Animal feed preparations market in Italy

Earlier Report Observations

The Italian animal feed preparations market experienced substantial volatility in physical volume from 2018 to 2024. The market size began the period at 33 765 тыс. т, then contracted sharply to 27 004 тыс. т in 2019 and further to 24 704 тыс. т in 2020. A strong rebound followed in 2021, lifting volume to 32 207 тыс. т, but this gain was reversed over the next two years, with the market falling to 26 853 тыс. т in 2022 and 22 146 тыс. т in 2023. The trend shifted again in 2024, with volume recovering to 27 918 тыс. т.

In monetary terms, the market's value showed a parallel pattern of fluctuation, though with notable divergences. Starting at $15 165 млн in 2018, value dropped to $11 459 млн in 2019. Unlike the volume trend, market value edged up to $11 865 млн in 2020. It then surged to $15 488 млн in 2021, closely matching the volume peak. Subsequent years saw a gradual decline to $14 716 млн in 2022 and $13 593 млн in 2023, before a partial recovery to $14 870 млн in 2024.

The data reveals two clear cycles within the seven-year span: an initial decline from 2018 through 2020, a pronounced peak in 2021, a second downturn culminating in 2023, and a final year of recovery. The mismatch between volume and value movements in 2020, where volume fell but value rose slightly, points to underlying shifts in product pricing or composition during the period.

Production animal feed preparations in Italy

In value, 2017-2020, M $ US

In Italy, the output value of animal feed preparations reached 11 764 million US dollars in 2020, showing a gradual increase of 3.8% compared to the previous year. Over the period from 2017 to 2020, production grew by 2.1%, with a compound annual growth rate of 0.7%. The lowest value was recorded in 2019 at 11 335 million US dollars, while the highest value occurred in 2018 at 15 031 million US dollars. The largest decline was observed in 2019, dropping by 24.6%, whereas the largest increase took place in 2018, rising by 30.5%.

Annual dynamics of production in Italy in value, 2017-2020, M $ US

In kind, 2017-2020, K t

Animal feed preparations production in Italy declined for the second consecutive year. In 2020, Italy produced 24 962 thousand tonnes of animal feed preparations, reflecting a measured decrease of 8.3% compared to the previous year. Between 2017 and 2020, production decreased by 5%, equating to an annualized rate of decline of 1.7%. The highest production volume was recorded in 2018 at 33 993 thousand tonnes. The largest decline occurred in 2019, falling by 19.9%, while the largest increase was in 2018, rising by 29.3%.

Annual dynamics of production in Italy in kind, 2017-2020, K t

Exports animal feed preparations from Italy

Exports in kind, K t

In 2020, cross-border shipments of animal feed preparations from Italy amounted to 824.4 thousand tonnes, showing no significant change compared to 2019. Over the period from 2017 to 2020, exports increased by 10%, with an annualized growth rate of 3.2%. The highest export volume was recorded in 2018 at 851.9 thousand tonnes. The largest decline occurred in 2019, dropping by 3.4%, while the largest increase was in 2018, rising by 13.7%.

Annual dynamics of product's exports from Italy in kind, 2017-2020, K t

From 2017 to 2020, the Philippines, Greece, and Vietnam played notable but not dominant roles as buyers of animal feed preparations from Italy. The Philippines accounted for 22.1% of exports in kind, Greece for 6.9%, and Vietnam for 5.2%. Together, their joint share reached only 34.3% of total exports in kind.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Italy in kind, 2017-2020

Exports in value, M $ US

In 2020, the value of exported animal feed preparations from Italy totaled 940 million US dollars, marking a 9.5% increase year-over-year. Between 2017 and 2020, exports grew by 27.1%, with an annualized rate of 8.3%. The largest decline was recorded in 2019, falling by 0.4%, while the largest increase occurred in 2018, rising by 16.5%.

Annual dynamics of product's exports from Italy in value, 2017-2020, M $ US

From 2017 to 2020, the country structure of exports in value terms remained highly diversified. The Philippines accounted for 7.4% of exports in value terms, Greece for 6.8%, and Russia for 6.1%. Together, these three countries represented only 20.3% of total flows, with the remaining 79.7% consisting of a long tail of smaller markets.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Italy in value, 2017-2020

Imports animal feed preparations to Italy

Imports in kind, K t

Imported volumes of animal feed preparations in Italy declined for the second consecutive year. In 2020, Italy imported 566.1 thousand tonnes of animal feed preparations, reflecting a limited decline of 6.9% relative to the prior year. Between 2017 and 2020, imports decreased by 4.9%, equating to an annualized rate of decline of 1.7%. The highest import volume was recorded in 2018 at 623.8 thousand tonnes. The largest increase occurred in 2018, rising by 4.8%.

Annual dynamics of product's imports to Italy in kind, 2017-2020, K t

Over the period from 2017 to 2020, the country breakdown of imports in kind remained scattered. France accounted for 24.3% of imports in kind, Germany for 12.6%, and Spain for 11.7%. Together, these three countries represented just 48.6% of total flows, with no single partner standing out as clearly dominant.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Italy in kind, 2017-2020

Imports in value, M $ US

In 2020, Italy's import value of animal feed preparations totaled 1 041 million US dollars, amounting to a gradual gain of 6.0% compared to the previous year. Over the period from 2017 to 2020, imports increased by 12.4%, with a compound annual growth rate of 4.0%. The largest decline was recorded in 2019, falling by 1.4%, while the largest increase occurred in 2018, rising by 7.5%.

Annual dynamics of product's imports to Italy in value, 2017-2020, M $ US

From 2017 to 2020, France, Germany, and Thailand were the primary suppliers of animal feed preparations to Italy in value terms. France accounted for 23.2% of imports in value terms, Germany for 15.3%, and Thailand for 11.7%. Jointly, these three countries accounted for 50.2% of total imports in value terms.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Italy in value, 2017-2020