Tunisia: Fire Extinguisher Market 2024

Fire Extinguisher Market Size in Tunisia

The Tunisian fire extinguisher market skyrocketed to $X in 2022, with an increase of 57% against the previous year. Over the period under review, consumption, however, showed a mild decline. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Fire Extinguisher Production in Tunisia

In value terms, fire extinguisher production declined dramatically to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 413%. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Fire Extinguisher Exports

Exports from Tunisia

In 2022, overseas shipments of fire extinguishers were finally on the rise to reach X units after two years of decline. Overall, exports, however, saw a sharp contraction. The pace of growth appeared the most rapid in 2019 when exports increased by 528%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, fire extinguisher exports skyrocketed to $X in 2022. In general, exports, however, faced a abrupt decline. The pace of growth appeared the most rapid in 2018 when exports increased by 244%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Algeria (X units), Libya (X units) and the United States (X units) were the main destinations of fire extinguisher exports from Tunisia, together comprising 76% of total exports. Congo, Cote d'Ivoire, the UK, Benin and Mauritania lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cote d'Ivoire (with a CAGR of +101.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fire extinguisher exported from Tunisia were the UK ($X), Algeria ($X) and Libya ($X), together comprising 47% of total exports. The United States, Cote d'Ivoire, Congo, Mauritania, Benin and Morocco lagged somewhat behind, together comprising a further 14%.

In terms of the main countries of destination, Cote d'Ivoire, with a CAGR of +19.0%, saw 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

In 2022, the average fire extinguisher export price amounted to $X per unit, which is down by -32.4% against the previous year. In general, the export price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2013 an increase of 118% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Benin ($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 Morocco (+7.6%), while the prices for the other major destinations experienced mixed trend patterns.

Fire Extinguisher Imports

Imports into Tunisia

In 2022, the amount of fire extinguishers imported into Tunisia skyrocketed to X units, jumping by 214% on the previous year. Over the period under review, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2020 when imports increased by 355%. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, fire extinguisher imports surged to $X in 2022. In general, imports enjoyed strong growth. The growth pace was the most rapid in 2020 with an increase of 413% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest fire extinguisher supplier to Tunisia, with a 50% share of total imports. Moreover, fire extinguisher imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fivefold. Greece (X units) ranked third in terms of total imports with a 7.1% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+20.1% per year) and Greece (+33.7% per year).

In value terms, China ($X), Italy ($X) and Spain ($X) were the largest fire extinguisher suppliers to Tunisia, together accounting for 62% of total imports. France, Turkey and Greece lagged somewhat behind, together accounting for a further 23%.

Turkey, with a CAGR of +83.8%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average fire extinguisher import price amounted to $X per unit, declining by -8.5% against the previous year. In general, the import price saw a pronounced decrease. The growth pace was the most rapid in 2013 when the average import price increased by 91% against the previous year. As a result, import price attained 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 France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform