Austria: Fire Extinguisher Market 2024

Fire Extinguisher Market Size in Austria

In 2022, the Austrian fire extinguisher market increased by 20% to $X, rising for the fifth consecutive year after three years of decline. Over the period under review, consumption continues to indicate a resilient expansion. Fire extinguisher consumption peaked in 2022 and is likely to see gradual growth in the near future.

Fire Extinguisher Production in Austria

In value terms, fire extinguisher production surged to $X in 2022 estimated in export price. Overall, production continues to indicate a significant increase. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Fire Extinguisher Exports

Exports from Austria

In 2022, approx. X units of fire extinguishers were exported from Austria; growing by 21% compared with the year before. Over the period under review, exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2013 when exports increased by 161% against the previous year. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, fire extinguisher exports fell markedly to $X in 2022. In general, exports recorded a strong expansion. The pace of growth was the most pronounced in 2014 with an increase of 213% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Switzerland (X units), the United States (X units) and Germany (X units) were the main destinations of fire extinguisher exports from Austria, together comprising 55% of total exports. Tajikistan, Indonesia, the UK and Mali lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +124.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for fire extinguishers exports from Austria, comprising 31% of total exports. The second position in the ranking was taken by the UK ($X), with a 13% share of total exports. It was followed by Germany, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +27.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+53.6% per year) and Germany (+7.4% per year).

Export Prices by Country

In 2022, the average fire extinguisher export price amounted to $X per unit, which is down by -63.5% against the previous year. Over the period under review, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2021 an increase of 196% against the previous year. As a result, the export price attained the peak level of $X per unit, and then shrank rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Switzerland ($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 Germany (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Fire Extinguisher Imports

Imports into Austria

In 2022, fire extinguisher imports into Austria contracted to X units, shrinking by -7.6% against the year before. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 59%. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, fire extinguisher imports amounted to $X in 2022. Over the period under review, total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.0% 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 +44.6% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 38% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Germany (X units) constituted the largest fire extinguisher supplier to Austria, accounting for a 86% share of total imports. Moreover, fire extinguisher imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), fivefold. Belgium (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+4.6% per year) and Belgium (+9.7% per year).

In value terms, Germany ($X) constituted the largest supplier of fire extinguishers to Austria, comprising 63% of total imports. The second position in the ranking was held by Belgium ($X), with an 8% share of total imports. It was followed by China, with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+3.7% per year) and China (+5.4% per year).

Import Prices by Country

The average fire extinguisher import price stood at $X per unit in 2022, rising by 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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