The import of pumps fitted or designed to be fitted with a measuring device to China is forecasted to decline steadily from 2024 onwards. Starting at an import volume of 1.1638 million kilograms in 2024, it is expected to decrease to 0.58386 million kilograms by 2028. This represents a compound annual growth rate (CAGR) of approximately -15.96% over these five years.
Year-on-year variations show a consistent decline, reflecting reductions in demand or shifts towards domestically produced alternatives.
Future trends to watch for include potential changes in China's industrial demand patterns, government policies affecting imports, advancements in domestic pump technology, and environmental regulations influencing the type and source of imported equipment.
