Singapore - Fire Extinguishers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFire Extinguisher Price in Singapore - 2022
Contents:
- Fire Extinguisher Price in Singapore (CIF) - 2022
- Fire Extinguisher Price in Singapore (FOB) - 2022
- Fire Extinguisher Imports in Singapore
- Fire Extinguisher Exports in Singapore
Fire Extinguisher Price in Singapore (CIF) - 2022
In September 2022, the average fire extinguisher import price amounted to $22.5 per unit, shrinking by -56.6% against the previous month. Over the period under review, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in December 2021 when the average import price increased by 86% month-to-month. Over the period under review, average import prices hit record highs at $81.5 per unit in June 2022; however, from July 2022 to September 2022, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($92.9 per unit), while the price for Taiwan (Chinese) ($4.4 per unit) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Fire Extinguisher Price in Singapore (FOB) - 2022
The average fire extinguisher export price stood at $87 per unit in 2022, surging by 4.6% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 61%. Over the period under review, the average export prices attained the peak figure at $180 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($185 per unit), while the average price for exports to Vietnam ($19 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Fire Extinguisher Imports in Singapore
After three years of growth, overseas purchases of fire extinguishers decreased by -4.3% to 716K units in 2022. The total import volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 13%. As a result, imports reached the peak of 748K units, and then shrank modestly in the following year.
In value terms, fire extinguisher imports totaled $25M in 2022. Over the period under review, imports showed a relatively flat trend pattern. Imports peaked at $25M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Fire Extinguisher in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.1 | 9.6 | 9.2 | 11.0 | 2.9% |
| China | 2.5 | 3.0 | 3.0 | 4.0 | 17.0% |
| Taiwan (Chinese) | 2.2 | 1.5 | 2.7 | 3.2 | 13.3% |
| Malaysia | 0.8 | 0.9 | 1.0 | 0.9 | 4.0% |
| Italy | 0.4 | 0.3 | 1.3 | 0.7 | 20.5% |
| Denmark | 2.0 | 2.5 | 1.2 | 0.2 | -53.6% |
| Others | 6.8 | 4.4 | 4.1 | 4.6 | -12.2% |
| Total | 24.8 | 22.2 | 22.4 | 24.6 | -0.3% |
Top Suppliers of Fire Extinguisher to Singapore in 2022:
- China (299.8K units)
- Taiwan (Chinese) (265.8K units)
- Malaysia (65.8K units)
- Italy (28.6K units)
- United States (12.7K units)
- Denmark (4.0K units)
Fire Extinguisher Exports in Singapore
In 2022, fire extinguisher exports from Singapore expanded rapidly to 177K units, growing by 6.8% compared with the previous year. Overall, exports, however, showed a pronounced decline. The exports peaked at 205K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, fire extinguisher exports reached $15M in 2022. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. The exports peaked at $21M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Fire Extinguisher in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.0 | 3.8 | 6.0 | 6.4 | 2.2% |
| Indonesia | 2.6 | 1.3 | 0.9 | 1.6 | -14.9% |
| Australia | 0.1 | 0.2 | 0.3 | 1.3 | 135.1% |
| Vietnam | 1.5 | 1.2 | 1.4 | 1.3 | -4.7% |
| Hong Kong SAR | 0.4 | 0.3 | 0.3 | 0.6 | 14.5% |
| United Arab Emirates | 0.8 | 0.7 | 0.7 | 0.4 | -20.6% |
| Malaysia | 2.2 | 0.7 | 1.2 | 0.4 | -43.3% |
| Cambodia | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Myanmar | N/A | N/A | N/A | 0.1 | 0% |
| Others | 7.4 | 5.4 | 2.7 | 3.1 | -25.2% |
| Total | 21.1 | 13.6 | 13.8 | 15.4 | -10.0% |
Top Export Markets for Fire Extinguisher from Singapore in 2022:
- Vietnam (67.4K units)
- China (34.8K units)
- Australia (19.2K units)
- Indonesia (19.2K units)
- Hong Kong SAR (7.5K units)
- United Arab Emirates (4.1K units)
- Cambodia (3.4K units)
- Myanmar (3.3K units)
- Malaysia (2.3K units)
This report provides an in-depth analysis of the fire extinguisher market in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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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