U.S. Animal Food (Except Dog And Cat) Market. Analysis And Forecast to 2025

U.S.: Animal Food Market Overview 2019

Animal Food Market Size in the USA

The revenue of the animal food market in the U.S. amounted to $X in 2018, lowering by -X% against the previous year. Overall, animal food consumption continues to indicate a moderate downturn. The pace of growth appeared the most rapid in 2015, when market value increased by X% against the previous year. Over the period under review, the animal food market attained its maximum level of $X in 2013; however, from 2014 to 2018, it stood at a somewhat lower level.

Animal Food Production in the USA

In value terms, animal food production stood at $X in 2018. Overall, animal food production continues to indicate a moderate setback. The most prominent rate of growth was recorded in 2015, with an increase of X% y-o-y. Over the period under review, the animal food production reached its maximum level of $X in 2013; however, from 2014 to 2018, it failed to regain its momentum.

Animal Food Exports

Exports from the USA

In 2018, the amount of animal food (except dog and cat) exported from the U.S. amounted to X tonnes, flattening at the previous year. The total export volume increased an average annual rate of +X% from 2013 to 2018; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2016, when exports increased by X% year-to-year. The exports peaked of X tonnes in 2017, leveling off in the following year.

In value terms, animal food exports amounted to $X in 2018. The total export value increased an average annual rate of +X% from 2013 to 2018; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. Over the period under review, the animal food exports reached its peak figure level of $X in 2016; however, from 2017 to 2018, it stood at a somewhat lower level.

Exports by Country

China (X tonnes), Japan (X tonnes) and South Korea (X tonnes) were the main destinations of animal food exports from the U.S., together comprising X% of total exports. Indonesia, Trinidad and Tobago, Viet Nam, the Philippines, Colombia and Taiwan, Chinese lagged somewhat behind, together accounting for a further X%.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Colombia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for animal food exports from the U.S., making up X% of total animal food exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

From 2013 to 2018, the average annual growth rate of value to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-X% per year) and Indonesia (-X% per year).

Export Prices by Country

The average animal food export price stood at $X per tonne in 2018, declining by -X% against the previous year. Overall, animal food export price continues to indicate a slight reduction. The pace of growth was the most pronounced in 2014, when the average export price increased by X% year-to-year. The export price peaked of $X per tonne in 2015; however, from 2016 to 2018, it stood at a somewhat lower level.

Export prices varied noticeably by the country of origin; the country with the highest export price was Taiwan, Chinese ($X per tonne), while average price for exports to South Korea ($X per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to Taiwan, Chinese (+X% per year), the export prices for the other major destinations experienced mixed trend patterns.

Animal Food Imports

Imports into the USA

In 2018, approx. X tonnes of animal food (except dog and cat) were imported into the U.S.; going up by X% against the previous year. In general, the total imports indicated a remarkable growth from 2013 to 2018: its volume increased at an average annual rate of +X% over the last five years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2018 figures, the animal food imports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2014, when imports increased by X% y-o-y. Over the period under review, the animal food imports reached its peak figure volume of X tonnes in 2016; however, from 2017 to 2018, it failed to regain its momentum.

In value terms, animal food imports amounted to $X in 2018. The total import value increased an average annual rate of +X% over the period from 2013 to 2018; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Over the period under review, the animal food imports reached its peak figure level in 2018, and are likely to see steady growth in the immediate term.

Imports by Country

In 2018, Malaysia (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 Malaysia exceeded the figures recorded by the second largest supplier, China (X tonnes), twofold. India (X tonnes) ranked third in terms of total imports with a X% share.

From 2013 to 2018, the average annual growth rate of volume from Malaysia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and India (+X% per year).

In value terms, France ($X), China ($X) and Malaysia ($X) appeared to be the largest animal food suppliers to the U.S., with a combined X% share of total imports. Germany, India, the Netherlands, Norway, Belgium, Italy, Indonesia, Ireland and South Korea lagged somewhat behind, together comprising a further X%.

Norway (+X% per year) recorded the highest growth rate of imports, among the main suppliers over the last five year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average animal food import price stood at $X per kg in 2018, going down by -X% against the previous year. In general, animal food import price continues to indicate a deep descent. The pace of growth appeared the most rapid in 2017, when the average import price increased by X% against the previous year. The import price peaked of $X per kg in 2013; however, from 2014 to 2018, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major supplying countries. In 2018, the country with the highest import price was France ($X per kg), while price for South Korea ($X per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Germany (+X% per year), the import prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform