Asia: Fire-Fighting Vehicle Market 2025

Fire-Fighting Vehicle Market Size in Asia

In 2021, the Asian fire-fighting vehicle market was finally on the rise to reach $X after three years of decline. Overall, consumption, however, saw a modest increase. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Fire-Fighting Vehicle Production in Asia

In value terms, fire-fighting vehicle production stood at $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 28%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Fire-Fighting Vehicle Exports

Exports in Asia

Fire-fighting vehicle exports skyrocketed to X units in 2021, increasing by 47% against the previous year. Total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +11.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +60.4% against 2018 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 66% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, fire-fighting vehicle exports surged to $X in 2021. Total exports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +11.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 97% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the three major exporters of fire-fighting vehicles, namely South Korea, Japan and China, represented more than two-thirds of total export. Singapore (X units) ranks next in terms of the total exports with an 11% share, followed by Turkey (9.6%). Hong Kong SAR (X units) and the United Arab Emirates (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +28.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Singapore ($X) and China ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 57% of total exports.

Among the main exporting countries, South Korea, with a CAGR of +33.4%, recorded the highest rates of growth with regard to 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

In 2021, the export price in Asia amounted to $X per unit, stabilizing at 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 2017 when the export price increased by 44%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+5.2%), while the other leaders experienced more modest paces of growth.

Fire-Fighting Vehicle Imports

Imports in Asia

In 2021, supplies from abroad of fire-fighting vehicles increased by 4.9% to X units, rising for the third year in a row after three years of decline. Total imports indicated a modest increase from 2012 to 2021: its volume increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +40.2% against 2018 indices. The pace of growth was the most pronounced in 2013 with an increase of 35%. The volume of import peaked at X units in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, fire-fighting vehicle imports declined modestly to $X in 2021. Total imports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +70.6% against 2018 indices. The pace of growth appeared the most rapid in 2019 with an increase of 43%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of fire-fighting vehicle imports in 2021 were China (X units), Kuwait (X units), the United Arab Emirates (X units), Hong Kong SAR (X units), Taiwan (Chinese) (X units), Saudi Arabia (X units), Mongolia (X units), Vietnam (X units), the Philippines (X units), Azerbaijan (X units), Japan (X units) and India (X units), together amounting to 70% of total import. South Korea (X units) took a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Taiwan (Chinese) (with a CAGR of +31.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Saudi Arabia ($X) and Kuwait ($X) constituted the countries with the highest levels of imports in 2021, with a combined 42% share of total imports. The United Arab Emirates, Taiwan (Chinese), Hong Kong SAR, Japan, Mongolia, South Korea, the Philippines, Vietnam, India and Azerbaijan lagged somewhat behind, together accounting for a further 38%.

Taiwan (Chinese), with a CAGR of +32.5%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Asia amounted to $X per unit, declining by -4.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2020 an increase of 15%. As a result, import price reached the peak level of $X per unit, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Saudi Arabia ($X per unit), while Azerbaijan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mongolia (+20.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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