Malaysia - Fire-Fighting Vehicles - Market Analysis, Forecast, Size, Trends and Insights
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Fire-Fighting Vehicle Market Size in Malaysia
The Malaysian fire-fighting vehicle market surged to $X in 2021, with an increase of 258% 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 saw a significant increase. Fire-fighting vehicle consumption peaked in 2021 and is expected to retain growth in the immediate term.
Fire-Fighting Vehicle Exports
Exports from Malaysia
In 2019, overseas shipments of fire-fighting vehicles decreased by -33.3% to X units for the first time since 2015, thus ending a three-year rising trend. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 50% against the previous year. As a result, the exports attained the peak of X units, and then declined sharply in the following year.
In value terms, fire-fighting vehicle exports contracted markedly to $X in 2019. Over the period under review, total exports indicated a buoyant expansion from 2016 to 2019: its value increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +39.8% against 2016 indices. The pace of growth was the most pronounced in 2018 when exports increased by 67%. As a result, the exports reached the peak of $X, and then dropped sharply in the following year.
Exports by Country
Singapore (X units) was the main destination for fire-fighting vehicle exports from Malaysia, with a approx. 100% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Singapore stood at +13.0%.
In value terms, Singapore ($X) emerged as the key foreign market for fire-fighting vehicles exports from Malaysia.
From 2012 to 2021, the average annual rate of growth in terms of value to Singapore totaled +32.7%.
Export Prices by Country
In 2021, the average fire-fighting vehicle export price amounted to less than $X per unit, remaining relatively unchanged against the previous year. In general, the export price saw a resilient expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 14% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2021, the rate of growth in terms of prices for Solomon Islands amounted to +14.5% per year.
Fire-Fighting Vehicle Imports
Imports into Malaysia
In 2021, fire-fighting vehicle imports into Malaysia skyrocketed to X units, jumping by 313% compared with 2020 figures. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, fire-fighting vehicle imports surged to $X in 2021. Over the period under review, imports enjoyed a significant increase. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, Japan (X units) was the main supplier of fire-fighting vehicle to Malaysia, with a 100% share of total imports. Moreover, fire-fighting vehicle imports from Japan exceeded the figures recorded by the second-largest supplier, Turkey (X units), sevenfold. Belgium (X units) ranked third in terms of total imports with a 9.1% share.
From 2012 to 2021, the average annual growth rate of volume from Japan amounted to +64.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-78.3% per year) and Belgium (0.0% per year).
In value terms, the largest fire-fighting vehicle suppliers to Malaysia were Turkey ($X), Belgium ($X) and Sweden ($X), with a combined 98% share of total imports.
Among the main suppliers, Turkey, with a CAGR of +369.9%, recorded 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 average fire-fighting vehicle import price stood at $X per unit in 2021, declining by -16% against the previous year. Overall, the import price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2014 an increase of 27% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+2,066.8%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the fire-fighting vehicle market in Malaysia. 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 29105930 - Fire-fighting vehicles
Country coverage:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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