Imports of dog and cat food are up 29% this year compared to last year and exports are up nearly 7%.
The petfood industry has exhibited little fluctuation in the level of imports and exports throughout the recession, especially when compared to swings in the overall trade market. Pet owners and manufacturers realize the necessity of such products, and therefore the industry continues with little volatility. January and February started 2011 off strong with increases in both vessel imports and exports. Imports are up 29% this year compared to last year and exports are up nearly 7% (Figure 1, see "More Images" tab at top).
The largest supplier of cat and dog food to the US for vessel imports is China, posting an impressive 70% import market share in the industry for February. Other top suppliers include Thailand, with an import market share of 25% (Figure 2).
While Cambodia’s current import market share is only 2%, that country recorded a noteworthy rise in exports to the US: a 114% increase from February 2010 to February of this year. Costa Rica also showed a very healthy year-over-year increase of 260%.
Japan is the largest buyer of petfood from the US; 50% of all US vessel exports of dog and cat food are destined for that country (Figure 3). Other top destinations include Australia and Taiwan, though the latter saw declines in both value and weight from February 2010 to February 2011.
Pricing analysis of vessel imports shows a 14% increase in the cost per kilogram from February 2010 to this February, increasing from US$3.68 per kilogram to US$4.19 per kilogram. Vessel exports saw a 16% rise in the cost of exports, increasing from US$1.61 per kilogram to US$1.87 per kilogram.
Similarly, the outlook for petfood imports and exports continues to be positive. The global demand for petfood is not likely to decrease drastically, even through price hikes, because of the necessity of such products. Recent fuel spikes will likely push prices even higher in the near future and shifts in suppliers may occur; however, the market will probably not experience a large slowdown.
More trends online
Find more information on types of trade data and how the petfood trade was faring during the height of the recession.
The top 10 petfood manufacturers continue to feel the effects of the global economic meltdown
The maker of raw and holistic diets seeks to help transform pets through its products, philosophy, education and research
The most recent theory is that feline idiopathic cystitis is caused by stress
Is the Proportions whole food nutrition program a healthier alternative to conventional diets?
This small family business prepares to introduce innovative, functional formulations beyond its signature cherry products
It gives more direct control to CVM in establishing and maintaining ingredient definitions
Public meetings invited comments and provided updates
Committees discussed key proposals such as a possible shift in the oversight of animal feeds
Read more of Dr. Mukund Parthasarathy's insights on the changing petfood retail market and how it affects petfood manufacturers large and small
As an industry, are we missing a huge opportunity to take advantage of another aspect of the human-pet bond?
While petfood shoppers continue to show strong brand loyalty, pet products have not been immune to the store brand swing
Under HTS code 230910 (harmonized tariff schedule code for dog and cat food), data show both imports and exports of petfood rising this year.
The largest supplier country to the US is China, posting a 70% market share, according to US vessel imports during February 2011 for dog and cat food.
Japan is the largest buyer of petfood from the US, with 50% of the US vessel exports of dog and cat food in February 2011.
--- Thank you for your patience ----
If you have any issues logging in or any other need feel free to contact us.