Asia-Pacific: Fire-Fighting Vehicle Market 2025

Fire-Fighting Vehicle Market Size in Asia-Pacific

In 2021, the Asia-Pacific fire-fighting vehicle market decreased by -0.6% to $X, falling for the fourth consecutive year after two years of growth. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Fire-Fighting Vehicle Production in Asia-Pacific

In value terms, fire-fighting vehicle production totaled $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 25%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Fire-Fighting Vehicle Exports

Exports in Asia-Pacific

In 2021, the amount of fire-fighting vehicles exported in Asia-Pacific surged to X units, growing by 64% against 2020. Over the period under review, exports enjoyed strong growth. The pace of growth appeared the most rapid in 2013 when exports increased by 84% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, fire-fighting vehicle exports soared to $X in 2021. Overall, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2013 when exports increased by 156% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in years to come.

Exports by Country

The biggest shipments were from South Korea (X units), Japan (X units) and China (X units), together resulting at 77% of total export. Singapore (X units) ranks next in terms of the total exports with a 12% share, followed by Hong Kong SAR (4.5%). New Zealand (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by South Korea (with a CAGR of +28.8%), while the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Singapore ($X) and China ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 67% share of total exports.

Among the main exporting countries, South Korea, with a CAGR of +33.4%, saw 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

The export price in Asia-Pacific stood at $X per unit in 2021, picking up by 10% against the previous year. Export price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the export price increased by 47% against the previous year. The level of export peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+12.6%), while the other leaders experienced more modest paces of growth.

Fire-Fighting Vehicle Imports

Imports in Asia-Pacific

In 2021, overseas purchases of fire-fighting vehicles increased by 0.5% to X units, rising for the third year in a row after two years of decline. Total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +7.5% 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 +38.7% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of 35% against the previous year. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, fire-fighting vehicle imports fell slightly to $X in 2021. In general, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 71% against the previous year. The level of import peaked at $X in 2020, and then dropped in the following year.

Imports by Country

In 2021, China (X units), followed by Hong Kong SAR (X units), Taiwan (Chinese) (X units), Vietnam (X units), the Philippines (X units), Australia (X units), Japan (X units) and India (X units) were the major importers of fire-fighting vehicles, together making up 69% of total imports. South Korea (X units), Singapore (X units), Afghanistan (X units), Malaysia (X units) and Macao SAR (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +36.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported fire-fighting vehicles in Asia-Pacific, comprising 32% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 9.4% share of total imports. It was followed by Hong Kong SAR, with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China amounted to +23.5%. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (+32.5% per year) and Hong Kong SAR (+16.9% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2021, with a decrease of -4% against the previous year. Import price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +3.0% 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 import price increased by +60.7% against 2015 indices. The growth pace was the most rapid in 2019 an increase of 26%. Over the period under review, import prices hit record highs at $X per unit in 2020, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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