Vegetable materials and vegetable waste, vegetable residues and by-products: whether or not in the form of pellets, of a kind used in animal feeding, not elsewhere specified or included

In 2024, vegetable materials and vegetable waste, vegetable residues and by-products: whether or not in the form of pellets, of a kind used in animal feeding, not elsewhere specified or included trade exhibited slight decline, with global flows reaching $1,007,876,928 and a three-year compound annual growth rate of +1.6% (five-year: +3.0%). The all-time peak of $1,100,264,154 was recorded in 2022; the current level is 8% below that high-water mark.

Over the 30-year observation window (1995–2024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (+0.4% acceleration).

The supply side is diversified (Herfindahl-Hirschman Index 0.101). The three largest exporters — Argentina ($281.9M), India ($79.9M), and Netherlands ($79.6M) — collectively dominate supply flows. The leading exporter has grown at +0.3% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.057). The three largest import markets are Germany ($112.4M), United Kingdom ($93.6M), and Ireland ($92.5M). The largest importing market sources from 58 different supplying countries.

The dominant trade corridor is Argentina → United Kingdom at $55.1M, representing 58.9% of the importer's total demand.

The volatility score for vegetable materials and vegetable waste, vegetable residues and by-products: whether or not in the form of pellets, of a kind used in animal feeding, not elsewhere specified or included is 4 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.