In the past, it has not been helped by an over-supply of productive capacity. This problem has largely been solved by previous closures, so that many are now manufacturing at a satisfactory level. To overcome the declining level of demand from the home market an increasing number of companies are looking to the export market. Elsewhere, exports are more than offset by feed made, for the most, from non-indigenous products. Since 1992, a comparatively weak domestic currency has helped the industry to establish foreign markets.
Compounds are the only market which is forecast to grow over the period.
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