Global Pyrotechnic Articles Market 2024

Pyrotechnic Articles Market Size

The global pyrotechnic articles market contracted to $X in 2022, waning by X% against the previous year. Overall, consumption continues to indicate a pronounced contraction. Global consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Pyrotechnic Articles Production

In value terms, pyrotechnic articles production dropped to $X in 2022 estimated in export price. Over the period under review, production saw a pronounced decrease. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, global production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Pyrotechnic Articles Exports

Exports

After two years of decline, shipments abroad of signalling flares, rain rockets, fog signals and other pyrotechnic articles increased by X% to X tons in 2022. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, pyrotechnic articles exports rose significantly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. The global exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Thailand (X tons), distantly followed by Germany (X tons), France (X tons), the United States (X tons) and the UK (X tons) represented the main exporters of signalling flares, rain rockets, fog signals and other pyrotechnic articles, together creating X% of total exports. Spain (X tons), El Salvador (X tons), Italy (X tons), Guatemala (X tons), China (X tons), the Czech Republic (X tons), India (X tons) and Sweden (X tons) followed a long way behind the leaders.

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

In value terms, France ($X), Germany ($X) and the United States ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of global exports. The UK, the Czech Republic, Sweden, Spain, Italy, China, Thailand, India, El Salvador and Guatemala lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, India, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average pyrotechnic articles export price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then reduced markedly in the following year.

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 the UK ($X per ton), while Guatemala ($X per ton) was amongst the lowest.

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

Pyrotechnic Articles Imports

Imports

In 2022, global pyrotechnic articles imports reached X tons, increasing by X% compared with the previous year's figure. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of global imports remained at a lower figure.

In value terms, pyrotechnic articles imports rose rapidly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Global imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the United States (X tons) was the key importer of signalling flares, rain rockets, fog signals and other pyrotechnic articles, constituting X% of total imports. It was distantly followed by Canada (X tons), Thailand (X tons) and Guatemala (X tons), together comprising a X% share of total imports. The UK (X tons), Spain (X tons), Germany (X tons), Afghanistan (X tons), France (X tons), Taiwan (Chinese) (X tons), Australia (X tons), Bolivia (X tons) and the Netherlands (X tons) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of X% from 2012 to 2022. At the same time, Afghanistan (X%), Taiwan (Chinese) (X%), Canada (X%), the Netherlands (X%) and Bolivia (X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Spain experienced a relatively flat trend pattern. By contrast, the UK (X%), Guatemala (X%), France (X%), Thailand (X%), Germany (X%) and Australia (X%) illustrated a downward trend over the same period. The United States (X p.p.), Canada (X p.p.), Afghanistan (X p.p.) and Taiwan (Chinese) (X p.p.) significantly strengthened its position in terms of the global imports, while the UK, France, Guatemala, Germany, Thailand and Australia saw its share reduced by X%, X%, X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), the UK ($X) and Afghanistan ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of global imports.

In terms of the main importing countries, Afghanistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average pyrotechnic articles import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then fell slightly in the following year.

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 the Netherlands ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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