In 2023, the import volume of compressors for refrigerating equipment to the US stood at 162.55 million kilograms. Forecasts indicate a gradual decline in imports, decreasing from 161.77 million kilograms in 2024 to 158.76 million kilograms by 2028. This reflects a compound annual growth rate (CAGR) decline of approximately 0.58% over these years. The year-on-year variations suggest a steady reduction, averaging a decrease of approximately 0.76% per year over the 5-year forecast period.
Future trends to watch include developments in energy-efficient refrigeration technology, which might influence demand for compressors. The shift towards more sustainable products and regulations might impact import volumes as the focus turns to innovation and potentially localized manufacturing.
