Overview of the Global Market for Electric Burglar Or Fire Alarms And Similar Apparatus

Market Size for Electric Burglar Or Fire Alarms And Similar Apparatus

In 2021, after four years of growth, there was significant decline in the global market for electric burglar or fire alarms and similar apparatus, when its value decreased by -9.4% to $X. The market value increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked at $X in 2020, and then declined in the following year.

Production of Electric Burglar Or Fire Alarms And Similar Apparatus

In value terms, electric burglar or fire alarm production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 12%. Global production peaked at $X in 2020, and then reduced in the following year.

Exports of Electric Burglar Or Fire Alarms And Similar Apparatus

Exports

In 2021, approx. X units of electric burglar or fire alarms and similar apparatus were exported worldwide; rising by 37% compared with the previous year. Overall, total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +7.4% 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 increased by +90.4% against 2012 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electric burglar or fire alarm exports expanded significantly to $X in 2021. The total export value increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China represented the largest exporter of electric burglar or fire alarms and similar apparatus in the world, with the volume of exports recording X units, which was approx. 40% of total exports in 2021. It was distantly followed by Hong Kong SAR (X units), mixing up a 6.5% share of total exports. The following exporters - the Netherlands (X units), Mexico (X units), Ireland (X units), the UK (X units), Taiwan (Chinese) (X units), Romania (X units), Thailand (X units), Israel (X units), Turkey (X units), Germany (X units) and Poland (X units) - together made up 34% of total exports.

From 2012 to 2021, average annual rates of growth with regard to electric burglar or fire alarm exports from China stood at +25.6%. At the same time, Thailand (+87.7%), Poland (+32.3%), Turkey (+24.8%), Ireland (+13.0%), the Netherlands (+12.4%), Romania (+11.9%) and Mexico (+6.5%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in the world, with a CAGR of +87.7% from 2012-2021. Israel and Taiwan (Chinese) experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (-3.7%), the UK (-4.3%) and Germany (-4.7%) illustrated a downward trend over the same period. China (+30 p.p.), Thailand (+2.5 p.p.), Poland (+1.9 p.p.) and Turkey (+1.8 p.p.) significantly strengthened its position in terms of the global exports, while Israel, Taiwan (Chinese), Germany, the UK and Hong Kong SAR saw its share reduced by -2.1%, -3.1%, -4.5%, -6.5% and -10.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest electric burglar or fire alarm supplier worldwide, comprising 19% of global exports. The second position in the ranking was held by Mexico ($X), with a 7.9% share of global exports. It was followed by the UK, with a 6.4% share.

In China, electric burglar or fire alarm exports expanded at an average annual rate of +4.5% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Mexico (+9.2% per year) and the UK (-1.6% per year).

Export Prices by Country

In 2021, the average export price for electric burglar or fire alarms and similar apparatus amounted to $X per unit, dropping by -17.3% against the previous year. In general, the export price recorded a pronounced curtailment. The pace of growth was the most pronounced in 2014 when the average export price increased by 7% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+7.4%), while the other global leaders experienced more modest paces of growth.

Imports of Electric Burglar Or Fire Alarms And Similar Apparatus

Imports

After two years of decline, overseas purchases of electric burglar or fire alarms and similar apparatus increased by 21% to X units in 2021. The total import volume increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electric burglar or fire alarm imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.7% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X units), the UK (X units), the Netherlands (X units), Germany (X units), Hong Kong SAR (X units), China (X units), Italy (X units), France (X units), Belgium (X units), Turkey (X units), Canada (X units) and India (X units) represented roughly 63% of total imports in 2021. Australia (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +21.1%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest electric burglar or fire alarm importing markets worldwide were the United States ($X), Germany ($X) and the UK ($X), with a combined 31% share of global imports. These countries were followed by the Netherlands, France, Canada, Hong Kong SAR, Australia, Italy, China, Belgium, India and Turkey, which together accounted for a further 28%.

Canada, with a CAGR of +10.8%, 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 global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for electric burglar or fire alarms and similar apparatus amounted to $X per unit, waning by -2% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 8.5%. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices remained 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 Germany ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+11.9%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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