United Arab Emirates: Fire Extinguisher Market 2024

Fire Extinguisher Market Size in the United Arab Emirates

The fire extinguisher market in the United Arab Emirates fell to $X in 2022, with a decrease of -9.1% against 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). In general, consumption, however, saw a measured expansion. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Fire Extinguisher Exports

Exports from the United Arab Emirates

In 2022, fire extinguisher exports from the United Arab Emirates reduced to X units, stabilizing at the previous year. Overall, total exports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +9.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +7.0% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 90%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, fire extinguisher exports dropped to $X in 2022. In general, exports continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2017 when exports increased by 62% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Jordan (X units), Egypt (X units) and Tanzania (X units) were the main destinations of fire extinguisher exports from the United Arab Emirates, together accounting for 48% of total exports. Italy, Rwanda, Australia, Azerbaijan, Georgia and India lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +96.7%), while the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X) emerged as the key foreign market for fire extinguishers exports from the United Arab Emirates, comprising 32% of total exports. The second position in the ranking was taken by Tanzania ($X), with a 10% share of total exports. It was followed by Jordan, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value to Egypt amounted to +17.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (+14.9% per year) and Jordan (+19.0% per year).

Export Prices by Country

In 2022, the average fire extinguisher export price amounted to $X per unit, waning by -10.2% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 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 Egypt ($X per unit), while the average price for exports to Australia ($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 Egypt (-4.0%), while the prices for the other major destinations experienced a decline.

Fire Extinguisher Imports

Imports into the United Arab Emirates

In 2022, fire extinguisher imports into the United Arab Emirates declined slightly to X units, with a decrease of -4.7% against 2021 figures. Overall, imports, however, saw resilient growth. The pace of growth appeared the most rapid in 2016 with an increase of 96%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, fire extinguisher imports dropped modestly to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 42% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of fire extinguisher to the United Arab Emirates, with a 90% share of total imports. It was followed by the United States (X units), with a 2% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at +12.0%.

In value terms, China ($X) constituted the largest supplier of fire extinguishers to the United Arab Emirates, comprising 40% of total imports. The second position in the ranking was held by the United States ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +5.0%.

Import Prices by Country

In 2022, the average fire extinguisher import price amounted to $X per unit, approximately reflecting the previous year. Overall, the import price, however, continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2019 when the average import price increased by 24%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 United States ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-6.3%).

Source: IndexBox Platform

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