In 2023, the import of hand pumps not designed to measure flow to the US stood at 17.179 million kilograms. Forecasted data indicates a steady increase: 2024 with 17.729 and reaching 20.292 million kilograms by 2028. From 2024 to 2025, the import volume is expected to grow by approximately 3.73%, and from 2025 to 2026 by 3.52%. The trend continues with 3.34% growth from 2026 to 2027 and 3.16% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is approximately 3.27%.
Future trends to watch for include changes in global supply chain dynamics, shifts in manufacturing practices, technological advancements, and policies on import tariffs or regulations, which could influence the import volumes and market dynamics significantly.
