The import of live animals, excluding farm animals, to the US is projected to show a steady decline over the next five years, starting from a value of 1.3585 million in 2024 and decreasing to 1.1216 million by 2028. Comparatively, data from 2023 would have indicated a slightly higher import volume, emphasizing a consistent downward trend. The year-on-year percentage reveals a gradual reduction, reflecting shifts in market dynamics and possibly stricter regulations or changing consumer preferences. The Compound Annual Growth Rate (CAGR) over this period suggests an average decline, underscoring the sustained reduction in importation frequency and volume.
Future trends to watch for include potential impacts of trade policy changes, international wildlife protection agreements, and shifts in consumer demand for exotic pets. Stakeholders should also monitor technological advancements in breeding and preservation, which could further influence these trends.
