As of 2023, the import value of equipment to measure or check gas or liquid properties (excluding level or pressure) was $15.2 million. The forecast indicates a steady year-on-year growth from 2024 through 2028, with projected import values rising from $15.36 million in 2024 to $15.958 million in 2028. This represents a consistent annual increase, averaging around 1% Growth Annually (CAGR) over the five-year period.

Future trends to watch for:

Increasing demand due to technological advancements in analytical equipment that offers real-time measurements.
Potential trade policy changes affecting import dynamics.
Economic fluctuations that may impact investment in infrastructure or research facilities that require high-precision measurement devices.