Mexico - Fire Extinguishers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFire Extinguisher Price in Mexico - 2023
Contents:
- Fire Extinguisher Price in Mexico (FOB) - 2023
- Fire Extinguisher Price in Mexico (CIF) - 2023
- Fire Extinguisher Exports in Mexico
- Fire Extinguisher Imports in Mexico
Fire Extinguisher Price in Mexico (FOB) - 2023
In August 2023, the average fire extinguisher export price amounted to $14.0 per unit, rising by 4.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in December 2022 an increase of 7.4% m-o-m. The export price peaked in August 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From August 2022 to August 2023, the rate of growth in terms of prices for the United States amounted to +1.3% per month.
Fire Extinguisher Price in Mexico (CIF) - 2023
The average fire extinguisher import price stood at $31.7 per unit in August 2023, surging by 79% against the previous month. Overall, import price indicated buoyant growth from August 2022 to August 2023: its price increased at an average monthly rate of +5.7% 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 import price increased by +32.1% against April 2023 indices. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 113% m-o-m. Over the period under review, average import prices reached the peak figure in August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($46.0 per unit), while the price for China totaled $14.5 per unit.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+4.8%).
Fire Extinguisher Exports in Mexico
In 2022, fire extinguisher exports from Mexico dropped rapidly to 1M units, which is down by -58.9% on the previous year. In general, exports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. As a result, the exports attained the peak of 2.4M units, and then reduced rapidly in the following year.
In value terms, fire extinguisher exports dropped to $141M in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of $154M, and then dropped in the following year.
| Export of Fire Extinguisher in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 2,159 | 652 | 764 | 1,215 | -17.4% |
| Venezuela | 536 | 594 | 671 | 765 | 12.6% |
| Egypt | 1,742 | 2,045 | 445 | 420 | -37.8% |
| Guatemala | 249 | 109 | 188 | 309 | 7.5% |
| Peru | 19.6 | 36.2 | 220 | 225 | 125.6% |
| Panama | 260 | 132 | 148 | 183 | -11.0% |
| Colombia | 241 | 75.5 | 88.0 | 137 | -17.2% |
| El Salvador | 21.6 | 2.0 | 70.4 | 23.0 | 2.1% |
| New Zealand | 28.1 | 0.4 | 0.3 | 0.2 | -80.8% |
| Others | 134,833 | 116,341 | 151,267 | 138,182 | 0.8% |
| Total | 140,090 | 119,987 | 153,862 | 141,461 | 0.3% |
Top Export Markets for Fire Extinguisher from Mexico in 2022:
- Venezuela (240.3K units)
- Saudi Arabia (216.9K units)
- Guatemala (156.2K units)
- Panama (73.5K units)
- El Salvador (70.5K units)
- Peru (67.1K units)
- New Zealand (52.0K units)
- Colombia (26.9K units)
Fire Extinguisher Imports in Mexico
In 2022, approx. 264K units of fire extinguishers were imported into Mexico; declining by -54.6% compared with the year before. Over the period under review, imports recorded a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Over the period under review, imports reached the maximum at 640K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, fire extinguisher imports soared to $27M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fire Extinguisher in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.7 | 3.0 | 4.7 | 6.1 | 18.1% |
| Spain | 0.2 | 0.2 | 0.2 | N/A | 0.0% |
| Others | 18.7 | 14.9 | 16.9 | 20.5 | 3.1% |
| Total | 22.6 | 18.1 | 21.7 | 26.7 | 5.7% |
Top Suppliers of Fire Extinguisher to Mexico in 2022:
- China (251.4K units)
- Spain (0.2K units)
This report provides an in-depth analysis of the fire extinguisher market in Mexico. 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:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In June 2023, Fire Extinguisher exports reached a peak of 1.4M units. However, from July to December 2023, they struggled to regain momentum. By December 2023, Fire Extinguisher exports had soared to a value of $14M.
296
In January 2023, the fire extinguisher price amounted to $13.1 per unit (FOB, Mexico), standing approximately at the previous month.
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117
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296
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