In 2023, the imports of live ornamental freshwater fish to Brazil stood at approximately 68.41 thousand US dollars. From 2024 onwards, a gradual decline is forecasted, with values decreasing from 67.42 thousand US dollars in 2024 to an expected 63.55 thousand US dollars by 2028. The year-on-year percentage decrease reflects a steady downward trend. Notably, there is a consistent decrease averaging around 1% annually over this five-year period.
Future trends to consider include:
- Potential economic factors affecting disposable income and consumer spending in Brazil.
- Environmental and ecological concerns influencing import regulations.
- Shifts in consumer interest towards alternative pet options or breeds.
- Developments in local breeding capabilities that could reduce reliance on imports.