Norway: Fire Extinguisher Market 2024

Fire Extinguisher Market Size in Norway

The Norwegian fire extinguisher market soared to $X in 2022, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Fire Extinguisher Exports

Exports from Norway

Fire extinguisher exports from Norway shrank markedly to X units in 2022, reducing by X% against 2021. Overall, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, fire extinguisher exports declined to $X in 2022. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Finland (X units), Sweden (X units) and Poland (X units) were the main destinations of fire extinguisher exports from Norway, with a combined X% share of total exports.

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

In value terms, the largest markets for fire extinguisher exported from Norway were China ($X), Germany ($X) and the United States ($X), together accounting for X% of total exports. Finland, Sweden, Poland, Denmark and South Korea lagged somewhat behind, together accounting for a further X%.

Finland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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

The average fire extinguisher export price stood at $X per unit in 2022, surging by X% against the previous year. In general, the export price enjoyed slight growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the average export prices failed to regain momentum.

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

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Fire Extinguisher Imports

Imports into Norway

In 2022, the amount of fire extinguishers imported into Norway rose notably to X units, with an increase of X% compared with 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, fire extinguisher imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of fire extinguisher to Norway, accounting for a X% share of total imports. Moreover, fire extinguisher imports from China exceeded the figures recorded by the second-largest supplier, Poland (X units), fourfold. Sweden (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Sweden (X% per year).

In value terms, the largest fire extinguisher suppliers to Norway were China ($X), Sweden ($X) and Poland ($X), with a combined X% share of total imports. Germany, Italy and Greece lagged somewhat behind, together accounting for a further X%.

Greece, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average fire extinguisher import price amounted to $X per unit, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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