Czech Republic: Animal Feed Market 2024

Animal Feed Market Size in the Czech Republic

The Czech animal feed market surged to $X in 2022, jumping by 22% against the previous year. In general, consumption, however, recorded tangible growth. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Animal Feed Production in the Czech Republic

In value terms, animal feed production skyrocketed to $X in 2022 estimated in export price. Over the period under review, the total production indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +48.1% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 121%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Animal Feed Exports

Exports from the Czech Republic

In 2022, overseas shipments of animal and pet feed decreased by -5.8% to X tons, falling for the fourth year in a row after five years of growth. In general, total exports indicated a mild expansion from 2012 to 2022: its volume increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -26.3% against 2018 indices. The growth pace was the most rapid in 2015 when exports increased by 19% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, animal feed exports rose to $X in 2022. Overall, total exports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% 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 +7.3% against 2018 indices. The most prominent rate of growth was recorded in 2017 with an increase of 19%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Slovakia (X tons) was the main destination for animal feed exports from the Czech Republic, with a 63% share of total exports. Moreover, animal feed exports to Slovakia exceeded the volume sent to the second major destination, Hungary (X tons), fourfold. The third position in this ranking was taken by Germany (X tons), with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Slovakia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+33.7% per year) and Germany (+15.3% per year).

In value terms, Slovakia ($X) remains the key foreign market for animal and pet feed exports from the Czech Republic, comprising 47% of total exports. The second position in the ranking was held by Germany ($X), with an 11% share of total exports. It was followed by Hungary, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovakia amounted to +2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+18.5% per year) and Hungary (+21.4% per year).

Export Prices by Country

In 2022, the average animal feed export price amounted to $X per ton, rising by 11% against the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, animal feed export price increased by +72.7% against 2016 indices. The growth pace was the most rapid in 2021 an increase of 23% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Animal Feed Imports

Imports into the Czech Republic

Animal feed imports into the Czech Republic amounted to X tons in 2022, picking up by 8.2% against the year before. The total import volume increased at an average annual rate of +3.1% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by 12%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, animal feed imports shrank slightly to $X in 2022. Overall, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.9% 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 +86.1% against 2015 indices. The growth pace was the most rapid in 2018 when imports increased by 24%. Imports peaked at $X in 2021, and then declined modestly in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest animal feed supplier to the Czech Republic, accounting for a 53% share of total imports. Moreover, animal feed imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), eightfold. The third position in this ranking was taken by Hungary (X tons), with a 6.5% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+5.1% per year) and Hungary (+7.0% per year).

In value terms, Germany ($X) constituted the largest supplier of animal and pet feed to the Czech Republic, comprising 38% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 9.3% share of total imports. It was followed by France, with a 9.2% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+5.9% per year) and France (+12.9% per year).

Import Prices by Country

The average animal feed import price stood at $X per ton in 2022, waning by -8.2% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, animal feed import price increased by +53.2% against 2015 indices. The growth pace was the most rapid in 2021 an increase of 23%. As a result, import price attained the peak level of $X per ton, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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