U.S.: Fire-Fighting Vehicle Market 2023

Fire-Fighting Vehicle Market Size in the U.S.

After two years of growth, the U.S. fire-fighting vehicle market decreased by -9.2% to $X in 2021. Overall, the total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +59.9% against 2018 indices. As a result, consumption reached the peak level of $X, and then fell in the following year.

Fire-Fighting Vehicle Production in the U.S.

In value terms, fire-fighting vehicle production declined to $X in 2021. The total output value increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 23%. As a result, production attained the peak level of $X, and then contracted in the following year.

Fire-Fighting Vehicle Exports

Exports from the U.S.

In 2021, exports of fire-fighting vehicles from the United States contracted to X units, dropping by -7.7% against 2020. Over the period under review, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2017 with an increase of 43%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, fire-fighting vehicle exports contracted to $X in 2021. In general, exports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2013 with an increase of 18%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X units), Canada (X units) and Bahamas (X units) were the main destinations of fire-fighting vehicle exports from the United States.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +99.6%), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) remains the key foreign market for fire-fighting vehicles exports from the United States, comprising 49% of total exports. The second position in the ranking was taken by Kuwait ($X), with a 7.5% share of total exports. It was followed by the UK, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada totaled +1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+40.4% per year) and the UK (+99.8% per year).

Export Prices by Country

The average fire-fighting vehicle export price stood at $X per unit in 2021, rising by 7.6% against the previous year. Overall, export price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, fire-fighting vehicle export price increased by +60.9% against 2018 indices. The most prominent rate of growth was recorded in 2020 an increase of 44% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

Fire-Fighting Vehicle Imports

Imports into the U.S.

In 2021, supplies from abroad of fire-fighting vehicles decreased by -52% to X units for the first time since 2016, thus ending a four-year rising trend. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 408%. As a result, imports reached the peak of X units, and then fell dramatically in the following year.

In value terms, fire-fighting vehicle imports fell notably to $X in 2021. In general, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by 256% against the previous year. As a result, imports reached the peak of $X, and then contracted notably in the following year.

Imports by Country

Japan (X units), Canada (X units) and Austria (X units) were the main suppliers of fire-fighting vehicle imports to the United States, with a combined 89% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +78.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) constituted the largest supplier of fire-fighting vehicles to the United States, comprising 69% of total imports. The second position in the ranking was taken by Austria ($X), with a 20% share of total imports. It was followed by Japan, with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Canada amounted to +17.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+77.1% per year) and Japan (+66.4% per year).

Import Prices by Country

The average fire-fighting vehicle import price stood at $X per unit in 2021, with a decrease of -43.1% against the previous year. Over the period under review, the import price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2014 an increase of 15%. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+418.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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