The forecasted import of live animals, excluding farm animals, to the UK is set to increase from 46.214 million USD in 2024 to 51.293 million USD in 2028. This reflects a steady year-on-year growth of approximately 2.8% from 2024 through 2028. In 2023, this sector stood at a lower value, indicating a consistent upward trend moving forward into the forecast years. The compound annual growth rate (CAGR) over this five-year period averages around 2.6% yearly, suggesting a stable and incremental rise in imports.
Future trends to watch for include potential impacts from global trade policies, evolving regulations related to animal welfare, and advancements in transportation and logistics efficiency which could affect import volumes and values. Additionally, market demand dynamics, influenced by both domestic and international factors, could further shape the trajectory of import figures in this segment.