United Kingdom: Fire Extinguisher Market 2024

Fire Extinguisher Market Size in the UK

In 2022, the UK fire extinguisher market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, showed a abrupt setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Fire Extinguisher Production in the UK

In value terms, fire extinguisher production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production faced a abrupt downturn. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Fire extinguisher production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Fire Extinguisher Exports

Exports from the UK

In 2022, shipments abroad of fire extinguishers increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports posted a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, fire extinguisher exports reduced slightly to $X in 2022. The total export value 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 throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, leveling off in the following year.

Exports by Country

The United States (X units), Germany (X units) and France (X units) were the main destinations of fire extinguisher exports from the UK, together accounting for X% of total exports. Italy, Ireland, the United Arab Emirates, the Netherlands, Ghana, Spain, Pakistan, Turkey, Saudi Arabia and Kenya 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 Spain (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 the UK were the United States ($X), Germany ($X) and France ($X), with a combined X% share of total exports. Italy, Ireland, the United Arab Emirates, the Netherlands, Ghana, Spain, Turkey, Saudi Arabia, Kenya and Pakistan lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, the Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, 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, dropping by X% against the previous year. In general, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the 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 Saudi Arabia ($X per unit), while the average price for exports to Pakistan ($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 the Netherlands (X%), while the prices for the other major destinations experienced a decline.

Fire Extinguisher Imports

Imports into the UK

In 2022, fire extinguisher imports into the UK soared to X units, with an increase of X% on the previous year's figure. Over the period under review, imports continue to indicate a resilient expansion. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, fire extinguisher imports soared to $X in 2022. In general, total imports indicated a prominent 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, imports increased by X% against 2020 indices. 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 the UK, with a X% share of total imports. Moreover, fire extinguisher imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold. Poland (X units) ranked third in terms of total imports with a X% share.

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

In value terms, China ($X), the United States ($X) and Poland ($X) were the largest fire extinguisher suppliers to the UK, with a combined X% share of total imports. Germany, Italy, Belgium, Denmark, France, Ireland and Spain lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Denmark, with a CAGR of X%, saw the highest growth rate of 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 average fire extinguisher import price stood at $X per unit in 2022, approximately reflecting the previous year. In general, the import price, however, recorded a perceptible slump. The pace of growth was the most pronounced in 2015 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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