Switzerland: Fire Extinguisher Market 2024

Fire Extinguisher Market Size in Switzerland

The Swiss fire extinguisher market declined modestly to $X in 2022, flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.4% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, consumption attained the peak level of $X, leveling off in the following year.

Fire Extinguisher Exports

Exports from Switzerland

In 2022, the amount of fire extinguishers exported from Switzerland surged to X units, rising by 32% compared with 2021. Overall, exports continue to indicate a perceptible expansion. The pace of growth appeared the most rapid in 2013 with an increase of 141% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, fire extinguisher exports surged to $X in 2022. Over the period under review, total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 54%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X units), Germany (X units) and Slovakia (X units) were the main destinations of fire extinguisher exports from Switzerland, together comprising 47% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (with a CAGR of +82.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fire extinguisher exported from Switzerland were Saudi Arabia ($X), Germany ($X) and China ($X), together comprising 52% of total exports.

Saudi Arabia, with a CAGR of +75.3%, saw the highest growth rate of the value of exports, in terms of the main countries of destination 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, surging by 16% against the previous year. Overall, the export price continues to indicate a moderate increase. The most prominent rate of growth was recorded in 2018 an increase of 150%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Slovakia ($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 France (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Fire Extinguisher Imports

Imports into Switzerland

After two years of growth, purchases abroad of fire extinguishers decreased by -8.1% to X units in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 14%. As a result, imports reached the peak of X units, and then shrank in the following year.

In value terms, fire extinguisher imports rose modestly to $X in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 16% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of fire extinguisher to Switzerland, with a 52% share of total imports. Moreover, fire extinguisher imports from Germany exceeded the figures recorded by the second-largest supplier, France (X units), fourfold. The third position in this ranking was taken by Poland (X units), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (-6.7% per year) and Poland (+33.8% per year).

In value terms, Germany ($X) constituted the largest supplier of fire extinguishers to Switzerland, comprising 48% of total imports. The second position in the ranking was held by France ($X), with a 12% share of total imports. It was followed by Poland, with a 7.1% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-3.2% per year) and Poland (+34.7% per year).

Import Prices by Country

The average fire extinguisher import price stood at $X per unit in 2022, rising by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2017 when the average import price increased by 19% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

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 ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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