EU: Fire Extinguisher Market 2024

Fire Extinguisher Market Size in the EU

The EU fire extinguisher market expanded notably to $X in 2022, surging by 12% against the previous year. The total consumption indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.7% against 2020 indices. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Fire Extinguisher Production in the EU

In value terms, fire extinguisher production rose sharply to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.4% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by 23% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Fire Extinguisher Exports

Exports in the EU

In 2022, approx. X units of fire extinguishers were exported in the European Union; waning by -5.7% against 2021 figures. The total export volume increased at an average annual rate of +2.5% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of 15% against the previous year. Over the period under review, the exports reached the maximum at X units in 2021, and then contracted in the following year.

In value terms, fire extinguisher exports reached $X in 2022. The total export value increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Poland (X units) was the main exporter of fire extinguishers, committing 36% of total exports. It was distantly followed by Italy (X units), Germany (X units), the Netherlands (X units), Spain (X units) and Sweden (X units), together mixing up a 43% share of total exports. The following exporters - Greece (X units), France (X units), Luxembourg (X units), Belgium (X units), Denmark (X units) and Ireland (X units) - together made up 16% of total exports.

Exports from Poland increased at an average annual rate of +5.3% from 2012 to 2022. At the same time, Luxembourg (+29.9%), Greece (+27.1%), Denmark (+8.8%), Italy (+5.2%), the Netherlands (+4.3%), Belgium (+3.6%), Spain (+2.0%), Sweden (+1.9%) and Ireland (+1.5%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +29.9% from 2012-2022. By contrast, France (-1.7%) and Germany (-5.9%) illustrated a downward trend over the same period. While the share of Poland (+8.5 p.p.), Italy (+3.3 p.p.), Greece (+3.1 p.p.) and Luxembourg (+2.9 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of France (-1.8 p.p.) and Germany (-15.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Poland ($X) and Sweden ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 42% share of total exports. Italy, the Netherlands, Denmark, France, Belgium, Spain, Luxembourg, Greece and Ireland lagged somewhat behind, together comprising a further 49%.

In terms of the main exporting countries, Luxembourg, with a CAGR of +32.2%, recorded 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 2022, the export price in the European Union amounted to $X per unit, surging by 7.3% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 10%. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.1%), while the other leaders experienced more modest paces of growth.

Fire Extinguisher Imports

Imports in the EU

In 2022, fire extinguisher imports in the European Union reduced slightly to X units, remaining stable against the year before. The total import volume increased at an average annual rate of +4.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by 24%. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, fire extinguisher imports rose significantly to $X in 2022. Total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.4% 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 +60.0% against 2016 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 15% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Germany (X units) and France (X units) were the main importers of fire extinguishers in 2022, reaching near 19% and 14% of total imports, respectively. Spain (X units) took the next position in the ranking, followed by Greece (X units), the Netherlands (X units) and Sweden (X units). All these countries together held approx. 28% share of total imports. The following importers - Italy (X units), Austria (X units), Romania (X units), the Czech Republic (X units), Belgium (X units), Luxembourg (X units) and Finland (X units) - together made up 25% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Romania (with a CAGR of +22.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fire extinguisher importing markets in the European Union were Germany ($X), France ($X) and Spain ($X), together comprising 46% of total imports.

Among the main importing countries, Spain, with a CAGR of +20.9%, saw the highest growth rate of the value of imports, 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 2022, picking up by 9.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2017 when the import price increased by 9.1% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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