Report Update Nov 1, 2024

Chile - Fire Extinguishers - Market Analysis, Forecast, Size, Trends and Insights

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Chile: Fire Extinguisher Market 2024

Fire Extinguisher Market Size in Chile

The Chilean fire extinguisher market surged to $X in 2022, growing by 83% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption posted a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Fire Extinguisher Exports

Exports from Chile

In 2022, after three years of growth, there was significant decline in overseas shipments of fire extinguishers, when their volume decreased by -97.4% to X units. Over the period under review, exports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2014 with an increase of 203%. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, fire extinguisher exports shrank significantly to $X in 2022. Overall, exports showed a sharp setback. The most prominent rate of growth was recorded in 2014 when exports increased by 205% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Bolivia (X units), Paraguay (X units) and Brazil (X units) were the main destinations of fire extinguisher exports from Chile.

From 2012 to 2022, the biggest increases were recorded for Paraguay (with a CAGR of +52.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fire extinguisher exported from Chile were Bolivia ($X), Peru ($X) and Brazil ($X).

Brazil, with a CAGR of +47.4%, recorded 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

The average fire extinguisher export price stood at $X per unit in 2022, with an increase of 117% against the previous year. In general, the export price enjoyed a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per unit), while the average price for exports to Paraguay ($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 Costa Rica (+46.4%), while the prices for the other major destinations experienced more modest paces of growth.

Fire Extinguisher Imports

Imports into Chile

Fire extinguisher imports into Chile soared to X units in 2022, with an increase of 142% compared with the previous year. Over the period under review, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of 145% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, fire extinguisher imports skyrocketed to $X in 2022. Overall, total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +4.1% 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 +96.0% against 2017 indices. The growth pace was the most rapid in 2021 with an increase of 37%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest fire extinguisher supplier to Chile, accounting for a 44% share of total imports. Moreover, fire extinguisher imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +4.8%.

In value terms, China ($X) constituted the largest supplier of fire extinguishers to Chile, comprising 76% of total imports. The second position in the ranking was taken by the United States ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +8.2%.

Import Prices by Country

In 2022, the average fire extinguisher import price amounted to $X per unit, with a decrease of -51.3% against the previous year. Overall, the import price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when the average import price increased by 106% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fire extinguishers in the world?

The countries with the highest volumes of in 2021 were China, India and the United States, together comprising 45% of global consumption. These countries were followed by Japan, France, Brazil, Mexico, Germany, the UK, South Korea, Saudi Arabia and Spain, which together accounted for a further 34%.

What are the largest producers of fire extinguishers in the world?

China constituted the country with the largest volume of fire extinguisher production, accounting for 46% of total volume. Moreover, fire extinguisher production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was occupied by Mexico, with a 6.2% share.

What are the leading suppliers of fire extinguishers to Chile?

In value terms, China constituted the largest supplier of fire extinguisher to Chile, comprising 81% of total imports. The second position in the ranking was occupied by the United States, with a 13% share of total imports. It was followed by Sweden, with a 1.6% share.

What are the leading importers of fire extinguishers from Chile?

In value terms, Argentina remains the key foreign market for fire extinguisher exports from Chile, comprising 79% of total exports. The second position in the ranking was occupied by Bolivia, with a 15% share of total exports. It was followed by Canada, with a 3.3% share.

What is the average export price for fire extinguishers in Chile?

In 2021, the average fire extinguisher export price amounted to $568 per unit, increasing by 197% against the previous year.

What is the average import price for fire extinguishers in Chile?

The average fire extinguisher import price stood at $517 per unit in 2021, rising by 23% against the previous year.

This report provides an in-depth analysis of the fire extinguisher market in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28292210 - Fire extinguishers

Country coverage:

Chile

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Chile
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023