Brazil: Fire Extinguisher Market 2024

Fire Extinguisher Market Size in Brazil

The Brazilian fire extinguisher market reached $X in 2023, remaining constant against the previous year. Overall, consumption, however, enjoyed strong growth. Fire extinguisher consumption peaked in 2023 and is likely to see steady growth in years to come.

Fire Extinguisher Production in Brazil

In value terms, fire extinguisher production rose to $X in 2023 estimated in export price. In general, production, however, showed a buoyant increase. The growth pace was the most rapid in 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Fire Extinguisher Exports

Exports from Brazil

In 2023, the amount of fire extinguishers exported from Brazil dropped notably to X units, which is down by X% compared with the year before. Overall, exports continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, fire extinguisher exports dropped to $X in 2023. Over the period under review, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X units), Uruguay (X units) and Bolivia (X units) were the main destinations of fire extinguisher exports from Brazil, together accounting for X% of total exports. Argentina, France, Chile, Angola, the UK and Mexico lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Chile (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fire extinguisher exported from Brazil were France ($X), Australia ($X) and Bolivia ($X), together accounting for X% of total exports. Uruguay, Chile, Argentina, Angola, Mexico and the UK lagged somewhat behind, together comprising a further X%.

Chile, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average fire extinguisher export price stood at $X per unit in 2023, jumping by X% against the previous year. Over the period under review, the export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum in 2023 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Angola ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fire Extinguisher Imports

Imports into Brazil

In 2023, fire extinguisher imports into Brazil dropped sharply to X units, with a decrease of X% compared with the previous year. Over the period under review, imports showed a pronounced downturn. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2023, the growth of imports failed to regain momentum.

In value terms, fire extinguisher imports fell significantly to $X in 2023. In general, imports saw a noticeable slump. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, the United States (X units) constituted the largest supplier of fire extinguisher to Brazil, with a X% share of total imports. Moreover, fire extinguisher imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), fivefold. The third position in this ranking was held by Italy (X units), with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Italy (X% per year).

In value terms, the United States ($X) constituted the largest supplier of fire extinguishers to Brazil, comprising X% of total imports. The second position in the ranking was taken by the UK ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and France (X% per year).

Import Prices by Country

The average fire extinguisher import price stood at $X per unit in 2023, approximately mirroring the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2023, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform