Asia: Fire-Fighting Vehicle Market 2024

Fire-Fighting Vehicle Market Size in Asia

The Asian fire-fighting vehicle market fell slightly to $X in 2022, with a decrease of X% against the previous year. Overall, consumption showed a pronounced curtailment. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Fire-Fighting Vehicle Production in Asia

In value terms, fire-fighting vehicle production fell slightly to $X in 2022 estimated in export price. In general, production, however, saw a perceptible downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Fire-Fighting Vehicle Exports

Exports in Asia

For the third consecutive year, Asia recorded growth in shipments abroad of fire-fighting vehicles, which increased by X% to X units in 2022. Overall, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, fire-fighting vehicle exports soared to $X in 2022. In general, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in years to come.

Exports by Country

In 2022, Japan (X units) and China (X units) were the key exporters of fire-fighting vehicles in Asia, together finishing at approx. X% of total exports. It was distantly followed by the United Arab Emirates (X units), South Korea (X units), Oman (X units) and Turkey (X units), together committing a X% share of total exports. Singapore (X units) held a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) emerged as the largest fire-fighting vehicle supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: China (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in Asia stood at $X per unit in 2022, declining by X% against the previous year. Overall, the export price showed a noticeable slump. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Oman ($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 United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Fire-Fighting Vehicle Imports

Imports in Asia

In 2022, after three years of growth, there was decline in supplies from abroad of fire-fighting vehicles, when their volume decreased by X% to X units. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, fire-fighting vehicle imports declined remarkably to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the nine major importers of fire-fighting vehicles, namely Azerbaijan, Qatar, Indonesia, Hong Kong SAR, Iraq, the United Arab Emirates, India, Kuwait and China, represented more than two-thirds of total import. The following importers - Jordan (X units), Singapore (X units), Vietnam (X units) and Macao SAR (X units) - each amounted to an X% share of total imports.

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

In value terms, the largest fire-fighting vehicle importing markets in Asia were Qatar ($X), China ($X) and Kuwait ($X), with a combined X% share of total imports. The United Arab Emirates, Iraq, Hong Kong SAR, India, Azerbaijan, Jordan, Vietnam, Macao SAR, Singapore and Indonesia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Jordan, with a CAGR of X%, recorded the highest rates of growth with regard to 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 Asia stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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