EU: Market for Electric Burglar Or Fire Alarms And Similar Apparatus 2024

Market Size for Electric Burglar Or Fire Alarms And Similar Apparatus in the EU

The EU market for electric burglar or fire alarms and similar apparatus dropped to $X in 2021, which is down by -13.4% against the previous year. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Electric Burglar Or Fire Alarms And Similar Apparatus in the EU

In value terms, electric burglar or fire alarm production fell dramatically to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2018 when the production volume increased by 16% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Electric Burglar Or Fire Alarms And Similar Apparatus

Exports in the EU

In 2021, shipments abroad of electric burglar or fire alarms and similar apparatus was finally on the rise to reach X units after two years of decline. Total exports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +5.2% 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 decreased by -12.1% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of 30% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, electric burglar or fire alarm exports expanded sharply to $X in 2021. The total export value increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 18%. The level of export peaked in 2021 and is likely to see gradual growth in the immediate term.

Exports by Country

In 2021, the Netherlands (X units), Ireland (X units), Romania (X units), Germany (X units), Poland (X units), Italy (X units) and France (X units) was the main exporter of electric burglar or fire alarms and similar apparatus in the European Union, achieving 76% of total export. Spain (X units), Sweden (X units), Bulgaria (X units), the Czech Republic (X units), Austria (X units) and Portugal (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 main exporting countries, was attained by Poland (with a CAGR of +32.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Ireland ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2021, with a combined 46% share of total exports. These countries were followed by Italy, France, Poland, Romania, Sweden, Spain, the Czech Republic, Austria, Bulgaria and Portugal, which together accounted for a further 47%.

Among the main exporting countries, Poland, with a CAGR of +34.6%, 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

In 2021, the export price in the European Union amounted to $X per unit, dropping by -9.7% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the export price increased by 21%. As a result, the export price reached the peak level of $X per unit, and then contracted in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Germany ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+10.3%), while the other leaders experienced more modest paces of growth.

Imports of Electric Burglar Or Fire Alarms And Similar Apparatus

Imports in the EU

For the third consecutive year, the European Union recorded growth in supplies from abroad of electric burglar or fire alarms and similar apparatus, which increased by 11% to X units in 2021. The total import volume increased at an average annual rate of +3.5% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 14%. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, electric burglar or fire alarm imports expanded significantly to $X in 2021. The total import value increased at an average annual rate of +3.1% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when imports increased by 12%. The level of import peaked in 2021 and is expected to retain growth in the near future.

Imports by Country

The purchases of the five major importers of electric burglar or fire alarms and similar apparatus, namely the Netherlands, Germany, Italy, France and Belgium, represented more than half of total import. It was distantly followed by Spain (X units) and Denmark (X units), together creating an 11% share of total imports. Sweden (X units), Austria (X units), Poland (X units), Romania (X units), the Czech Republic (X units) and Finland (X units) held 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 Belgium (with a CAGR of +20.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) were the countries with the highest levels of imports in 2021, with a combined 49% share of total imports. These countries were followed by Spain, Sweden, Italy, Belgium, Poland, Austria, Denmark, the Czech Republic, Finland and Romania, which together accounted for a further 42%.

Romania, with a CAGR of +9.5%, recorded the highest rates of growth with regard to the value of imports, in terms of 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

The import price in the European Union stood at $X per unit in 2021, with a decrease of -2.3% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 8.2% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Sweden ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+7.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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