Forecast: Import of Reciprocating Positive Displacement Pumps to China

In 2023, China's import of reciprocating positive displacement pumps stood at an estimated 37.2 million kilograms. From 2024 to 2028, forecasts indicate a steady increase in import volume, reaching approximately 43.902 million kilograms by 2028. This represents a consistent annual growth, showcasing a modest yet positive trajectory in demand for these pumps within China. Calculating the compound annual growth rate (CAGR), these projections suggest an average annual increase of about 3.4% over this five-year period.

Future trends to watch for include:

  • The transition towards cleaner energy solutions and how it could influence the demand for different types of pumps.
  • Technological advancements in pump efficiency and their impact on import requirements.
  • Economic policies related to infrastructure investments and their potential to drive further demand.

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