In 2023, the UK imported 144.5 thousand Positive Displacement Rotary Gear Pumps. The forecast from 2024 to 2028 shows a steady increase from 146.55 to 158.38 thousand items. Year-on-year variation indicates modest growth: 2.08% in 2025, 1.99% in 2026, 1.92% in 2027, and 1.85% in 2028. Over the five-year period, the compound annual growth rate (CAGR) is approximately 1.89%.
Future trends to watch for include:
- Technological advancements impacting pump efficiency and demand.
- Potential effects of the UK's trade policies on import dynamics.
- Economic factors influencing industrial demand in various sectors.
- Sustainability initiatives affecting product preferences.