In 2023, the import value of liquid supply or production meters, including calibrating meters to China, stood at approximately 18 million US Dollars. Forecasts indicate a gradual decline from 18.061 million in 2024 to 17.665 million by 2028. Year-on-year, there is a slight decrease each year: 0.57% in 2025, 0.56% in 2026, 0.55% in 2027, and 0.54% in 2028. Over the five-year period, the compound annual growth rate (CAGR) shows a consistent negative trend.

Future trends to watch for:

Technological innovations potentially reversing the decline as advanced meters may drive demand.
Regulatory changes impacting imports significantly.
Economic conditions affecting broader consumption patterns in relevant industries.