The import of hydraulic brake fluids and other prepared liquids for hydraulic transmission to the US is forecasted to continue a steady increase from 12.072 million kilograms in 2024 to 13.235 million kilograms in 2028. This represents a year-on-year growth of approximately 2.5% to 2.8%. As of 2023, imports stood at 11.8 million kilograms, indicating a positive trend in demand.
Over the forecasted period (2024-2028), the compound annual growth rate (CAGR) is projected to be close to 2.3%, suggesting a stable increase in import volume. Future trends to monitor include the impact of technological advancements in hydraulic systems, potential changes in trade regulations, and evolving environmental standards that could influence import dynamics and product composition.
