Brazil: Fire Extinguisher Market 2024

Fire Extinguisher Market Size in Brazil

The Brazilian fire extinguisher market fell to $X in 2022, stabilizing at the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Fire Extinguisher Production in Brazil

In value terms, fire extinguisher production shrank modestly to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 21%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Fire Extinguisher Exports

Exports from Brazil

In 2022, shipments abroad of fire extinguishers increased by 9.2% to X units, rising for the second year in a row after two years of decline. Overall, exports, however, saw a abrupt decrease. The growth pace was the most rapid in 2017 when exports increased by 28%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, fire extinguisher exports amounted to $X in 2022. In general, exports, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 58% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X units), Uruguay (X units) and Bolivia (X units) were the main destinations of fire extinguisher exports from Brazil, with a combined 76% share of total exports. Argentina, Singapore, Belgium and South Korea lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +134.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Uruguay ($X) and Bolivia ($X) appeared to be the largest markets for fire extinguisher exported from Brazil worldwide, with a combined 44% share of total exports. Singapore, Argentina, South Korea and Belgium lagged somewhat behind, together comprising a further 20%.

Belgium, with a CAGR of +135.3%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average fire extinguisher export price amounted to $X per unit, rising by 2.1% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 Singapore ($X per unit), while the average price for exports to Uruguay ($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 Belgium (-1.2%), while the prices for the other major destinations experienced a decline.

Fire Extinguisher Imports

Imports into Brazil

In 2022, purchases abroad of fire extinguishers increased by 4,614% to X units for the first time since 2018, thus ending a three-year declining trend. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, fire extinguisher imports surged to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X units), Germany (X units) and China (X units) were the main suppliers of fire extinguisher imports to Brazil, with a combined 2.3% share of total imports. The UK, Italy, Cyprus and France lagged somewhat behind, together comprising a further 0.7%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +29.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of fire extinguishers to Brazil, comprising 75% of total imports. The second position in the ranking was held by the UK ($X), with a 5.7% share of total imports. It was followed by France, with a 5% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at -2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+20.6% per year) and France (+17.1% per year).

Import Prices by Country

The average fire extinguisher import price stood at $X per unit in 2022, reducing by -96.1% against the previous year. Overall, the import price faced a sharp decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 139% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 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 France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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