Finland - Fire Extinguishers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Finland - Fire Extinguishers - Market Analysis, Forecast, Size, Trends And Insights

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Fire Extinguisher Price in Finland - 2023

Contents:

  1. Fire Extinguisher Price in Finland (CIF) - 2022
  2. Fire Extinguisher Price in Finland (FOB) - 2023
  3. Fire Extinguisher Imports in Finland
  4. Fire Extinguisher Exports in Finland

Fire Extinguisher Price in Finland (CIF) - 2022

The average fire extinguisher import price stood at $38 per unit in 2022, rising by 13% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 17% against the previous year. Over the period under review, average import prices reached the maximum at $40 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($70 per unit), while the price for Poland ($17 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Fire Extinguisher Price in Finland (FOB) - 2023

The average fire extinguisher export price stood at $76.6 per unit in August 2023, rising by 88% against the previous month. In general, export price indicated a measured expansion from August 2022 to August 2023: its price increased at an average monthly rate of +3.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, fire extinguisher export price increased by +125.0% against April 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In August 2023, the country with the highest price was Germany ($61.1 per unit), while the average price for exports to the Netherlands ($46.5 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.4%), while the prices for the other major destinations experienced a decline.

Fire Extinguisher Imports in Finland

In 2022, supplies from abroad of fire extinguishers decreased by -5.4% to 391K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 24% against the previous year. Over the period under review, imports hit record highs at 413K units in 2021, and then contracted in the following year.

In value terms, fire extinguisher imports totaled $15M in 2022. The total import value increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 23% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Import of Fire Extinguisher in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden3.53.12.83.1-4.0%
Poland2.12.32.82.911.4%
China1.41.71.41.40.0%
Germany1.13.43.31.35.7%
Italy0.50.40.60.4-7.2%
Others2.43.02.95.733.4%
Total11.213.814.014.910.0%

Top Suppliers of Fire Extinguisher to Finland in 2022:

  1. Poland (173.7K units)
  2. Sweden (99.6K units)
  3. China (71.9K units)
  4. Italy (20.3K units)
  5. Germany (18.7K units)

Fire Extinguisher Exports in Finland

In 2022, after two years of decline, there was significant growth in overseas shipments of fire extinguishers, when their volume increased by 47% to 31K units. Over the period under review, exports, however, showed a deep downturn. Over the period under review, the exports reached the peak figure at 54K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, fire extinguisher exports contracted to $4.9M in 2022. In general, exports, however, saw a sharp downturn. The exports peaked at $9.9M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Fire Extinguisher in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,765452503857-21.4%
Sweden4595366645828.2%
Uruguay18.421.1361263142.7%
United States24755.40.5132-18.8%
Denmark38.851.791.352.010.3%
Estonia33937.323.235.9-52.7%
Iceland31.126.716.726.3-5.4%
China2,9984,4881,15312.3-84.0%
Poland6911284158.3-77.1%
Others3,3241,5881,8452,893-4.5%
Total9,9107,3855,0734,862-21.1%

Top Export Markets for Fire Extinguisher from Finland in 2022:

  1. Poland (undefinedK units)
  2. Sweden (4.6K units)
  3. Germany (3.1K units)
  4. Uruguay (1.9K units)
  5. United States (0.6K units)
  6. Denmark (0.6K units)
  7. Iceland (0.3K units)
  8. Estonia (0.2K units)
  9. China (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fire extinguisher market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28292210 - Fire extinguishers

Country coverage:

  • Finland

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Finland
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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