accounting for a further 37%.

From January 2022 to July 2022, the biggest increases were in Saudi Arabia (with a CAGR of +45.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($25M), China ($17M) and Mexico ($16M) were the largest markets for animal feed exported from the United States worldwide, with a combined 40% share of total exports. These countries were followed by South Korea, Thailand, Vietnam, Saudi Arabia, Japan, Indonesia, the Philippines, Taiwan (Chinese), Trinidad and Tobago and the UK, which together accounted for a further 29%.

Saudi Arabia, with a CAGR of +25.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the animal feed market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 10911010 - Premixtures for farm animal feeds
• Prodcom 10911033 - Preparations used for farm animal feeding (excluding premixtures): pigs
• Prodcom 10911035 - Preparations used for farm animal feeding (excluding premixtures): cattle
• Prodcom 10911037 - Preparations used for farm animal feeding (excluding premixtures): poultry
• Prodcom 10921060 - Preparations used for feeding pets (excluding preparations for cats or dogs, p.r.s.)
Country coverage:
• United States

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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