South-Eastern Asia: Fire Extinguisher Market 2024

Fire Extinguisher Market Size in South-Eastern Asia

In 2022, the Southeast Asian fire extinguisher market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. The total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Fire Extinguisher Production in South-Eastern Asia

In value terms, fire extinguisher production contracted to $X in 2022 estimated in export price. Over the period under review, production faced a abrupt decline. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Fire Extinguisher Exports

Exports in South-Eastern Asia

In 2022, the amount of fire extinguishers exported in South-Eastern Asia expanded notably to X units, with an increase of X% compared with 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, fire extinguisher exports expanded sharply to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Malaysia was the key exporter of fire extinguishers in South-Eastern Asia, with the volume of exports accounting for X units, which was near X% of total exports in 2022. It was distantly followed by Singapore (X units), committing a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of X%).

In value terms, Singapore ($X) and Malaysia ($X) constituted the countries with the highest levels of exports in 2022.

Among the main exporting countries, Singapore, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while Malaysia stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%).

Fire Extinguisher Imports

Imports in South-Eastern Asia

In 2022, imports of fire extinguishers in South-Eastern Asia expanded notably to X units, picking up by X% against 2021 figures. Over the period under review, imports enjoyed a resilient expansion. The growth pace was the most rapid in 2018 when imports increased by X%. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, fire extinguisher imports soared to $X in 2022. Total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Singapore (X units) and Vietnam (X units) represented the major importers of fire extinguishers in South-Eastern Asia, together recording approx. X% of total imports. Malaysia (X units) ranks next in terms of the total imports with a X% share, followed by the Philippines (X%), Myanmar (X%) and Thailand (X%). Indonesia (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Philippines (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Singapore ($X) and the Philippines ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, the Philippines, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the import price, however, showed a deep setback. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Philippines ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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