SADC: Fire Extinguisher Market 2024

Fire Extinguisher Market Size in SADC

The SADC fire extinguisher market skyrocketed to $X in 2022, surging by X% against the previous year. In general, consumption, however, showed significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Fire Extinguisher Production in SADC

In value terms, fire extinguisher production reached $X in 2022 estimated in export price. In general, production, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Fire Extinguisher Exports

Exports in SADC

For the fifth year in a row, SADC recorded growth in shipments abroad of fire extinguishers, which increased by X% to X units in 2022. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, fire extinguisher exports soared to $X in 2022. Total exports indicated a pronounced expansion 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

South Africa prevails in exports structure, amounting to X units, which was approx. X% of total exports in 2022. Namibia (X units) held a minor share of total exports.

South Africa was also the fastest-growing in terms of the fire extinguishers exports, with a CAGR of X% from 2012 to 2022. At the same time, Namibia (X%) displayed positive paces of growth. While the share of South Africa (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest fire extinguisher supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Namibia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%.

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, increasing by X% against the previous year. In general, the export price, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 South Africa ($X per unit), while Namibia stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Fire Extinguisher Imports

Imports in SADC

Fire extinguisher imports contracted modestly to X units in 2022, shrinking by X% on 2021. The total import volume increased at an average annual rate of X% over the period 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 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then shrank modestly in the following year.

In value terms, fire extinguisher imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

South Africa prevails in imports structure, resulting at X units, which was near X% of total imports in 2022. Tanzania (X units) held the second position in the ranking, followed by Angola (X units). All these countries together held near X% share of total imports. Mozambique (X units), Botswana (X units), Namibia (X units) and Democratic Republic of the Congo (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to fire extinguisher imports into South Africa stood at X%. At the same time, Namibia (X%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Mozambique, Tanzania and Angola experienced a relatively flat trend pattern. By contrast, Democratic Republic of the Congo (X%) and Botswana (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa and Democratic Republic of the Congo increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported fire extinguishers in SADC, comprising X% of total imports. The second position in the ranking was taken by Angola ($X), with a X% share of total imports. It was followed by Tanzania, with an X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa was relatively modest. In the other countries, the average annual rates were as follows: Angola (X% per year) and Tanzania (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per unit, with an increase of X% against the previous year. In general, the import price, however, saw a pronounced slump. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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