In 2023, the import of live animals (excluding farm animals) to Brazil stood at a value significantly higher than the forecasted figures for the subsequent years. From 2024 to 2028, a downward trend in the import value is observed, with a steady decline each year. Specifically, the import value drops from $195.64K in 2024 to $157.95K in 2028. This trend reflects a consistent year-over-year decrease.
Key Year-on-Year Variations:
- 2024-2025: -4.97%
- 2025-2026: -5.11%
- 2026-2027: -5.28%
- 2027-2028: -5.46%
Over the entire forecast period, the compound annual growth rate (CAGR) indicates an average annual decrease of approximately -5.21%.
Future trends to watch for include shifts in Brazil's trade policies and global demand for exotic and non-farm live animals, which could significantly influence these import patterns. Additionally, the impact of environmental and regulatory changes on wildlife trade may further affect these trends.
