Report Update Nov 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Myanmar: Fire Extinguisher Market 2024

Fire Extinguisher Market Size in Myanmar

The Myanmar's fire extinguisher market dropped to $X in 2022, shrinking by -1.8% against the previous year. Over the period under review, the total consumption indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.4% 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 -14.4% against 2019 indices. Fire extinguisher consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Fire Extinguisher Production in Myanmar

In value terms, fire extinguisher production contracted to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by 56% against the previous year. Fire extinguisher production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Fire Extinguisher Exports

Exports from Myanmar

In 2022, exports of fire extinguishers from Myanmar soared to X units, rising by 121% compared with 2021 figures. In general, exports recorded a significant increase. The growth pace was the most rapid in 2018 when exports increased by 700%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, fire extinguisher exports surged to $X in 2022. Overall, exports saw moderate growth. The most prominent rate of growth was recorded in 2018 when exports increased by 817% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Thailand (X units) was the main destination for fire extinguisher exports from Myanmar, accounting for a 77% share of total exports. Moreover, fire extinguisher exports to Thailand exceeded the volume sent to the second major destination, France (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Thailand totaled +45.9%.

In value terms, the largest markets for fire extinguisher exported from Myanmar were Thailand ($X), France ($X) and Singapore ($X).

In terms of the main countries of destination, Thailand, with a CAGR of +24.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average fire extinguisher export price amounted to $X per unit, dropping by -33% against the previous year. Overall, the export price showed a deep downturn. The growth pace was the most rapid in 2018 when the average export price increased by 15% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-5.0%), while the prices for the other major destinations experienced a decline.

Fire Extinguisher Imports

Imports into Myanmar

Fire extinguisher imports into Myanmar shrank to X units in 2022, waning by -10.4% against the previous year's figure. Overall, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 3,238% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, fire extinguisher imports shrank significantly to $X in 2022. Over the period under review, imports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2014 with an increase of 489%. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of fire extinguisher to Myanmar, with a 94% share of total imports. It was followed by Japan (X units), with a 1.5% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +15.3%.

In value terms, China ($X) constituted the largest supplier of fire extinguishers to Myanmar, comprising 94% of total imports. The second position in the ranking was held by Japan ($X), with a 0.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +31.7%.

Import Prices by Country

The average fire extinguisher import price stood at $X per unit in 2022, which is down by -9.9% against the previous year. In general, the import price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 18,647%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for Japan amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.2%), while the prices for the other major suppliers experienced a decline.

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, with a combined 45% share of global consumption. Japan, France, Brazil, Mexico, Germany, the UK, South Korea, Saudi Arabia and Spain lagged somewhat behind, together accounting for a further 34%.

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

The country with the largest volume of fire extinguisher production was China, comprising approx. 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 Myanmar?

In value terms, China constituted the largest supplier of fire extinguisher to Myanmar.

What are the leading importers of fire extinguishers from Myanmar?

In value terms, Thailand, France and Singapore $794) were the largest markets for fire extinguisher exported from Myanmar worldwide.

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

The average fire extinguisher export price stood at $246 per unit in 2021, surging by 118% against the previous year.

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

In 2021, the average fire extinguisher import price amounted to $14 per unit, surging by 18% against the previous year.

This report provides an in-depth analysis of the fire extinguisher market in Myanmar. 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:

Myanmar

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Myanmar
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