Preparations And Charges For Fire-Extinguishers, Charged Fire- Extinguishing Grenades Prices in China

China Preparations And Charges For Fire-Extinguishers, Charged Fire- Extinguishing Grenades Export Price in September 2022

In September 2022, the preparations and charges for fire-extinguishers, charged fire- extinguishing grenades price amounted to $1,375 per ton (FOB, China), with a decrease of -2.5% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2022 when the average export price increased by 44% m-o-m. As a result, the export price reached the peak level of $1,480 per ton. From May 2022 to September 2022, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In September 2022, the country with the highest price was India ($3,992 per ton), while the average price for exports to Thailand ($634 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.

China Preparations And Charges For Fire-Extinguishers, Charged Fire- Extinguishing Grenades Exports

In September 2022, overseas shipments of preparations and charges for fire-extinguishers, charged fire- extinguishing grenades decreased by -4.8% to 3.2K tons, falling for the second month in a row after three months of growth. Overall, exports saw a mild curtailment. The pace of growth appeared the most rapid in March 2022 with an increase of 74% m-o-m. Over the period under review, the exports of attained the peak figure at 5.1K tons in July 2022; however, from August 2022 to September 2022, the exports failed to regain momentum.

In value terms, exports of preparations and charges for fire-extinguishers, charged fire- extinguishing grenades contracted to $4.4M (IndexBox estimates) in September 2022. In general, exports saw a slight decrease. The most prominent rate of growth was recorded in March 2022 when exports increased by 83% against the previous month. The exports peaked at 6.3K tons in July 2022; however, from August 2022 to September 2022, the exports stood at a somewhat lower figure.

China Preparations And Charges For Fire-Extinguishers, Charged Fire- Extinguishing Grenades Exports by Country

Indonesia (739 tons) was the main destination for exports of preparations and charges for fire-extinguishers, charged fire- extinguishing grenades from China, accounting for a 23% share of total exports. Moreover, exports of preparations and charges for fire-extinguishers, charged fire- extinguishing grenades to Indonesia exceeded the volume sent to the second major destination, South Korea (353 tons), twofold. The third position in this ranking was held by Thailand (340 tons), with an 11% share.

From January 2022 to September 2022, the average monthly growth rate of volume to Indonesia was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: South Korea (-3.1% per month) and Thailand (+2.9% per month).

In value terms, Indonesia ($1.4M) remains the key foreign market for preparations and charges for fire-extinguishers, charged fire- extinguishing grenades exports from China, comprising 32% of total exports. The second position in the ranking was held by Spain ($511K), with an 11% share of total exports. It was followed by South Korea, with a 10% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of value to Indonesia amounted to +2.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Spain (+23.5% per month) and South Korea (-2.1% per month).