In 2023, China imported a baseline volume of centrifugal pumps, setting a reference for future forecasts. From 2024, the projected import volumes show a consistent decline with a year-on-year decrease averaging around 2.8%. In 2024, the import volume is anticipated to be 27.787 million kilograms, progressively reducing to 25.292 million kilograms by 2028. This results in a compound annual growth rate (CAGR) of approximately -2.5% from 2024 to 2028.

Future trends to watch for include:

Technological advancements in domestic production that may reduce import dependency.
Policy changes in import tariffs and trade agreements affecting market dynamics.
Shifts in industrial demand within China potentially influencing import levels.