South-Eastern Asia: Fire-Fighting Vehicle Market 2024

Fire-Fighting Vehicle Market Size in South-Eastern Asia

The Southeast Asian fire-fighting vehicle market fell slightly to $X in 2022, dropping by X% against the previous year. In general, consumption saw a mild reduction. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Fire-Fighting Vehicle Production in South-Eastern Asia

In value terms, fire-fighting vehicle production contracted to $X in 2022 estimated in export price. Overall, production showed a slight slump. The growth pace was the most rapid in 2015 with an increase of X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Fire-Fighting Vehicle Exports

Exports in South-Eastern Asia

In 2022, exports of fire-fighting vehicles in South-Eastern Asia contracted rapidly to X units, waning by X% compared with the previous year. In general, exports, however, recorded prominent growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X units, and then dropped remarkably in the following year.

In value terms, fire-fighting vehicle exports reduced markedly to $X in 2022. Over the period under review, exports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then fell notably in the following year.

Exports by Country

Singapore was the largest exporting country with an export of about X units, which amounted to X% of total exports. Indonesia (X units) held the second position in the ranking, distantly followed by Thailand (X units) and Malaysia (X units). All these countries together held approx. X% share of total exports.

Singapore was also the fastest-growing in terms of the fire-fighting vehicles exports, with a CAGR of X% from 2012 to 2022. At the same time, Indonesia (X%) and Malaysia (X%) displayed positive paces of growth. By contrast, Thailand (X%) illustrated a downward trend over the same period. While the share of Singapore (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Malaysia (X p.p.) and Thailand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest fire-fighting vehicle supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Indonesia ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

In Singapore, fire-fighting vehicle exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Indonesia (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then dropped in the following year.

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

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

Fire-Fighting Vehicle Imports

Imports in South-Eastern Asia

In 2022, the amount of fire-fighting vehicles imported in South-Eastern Asia declined notably to X units, falling by X% compared with the previous year's figure. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, fire-fighting vehicle imports shrank sharply to $X in 2022. Over the period under review, imports showed a perceptible decline. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Indonesia was the main importer of fire-fighting vehicles in South-Eastern Asia, with the volume of imports finishing at X units, which was near X% of total imports in 2022. Singapore (X units) took the second position in the ranking, followed by Vietnam (X units), the Philippines (X units), Malaysia (X units) and Thailand (X units). All these countries together held approx. X% share of total imports. Myanmar (X units) and Brunei Darussalam (X units) followed a long way behind the leaders.

Imports into Indonesia increased at an average annual rate of X% from 2012 to 2022. At the same time, Myanmar (X%) and Singapore (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Brunei Darussalam and Malaysia experienced a relatively flat trend pattern. By contrast, Vietnam (X%), the Philippines (X%) and Thailand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Indonesia, Singapore and Myanmar increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest fire-fighting vehicle importing markets in South-Eastern Asia were Vietnam ($X), Singapore ($X) and Thailand ($X), with a combined X% share of total imports. Indonesia, the Philippines, Malaysia, Myanmar and Brunei Darussalam lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Myanmar, with a CAGR of X%, saw 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 South-Eastern Asia stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the import price showed a pronounced contraction. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per unit), while Brunei Darussalam ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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