The import of live ornamental fish to the UK is expected to decline steadily from 2024 to 2028, with values starting at 984.31 thousand kilograms in 2024 and decreasing to 826.07 thousand kilograms by 2028. This reflects a consistent downward trend, with year-on-year reductions forecasted at approximately 4% to 5%. In comparison to historical data, 2023 figures are essential as a baseline for these forecasted values. The compound annual growth rate (CAGR) over the forecast period underscores this negative trajectory.
Future trends to watch for include:
- Environmental and ethical concerns affecting import regulations.
- Shifts in consumer preferences towards sustainable and local ornamental fish options.
- Potential disruptions in global supply chains impacting availability.