Sudan: Fire Extinguisher Market 2024

Fire Extinguisher Market Size in Sudan

In 2022, the Sudanese fire extinguisher market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption, however, continues to indicate a deep setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Fire Extinguisher Exports

Exports from Sudan

After two years of growth, overseas shipments of fire extinguishers decreased by -47.9% to X units in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 2,289%. As a result, the exports attained the peak of X units, and then contracted markedly in the following year.

In value terms, fire extinguisher exports declined significantly to $X in 2022. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2016 when exports increased by 3,245%. Over the period under review, the exports hit record highs at $X in 2021, and then dropped dramatically in the following year.

Exports by Country

Kenya (X units) was the main destination for fire extinguisher exports from Sudan, with a 209% share of total exports. Moreover, fire extinguisher exports to Kenya exceeded the volume sent to the second major destination, Canada (X units), fourfold. The third position in this ranking was taken by Ukraine (X units), with a 44% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kenya stood at +97.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+49.3% per year) and Ukraine (+54.1% per year).

In value terms, Russia ($X), Kenya ($X) and Canada ($X) constituted the largest markets for fire extinguisher exported from Sudan worldwide, together accounting for 84% of total exports.

Among the main countries of destination, Russia, with a CAGR of +158.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average fire extinguisher export price stood at $X per unit in 2022, remaining stable against the previous year. Over the period under review, the export price showed a resilient expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 204%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+184.1%), while the prices for the other major destinations experienced more modest paces of growth.

Fire Extinguisher Imports

Imports into Sudan

In 2022, imports of fire extinguishers into Sudan skyrocketed to X units, with an increase of 15% on 2021. Overall, imports, however, showed a deep setback. The pace of growth was the most pronounced in 2015 when imports increased by 134%. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, fire extinguisher imports expanded significantly to $X in 2022. In general, imports, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2016 when imports increased by 47%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of fire extinguisher to Sudan, with a 74% share of total imports. Moreover, fire extinguisher imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), more than tenfold. Saudi Arabia (X units) ranked third in terms of total imports with a 3% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-23.8% per year) and Saudi Arabia (-8.3% per year).

In value terms, China ($X) constituted the largest supplier of fire extinguishers to Sudan, comprising 41% of total imports. The second position in the ranking was held by Japan ($X), with an 8.8% share of total imports. It was followed by the United Arab Emirates, with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to -9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+61.3% per year) and the United Arab Emirates (-21.2% per year).

Import Prices by Country

In 2022, the average fire extinguisher import price amounted to $X per unit, reducing by -2% against the previous year. Over the period under review, the import price recorded a deep slump. The growth pace was the most rapid in 2013 when the average import price increased by 52% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 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 the UK ($X per unit), while the price for Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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