Forecast: Import of Electrical Measurement Recording Instruments to South Korea

The import of electrical measurement recording instruments to South Korea has shown variability from 2013 to 2023, with the highest value in 2023 at 171.94 million USD. Significant year-on-year fluctuations include a notable decrease in 2015 and 2020, and substantial increases in 2021 and 2022. The five-year CAGR from 2018 to 2023 indicates modest growth at 0.72%, demonstrating overall stability with minor upticks.

Considering future trends from 2024 to 2028, an expected growth rate of 5.05% over five years suggests a steady uptrend. However, factors such as technological advancements, global market shifts, and domestic demand are crucial variables to monitor.