Southern Asia: Market for Electric Burglar Or Fire Alarms And Similar Apparatus 2025

Market Size for Electric Burglar Or Fire Alarms And Similar Apparatus in Southern Asia

The South Asian market for electric burglar or fire alarms and similar apparatus rose sharply to $X in 2021, with an increase of 5.1% against the previous year. The total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +9.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +127.5% against 2012 indices. Over the period under review, the market attained the peak level in 2021 and is likely to see gradual growth in the near future.

Production of Electric Burglar Or Fire Alarms And Similar Apparatus in Southern Asia

In value terms, electric burglar or fire alarm production amounted to $X in 2021 estimated in export price. The total production indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +10.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -4.0% against 2017 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by 49%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Exports of Electric Burglar Or Fire Alarms And Similar Apparatus

Exports in Southern Asia

In 2021, overseas shipments of electric burglar or fire alarms and similar apparatus increased by 162% to X units for the first time since 2018, thus ending a two-year declining trend. In general, exports saw a significant increase. The growth pace was the most rapid in 2014 with an increase of 261% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, electric burglar or fire alarm exports rose rapidly to $X in 2021. Overall, exports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2014 when exports increased by 297%. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from India (X units), together finishing at 100% of total export.

India was also the fastest-growing in terms of the electric burglar or fire alarms and similar apparatus exports, with a CAGR of +22.9% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest electric burglar or fire alarm supplier in Southern Asia.

In India, electric burglar or fire alarm exports expanded at an average annual rate of +14.4% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2021, declining by -56.7% against the previous year. Overall, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of 64% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2020, and then shrank remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -6.9% per year.

Imports of Electric Burglar Or Fire Alarms And Similar Apparatus

Imports in Southern Asia

In 2021, imports of electric burglar or fire alarms and similar apparatus in Southern Asia skyrocketed to X units, picking up by 99% on the previous year. Overall, imports showed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electric burglar or fire alarm imports surged to $X in 2021. Total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of import peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

India dominates imports structure, reaching X units, which was near 93% of total imports in 2021. It was distantly followed by Bangladesh (X units), making up a 5.1% share of total imports.

Imports into India increased at an average annual rate of +12.8% from 2012 to 2021. At the same time, Bangladesh (+26.2%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +26.2% from 2012-2021. While the share of India (+4.8 p.p.) and Bangladesh (+3.3 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported electric burglar or fire alarms and similar apparatus in Southern Asia, comprising 71% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 21% share of total imports.

From 2012 to 2021, the average annual growth rate of value in India totaled +7.0%.

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2021, reducing by -13.8% against the previous year. Overall, the import price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2014 an increase of 47% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Bangladesh ($X per unit), while India stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+1.5%).

Source: IndexBox Platform

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