Key Market Indicators
Bruneian demand for pumps is expected to rise over the next five years. According to the latest statistics, import of pumps in Brunei is predicted to reach 2.63 million kilograms by 2026, up from 1.96 million kilograms in 2021. This represents a 5% annual growth rate. Since 2009, imports have increased by an impressive 63%. On the export side, Brunei is expected to ship out 36,530 kilograms of pumps by 2026, an increase of 1.1% year on year. Since 2009, however, exports have decreased by 7%. Overall, Brunei’s demand for pumps looks set to rise over the next five years.