Southern Asia: Fire-Fighting Vehicle Market 2025

Fire-Fighting Vehicle Market Size in Southern Asia

The South Asian fire-fighting vehicle market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Fire-Fighting Vehicle Production in Southern Asia

In value terms, fire-fighting vehicle production reached $X in 2021 estimated in export price. Overall, production, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2014 when the production volume increased by 51%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Fire-Fighting Vehicle Exports

Exports in Southern Asia

In 2021, overseas shipments of fire-fighting vehicles increased by 88% to X units, rising for the second year in a row after three years of decline. Over the period under review, exports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2013 with an increase of 433%. The volume of export peaked at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, fire-fighting vehicle exports skyrocketed to $X in 2021. Overall, exports saw buoyant growth. The growth pace was the most rapid in 2013 when exports increased by 564%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

India was the largest exporter of fire-fighting vehicles in Southern Asia, with the volume of exports amounting to X units, which was approx. 73% of total exports in 2021. It was distantly followed by Pakistan (X units), committing a 27% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to fire-fighting vehicle exports from India stood at +3.6%. At the same time, Pakistan (+21.9%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +21.9% from 2012-2021. While the share of Pakistan (+27 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of India (-15.6 p.p.) displayed negative dynamics.

In value terms, India ($X) remains the largest fire-fighting vehicle supplier in Southern Asia, comprising 78% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 22% share of total exports.

In India, fire-fighting vehicle exports expanded at an average annual rate of +5.7% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per unit, with a decrease of -5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2013 when the export price increased by 25%. Over the period under review, the export prices reached the maximum at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was India ($X per unit), while Pakistan stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+5.2%).

Fire-Fighting Vehicle Imports

Imports in Southern Asia

In 2021, after three years of growth, there was significant decline in supplies from abroad of fire-fighting vehicles, when their volume decreased by -27% to X units. Total imports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when imports increased by 59%. Over the period under review, imports attained the maximum at X units in 2020, and then fell rapidly in the following year.

In value terms, fire-fighting vehicle imports declined notably to $X in 2021. Over the period under review, imports, however, showed notable growth. The pace of growth was the most pronounced in 2019 with an increase of 52%. Over the period under review, imports reached the peak figure at $X in 2020, and then contracted sharply in the following year.

Imports by Country

India was the largest importing country with an import of about X units, which reached 39% of total imports. Afghanistan (X units) ranks second in terms of the total imports with a 21% share, followed by Bangladesh (19%), Pakistan (12%) and Sri Lanka (4.8%). Maldives (X units) and Nepal (X units) took a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Pakistan (with a CAGR of +28.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fire-fighting vehicle importing markets in Southern Asia were India ($X), Afghanistan ($X) and Bangladesh ($X), with a combined 80% share of total imports. These countries were followed by Pakistan, Sri Lanka, Maldives and Nepal, which together accounted for a further 20%.

In terms of the main importing countries, Pakistan, with a CAGR of +27.3%, recorded the highest rates of growth with regard to 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 import price in Southern Asia stood at $X per unit in 2021, reducing by -6.8% against the previous year. Over the last nine years, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2014 when the import price increased by 15%. The level of import peaked at $X per unit in 2020, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Afghanistan ($X per unit), while Sri Lanka ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Afghanistan (+7.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :