Malaysia: Fire Extinguisher Market 2024

Fire Extinguisher Market Size in Malaysia

The Malaysian fire extinguisher market declined to $X in 2022, which is down by X% against the previous year. Over the period under review, the total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Fire extinguisher consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Fire Extinguisher Production in Malaysia

In value terms, fire extinguisher production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Fire extinguisher production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Fire Extinguisher Exports

Exports from Malaysia

In 2022, approx. X units of fire extinguishers were exported from Malaysia; surging by X% on the previous year's figure. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, fire extinguisher exports amounted to $X in 2022. Over the period under review, exports, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X units), Singapore (X units) and South Korea (X units) were the main destinations of fire extinguisher exports from Malaysia, with a combined X% share of total exports. The United States, Kuwait, New Zealand, the United Arab Emirates, Brunei Darussalam, Vietnam, Hong Kong SAR, Denmark, Mauritius and Thailand lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by New Zealand (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fire extinguisher exported from Malaysia were South Korea ($X), Australia ($X) and Singapore ($X), with a combined X% share of total exports. The United States, Hong Kong SAR, Vietnam, the United Arab Emirates, Kuwait, New Zealand, Brunei Darussalam, Denmark, Mauritius and Thailand lagged somewhat behind, together accounting for a further X%.

New Zealand, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average fire extinguisher export price amounted to $X per unit, falling by X% against the previous year. Over the period under review, the export price continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2020 an increase of X%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Singapore ($X 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 Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fire Extinguisher Imports

Imports into Malaysia

In 2022, supplies from abroad of fire extinguishers increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, imports saw a tangible expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, fire extinguisher imports soared to $X in 2022. Over the period under review, imports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), the United States (X units) and Japan (X units) were the main suppliers of fire extinguisher imports to Malaysia, together accounting for X% of total imports.

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

In value terms, China ($X) constituted the largest supplier of fire extinguishers to Malaysia, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Japan (X% per year).

Import Prices by Country

The average fire extinguisher import price stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the import price, however, saw a abrupt setback. The import price peaked at $X per unit in 2015; however, from 2016 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 Singapore ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :