U.S. - Animal And Pet Feed - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAnimal Feed Price per Ton June 2022
U.S. Animal Feed Export Price per Ton June 2022
In June 2022, the animal feed price per ton stood at $1,563 (FOB, US) in June 2022, dropping by -16.7% against the previous month. Over the last five months, it increased at an average monthly rate of +2.4%. The growth pace was the most rapid in May 2022 an increase of 28% m-o-m. As a result, the export price reached the peak level of $1,876 per ton, and then shrank rapidly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($4,451 per ton), while the average price for exports to South Korea ($468 per ton) was amongst the lowest.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Animal Feed Exports
In June 2022, exports of animal and pet feed from the United States contracted to 108K tons, reducing by -6.4% compared with the month before. The total export volume increased at an average monthly rate of +1.1% from January 2022 to June 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain months. The growth pace was the most rapid in March 2022 with an increase of 19% month-to-month. The exports peaked at 116K tons in May 2022, and then fell in the following month.
In value terms, animal feed exports declined sharply to $169M (IndexBox estimates) in June 2022. Overall, total exports indicated a tangible expansion from January 2022 to June 2022: its value increased at an average monthly rate of +3.5% over the last five months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2022 figures, exports increased by +19.3% against February 2022 indices. The pace of growth appeared the most rapid in May 2022 when exports increased by 36% month-to-month. As a result, the exports reached the peak of $217M, and then fell significantly in the following month.
U.S. Animal Feed Exports by Country
South Korea (23K tons), Canada (14K tons) and China (14K tons) were the main destinations of animal feed exports from the United States, with a combined 46% share of total exports. Mexico, Trinidad and Tobago, Vietnam, the Philippines, Belgium, Thailand, the Netherlands, Indonesia, Japan and Brazil lagged somewhat behind, together comprising a further 38%.
From January 2022 to June 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +28.4%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for animal feed exported from the United States were Canada ($28M), China ($19M) and Mexico ($15M), together accounting for 36% of total exports. These countries were followed by South Korea, Thailand, Brazil, Belgium, Vietnam, Japan, the Philippines, Trinidad and Tobago, the Netherlands and Indonesia, which together accounted for a further 37%.
In terms of the main countries of destination, Vietnam, with a CAGR of +16.4%, saw 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.
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
