Asia-Pacific: Market for Preparations Used In Animal Feeding 2025

Market Size for Preparations Used In Animal Feeding in Asia-Pacific

The Asia-Pacific preparations for animal feeding market amounted to $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Preparations Used In Animal Feeding in Asia-Pacific

In value terms, preparations for animal feeding production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 14% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Preparations Used In Animal Feeding

Exports in Asia-Pacific

In 2022, the amount of preparations used in animal feeding exported in Asia-Pacific amounted to X tons, approximately reflecting 2021. Total exports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.7% against 2013 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 12%. The volume of export peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, preparations for animal feeding exports rose significantly to $X in 2022. Over the period under review, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Exports by Country

In 2022, China (X tons) and Thailand (X tons) were the largest exporters of preparations used in animal feeding in Asia-Pacific, together comprising 59% of total exports. Malaysia (X tons) ranks next in terms of the total exports with a 7.3% share, followed by Australia (5.7%), Indonesia (4.7%) and Singapore (4.6%). India (X tons) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +23.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest preparations for animal feeding supplying countries in Asia-Pacific were China ($X), Thailand ($X) and India ($X), together accounting for 71% of total exports. Singapore, Malaysia, Australia and Indonesia lagged somewhat behind, together accounting for a further 13%.

Indonesia, with a CAGR of +24.8%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, growing by 8.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2021 when the export price increased by 10% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+3.6%), while the other leaders experienced more modest paces of growth.

Imports of Preparations Used In Animal Feeding

Imports in Asia-Pacific

In 2022, supplies from abroad of preparations used in animal feeding increased by 0.3% to X tons, rising for the third year in a row after two years of decline. The total import volume increased at an average annual rate of +3.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 17%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, preparations for animal feeding imports rose markedly to $X in 2022. Total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.3% against 2012 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 15%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, South Korea (X tons), followed by Vietnam (X tons), Indonesia (X tons), Japan (X tons), the Philippines (X tons), China (X tons), Thailand (X tons), Malaysia (X tons) and Australia (X tons) represented the major importers of preparations used in animal feeding, together constituting 71% of total imports. The following importers - Lao People's Democratic Republic (X tons), New Zealand (X tons), Taiwan (Chinese) (X tons) and India (X tons) - each resulted at a 16% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Lao People's Democratic Republic (with a CAGR of +13.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest preparations for animal feeding importing markets in Asia-Pacific were Japan ($X), China ($X) and South Korea ($X), together accounting for 35% of total imports.

China, with a CAGR of +17.4%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, with an increase of 5.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2021 an increase of 11%. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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