Bolivia: Market for Preparations Used In Animal Feeding 2025

Market Size for Preparations Used In Animal Feeding in Bolivia

The Bolivian preparations for animal feeding market was estimated at $X in 2022, approximately equating the previous year. Over the period under review, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.0% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Production of Preparations Used In Animal Feeding in Bolivia

In value terms, preparations for animal feeding production totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.0% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 30% against the previous year. Preparations for animal feeding production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Preparations Used In Animal Feeding

Exports from Bolivia

In 2022, overseas shipments of preparations used in animal feeding decreased by -85% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 7,376%. Over the period under review, the exports hit record highs at X tons in 2021, and then declined dramatically in the following year.

In value terms, preparations for animal feeding exports contracted notably to $X in 2022. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 788%. As a result, the exports attained the peak of $X, and then fell significantly in the following year.

Exports by Country

Uruguay (X tons) was the main destination for preparations for animal feeding exports from Bolivia, with a 66% share of total exports. Moreover, preparations for animal feeding exports to Uruguay exceeded the volume sent to the second major destination, Colombia (X tons), threefold. Brazil (X tons) ranked third in terms of total exports with a 12% share.

From 2019 to 2022, the average annual growth rate of volume to Uruguay was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (0.0% per year) and Brazil (-4.3% per year).

In value terms, Uruguay ($X), Colombia ($X) and Brazil ($X) appeared to be the largest markets for preparations for animal feeding exported from Bolivia worldwide, with a combined 91% share of total exports.

Brazil, with a CAGR of +25.0%, recorded 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.

Export Prices by Country

The average preparations for animal feeding export price stood at $X per ton in 2022, jumping by 111% against the previous year. Overall, the export price, however, saw a dramatic contraction. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Uruguay ($X per ton) was amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+30.7%).

Imports of Preparations Used In Animal Feeding

Imports into Bolivia

In 2022, the amount of preparations used in animal feeding imported into Bolivia rose markedly to X tons, with an increase of 6.8% on 2021. In general, imports saw a strong expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 26%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, preparations for animal feeding imports totaled $X in 2022. Overall, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of 22% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Brazil (X tons), Argentina (X tons) and the United States (X tons) were the main suppliers of preparations for animal feeding imports to Bolivia, together comprising 82% of total imports. China, Chile, Peru, India, the Netherlands and Colombia lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +106.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest preparations for animal feeding suppliers to Bolivia were Brazil ($X), Argentina ($X) and Peru ($X), with a combined 71% share of total imports. The United States, China, Chile, India, the Netherlands and Colombia lagged somewhat behind, together accounting for a further 19%.

Among the main suppliers, India, with a CAGR of +84.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average preparations for animal feeding import price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 6.4% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform