Northern America: Fire-Fighting Vehicle Market 2024

Fire-Fighting Vehicle Market Size in Northern America

In 2021, after two years of growth, there was significant decline in the North American fire-fighting vehicle market, when its value decreased by -7.1% to $X. The total consumption indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +52.2% against 2018 indices. As a result, consumption reached the peak level of $X, and then dropped in the following year.

Fire-Fighting Vehicle Production in Northern America

In value terms, fire-fighting vehicle production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 23% against the previous year. As a result, production attained the peak level of $X, and then dropped in the following year.

Fire-Fighting Vehicle Exports

Exports in Northern America

For the fourth year in a row, Northern America recorded decline in overseas shipments of fire-fighting vehicles, which decreased by -7.2% to X units in 2021. Overall, exports recorded a abrupt contraction. The growth pace was the most rapid in 2017 with an increase of 44% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, fire-fighting vehicle exports shrank to $X in 2021. Over the period under review, exports showed a slight decrease. The most prominent rate of growth was recorded in 2013 when exports increased by 18% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States prevails in exports structure, finishing at X units, which was near 96% of total exports in 2021. Canada (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to fire-fighting vehicle exports from the United States stood at -7.1%. At the same time, Canada (+9.2%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +9.2% from 2012-2021. While the share of Canada (+3.2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United States (-3.2 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest fire-fighting vehicle supplier in Northern America, comprising 97% of total exports. The second position in the ranking was held by Canada ($X), with a 2.7% share of total exports.

In the United States, fire-fighting vehicle exports shrank by an average annual rate of -2.0% over the period from 2012-2021.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2021, rising by 7% against the previous year. Export price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, fire-fighting vehicle export price increased by +58.4% against 2018 indices. The most prominent rate of growth was recorded in 2020 an increase of 42%. The level of export peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+5.4%).

Fire-Fighting Vehicle Imports

Imports in Northern America

In 2021, supplies from abroad of fire-fighting vehicles decreased by -1.8% to X units for the first time since 2017, thus ending a three-year rising trend. Total imports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +99.8% against 2014 indices. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. As a result, imports attained the peak of X units, and then dropped modestly in the following year.

In value terms, fire-fighting vehicle imports fell to $X in 2021. Total imports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +42.4% against 2014 indices. The pace of growth was the most pronounced in 2013 with an increase of 26%. The level of import peaked at $X in 2020, and then dropped in the following year.

Imports by Country

Canada was the main importing country with an import of about X units, which reached 84% of total imports. It was distantly followed by the United States (X units), creating a 15% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to fire-fighting vehicle imports into Canada stood at +2.5%. At the same time, the United States (+30.6%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing importer imported in Northern America, with a CAGR of +30.6% from 2012-2021. From 2012 to 2021, the share of the United States increased by +13 percentage points.

In value terms, Canada ($X) constitutes the largest market for imported fire-fighting vehicles in Northern America, comprising 90% of total imports. The second position in the ranking was held by the United States ($X), with a 7.5% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Canada stood at +1.7%.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2021, shrinking by -11.4% against the previous year. In general, the import price recorded a mild setback. The most prominent rate of growth was recorded in 2014 when the import price increased by 21%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per unit), while the United States amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-0.8%).

Source: IndexBox Platform

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