In 2023, the import of parts of pumps for liquids to Japan stood at 36.5 million kilograms. Forecasts predict a steady increase, with imports reaching 38.998 million kilograms by 2028. Compared to 2023, the year-on-year increase for 2024 is approximately 1.62%, and the trend continues with slight increments each subsequent year. The five-year compound annual growth rate (CAGR) is projected at 1.34%, indicating modest yet consistent growth in the sector.
Future trends to watch for include technological advancements in pump manufacturing, which may influence demand for imported parts. Additionally, fluctuations in global raw material prices and changes in domestic manufacturing capabilities could impact import volumes.
