Forecast: Import of Equipment To Measure or Check Pressure to South Korea

The import of equipment to measure or check pressure to South Korea is forecasted to increase steadily from 2024 to 2028. In 2023, the volume stood at 3.4206 million kilograms. In 2024, the forecasted value is 3.5252 million kilograms, indicating a 3.06% year-on-year increase from the previous year. Expected values for subsequent years show a consistent upward trend: 3.6358 million kilograms in 2025 (+3.14%), 3.7442 million kilograms in 2026 (+2.97%), 3.8504 million kilograms in 2027 (+2.84%), and 3.9545 million kilograms in 2028 (+2.70%). The compound annual growth rate (CAGR) over the forecasted period stands at approximately 2.94%.

Future trends to watch for include advancements in industrial automation and technology, which may drive further demand for precise measuring and checking equipment. Additionally, South Korea's increasing focus on industries such as automotive, aerospace, and electronics could amplify the import volume of such equipment. Monitoring global supply chain shifts and trade policies will also be crucial for anticipating market dynamics.