U.S.: Animal Food Market Overview 2020

Animal Food Market Size in the U.S.

In 2019, after three years of decline, there was growth in the U.S. animal food market, when its value increased by X% to $X. In general, consumption, however, recorded a mild decline. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2019, consumption remained at a lower figure.

Animal Food Production in the U.S.

In value terms, animal food production contracted slightly to $X in 2019. Over the period under review, production recorded a perceptible decrease. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Animal food production peaked at $X in 2013; however, from 2014 to 2019, production failed to regain the momentum.

Animal Food Exports

Exports from the U.S.

In 2019, the amount of animal food (except dog and cat) exported from the U.S. dropped sharply to X tonnes, falling by -X% compared with the previous year's figure. In general, exports recorded a precipitous slump. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at X tonnes in 2017; however, from 2018 to 2019, exports stood at a somewhat lower figure.

In value terms, animal food exports shrank significantly to $X in 2019. Overall, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Exports peaked at $X in 2018, and then fell significantly in the following year.

Exports by Country

Canada (X tonnes), Mexico (X tonnes) and Indonesia (X tonnes) were the main destinations of animal food exports from the U.S., together comprising X% of total exports. These countries were followed by China, Thailand, Japan, Brazil, South Africa, the Philippines, Belgium, Bangladesh and South Korea, which together accounted for a further X 2013 to 2019, the biggest increases were in South Africa, while shipments for the other leaders experienced a decline.

In value terms, the largest markets for animal food exported from the U.S. were Canada ($X), Mexico ($X) and Thailand ($X), with a combined X% share of total exports. These countries were followed by Brazil, China, Japan, Belgium, South Africa, Indonesia, South Korea, the Philippines and Bangladesh, which together accounted for a further X terms of the main countries of destination, South Africa recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average animal food export price stood at $X per tonne in 2019, rising by X% against the previous year. Over the period under review, the export price saw significant growth. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Belgium ($X per tonne), while the average price for exports to Indonesia ($X per tonne) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Animal Food Imports

Imports into the U.S.

In 2019, animal food imports into the U.S. rose notably to X tonnes, with an increase of X% on the previous year. The total import volume increased at an average annual rate of +X% over the period from 2013 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked in 2019 and are expected to retain growth in the immediate term.

In value terms, animal food imports expanded to $X in 2019. The total import value increased at an average annual rate of +X% from 2013 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Over the period under review, imports reached the maximum in 2019 and are expected to retain growth in years to come.

Imports by Country

In 2019, Canada (X tonnes) constituted the largest supplier of animal food to the U.S., with a X% share of total imports. Moreover, animal food imports from Canada exceeded the figures recorded by the second-largest supplier, Malaysia (X tonnes), twofold. The third position in this ranking was occupied by Argentina (X tonnes), with a X% share.

From 2013 to 2019, the average annual growth rate of volume from Canada amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Argentina (+X% per year).

In value terms, Canada ($X) constituted the largest supplier of animal food to the U.S., comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

From 2013 to 2019, the average annual growth rate of value from Canada stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Malaysia (+X% per year).

Import Prices by Country

The average animal food import price stood at $X per tonne in 2019, which is down by -X% against the previous year. In general, the import price recorded a mild decline. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per tonne), while the price for Argentina ($X per tonne) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Mexico, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of animal food (except dog and cat) to the U.S.?

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In value terms, Canada ($213M) constituted the largest supplier of animal food to the U.S., comprising 31% of total imports. The second position in the ranking was occupied by France ($79M), with a 11% share of total imports. It was followed by Malaysia, with a 8.4% share.

What are the leading importers of animal food (except dog and cat) from the U.S.?

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In value terms, Canada ($186M), Mexico ($166M) and Thailand ($38M) constituted the largest markets for animal food exported from the U.S. worldwide, with a combined 45% share of total exports. These countries were followed by Brazil, China, Japan, Belgium, South Africa, Indonesia, South Korea, the Philippines and Bangladesh, which together accounted for a further 24%.

What is the average export price for animal food (except dog and cat) in the U.S.?

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In 2019, the average animal food export price amounted to $3,364 per tonne, jumping by 236% against the previous year.

What is the average import price for animal food (except dog and cat) in the U.S.?

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In 2019, the average animal food import price amounted to $1,180 per tonne, with a decrease of -4.5% against the previous year.