Other Feeds, Meals & Fodders
U.S. Other Feeds, Meals & Fodders Exports in 2022
Total Export Value
$3.98 Billion
Total Volume (Millions)
6 Metric Tons
3-Year Average
$3.64 Billion
Compound Average Growth
1.4% (2013-2022)
Top 10 Markets for Other Feeds, Meals & Fodders in 2022
Market | Total Value (USD) |
---|---|
Canada | $504.02 Million |
China | $477.7 Million |
Mexico | $331.65 Million |
Indonesia | $310.34 Million |
South Korea | $291.1 Million |
European Union | $287.32 Million |
Japan | $215.94 Million |
Vietnam | $174.48 Million |
Chile | $124.79 Million |
Colombia | $117.8 Million |
Data and Analysis
Peru is the largest fishmeal producer in the world. Fishmeal production in marketing year (MY) 2023/24 is forecast at 1.18 million metric tons, a 23 percent increase compared to the previous year's estimate.
MY 2023/24 European Union oilseed production is forecast to increase by over four percent over the previous drought affected year.
FAS/Mexico expects slower growth in the vegetable oil and oil meal sectors in marketing year (MY) 2023/24 compared to recent years, given potential declines in consumer purchasing power, a forecast slowdown in Mexico’s economy, and persistent inflation.