Market research

Animal feed preparations market in Portugal

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The Portuguese animal feed preparations market showed initial volatility between 2018 and 2021. After a drop to 3 008 million USD in 2019, the total market volume recovered to 3 272 million USD by 2021, supported by a parallel rise in domestic production from 2 786 million USD to 2 992 million USD over the same two-year period.

A major expansion phase followed, with the market surging to 4 459 million USD in 2023, while production reached 4 128 million USD. This peak was followed by a market correction in 2024, with the total volume decreasing to 4 104 million USD and production moderating to 3 771 million USD. Imports and exports exhibited a general upward trend throughout the observed years, reflecting active foreign trade.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In value
    1. 4.1.1.1. Production, 2018-2021, 2023-2024
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2021, 2023-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Portugal
  1. 5.1.1. In kind, 2018-2021, 2023-2024, K t
  2. 5.1.2. In value, 2018-2021, 2023-2024, M $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, K t
  2. 5.2.2. In value, 2018-2024, M $ US
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's exports from Portugal in kind, 2018-2025, K t
    2. 6.1.2.2. Dynamics of product's exports in kind from Portugal by countries, 2018-2025, K t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Portugal in value, 2018-2025, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Portugal by countries, 2018-2025, M $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Portugal, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Portugal by countries, 2018-2025, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's exports from Portugal in kind, 2018-2025, K t
    2. 6.2.2.2. Dynamics of product's exports in kind from Portugal by countries, 2018-2025, K t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Portugal in value, 2018-2025, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Portugal by countries, 2018-2025, M $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Portugal, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Portugal by countries, 2018-2025, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's imports to Portugal in kind, 2018-2025, K t
    2. 7.1.2.2. Dynamics of product's imports in kind to Portugal by countries, 2018-2025, K t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Portugal in value, 2018-2025, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Portugal by countries, 2018-2025, M $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Portugal, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Portugal by countries, 2018-2025, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's imports to Portugal in kind, 2018-2025, K t
    2. 7.2.2.2. Dynamics of product's imports in kind to Portugal by countries, 2018-2025, K t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Portugal in value, 2018-2025, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Portugal by countries, 2018-2025, M $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Portugal, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Portugal by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production animal feed preparations in Portugal

In value, 2018-2021, M $ US

Portugal's animal feed preparations production has increased for the second consecutive year. In 2021, output was valued at 2 992 million US dollars, marking a 2.9% gain compared to 2020. Over the period from 2018 to 2021, production grew by 3%, with a compound annual growth rate of 1.0%. The lowest value was recorded in 2019 at 2 786 million US dollars, which saw the largest decline of 4.2%. In contrast, 2020 experienced the largest increase of 4.4%.

Annual dynamics of production in Portugal in value, 2018-2021, M $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(4.2%)	4.4%	2.9%	1.0%

Source: SHEV.io

In kind, 2018-2021, K t

In 2021, Portugal produced 7 440 thousand tonnes of animal feed preparations, representing an 11.7% decrease compared to the previous year. Between 2018 and 2021, production fell by 11.3%, equating to an annualized decline of 3.9%. The highest output was recorded in 2020 at 8 422 thousand tonnes, which also saw the largest increase of 1.8%.

Annual dynamics of production in Portugal in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(1.4%)	1.8%	(11.7%)	(3.9%)

Source: SHEV.io

Exports animal feed preparations from Portugal

Exports in kind, K t

Portugal exported 165.4 thousand tonnes of animal feed preparations in 2021, remaining virtually unchanged from 2020. Between 2018 and 2021, exports increased by 19.9%, with an annualized growth rate of 6.2%. The lowest export volume was recorded in 2019 at 133.5 thousand tonnes, which experienced the largest decline of 3.3%. In 2020, exports peaked at 165.9 thousand tonnes, showing the largest increase of 24.3%.

Annual dynamics of product's exports from Portugal in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(3.3%)	24.3%	(0.3%)	6.2%

Source: SHEV.io

From 2018 to 2021, Spain, Angola, and Greece were the main markets for Portugal's animal feed preparations exports in kind. Spain accounted for 62.9% of exports, Angola for 7.6%, and Greece for 4.9%. Together, these three countries represented 75.3% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Portugal in kind, 2018-2021

Source: SHEV.io

Exports in value, M $ US

Portugal's animal feed preparations exports have increased for the third consecutive year. In 2021, exports were valued at 137.7 million US dollars, equivalent to a 30.3% uptick compared to the previous year. Between 2018 and 2021, exports grew by 44.6%, with an annualized growth rate of 13.1%.

Annual dynamics of product's exports from Portugal in value, 2018-2021, M $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	2.6%	8.1%	30.3%	13.1%

Source: SHEV.io

Throughout 2018 to 2021, Spain, Angola, and Greece remained the three largest markets for Portugal's animal feed preparations exports in value terms. Together, they accounted for 71.1% of total export flows.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Portugal in value, 2018-2021

Source: SHEV.io

Imports animal feed preparations to Portugal

Imports in kind, K t

Portugal's animal feed preparations imports have increased for the second consecutive year. In 2021, imports reached 428.2 thousand tonnes, representing a robust 14.4% rise year-over-year. The lowest import volume was recorded in 2019 at 363.9 thousand tonnes, which saw the largest decline of 15.6%.

Annual dynamics of product's imports to Portugal in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(15.6%)	2.9%	14.4%	(0.2%)

Source: SHEV.io

From 2018 to 2021, Spain dominated Portugal's animal feed preparations imports in kind, concentrating 71.0% of total imports. The remaining flows were distributed among multiple smaller partners.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Portugal in kind, 2018-2021

Source: SHEV.io

Imports in value, M $ US

Portugal's animal feed preparations imports have increased for the second consecutive year. In 2021, imports totalled 417.5 million US dollars, constituting a strong 24.4% rise compared to 2020. Over the period from 2018 to 2021, imports grew by 17%, with a compound annual growth rate of 5.4%. The lowest value was recorded in 2019 at 320.3 million US dollars, which experienced the largest decline of 10.3%.

Annual dynamics of product's imports to Portugal in value, 2018-2021, M $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(10.3%)	4.8%	24.4%	5.4%

Source: SHEV.io

From 2018 to 2021, Spain, France, and Germany led as the top suppliers of animal feed preparations to Portugal in value terms. Spain accounted for 60.7% of imports, France for 12.7%, and Germany for 6.2%. Their combined share reached 79.6% of total imports in value terms.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Portugal in value, 2018-2021

Source: SHEV.io