United Kingdom: Fire Extinguisher Market 2024

Fire Extinguisher Market Size in the UK

The UK fire extinguisher market soared to $X in 2022, surging by 28% against the previous year. The market value increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Fire Extinguisher Production in the UK

In value terms, fire extinguisher production dropped slightly to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2017 when the production volume increased by 26%. Fire extinguisher production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Fire Extinguisher Exports

Exports from the UK

In 2022, the amount of fire extinguishers exported from the UK fell rapidly to X units, dropping by -26.1% compared with the previous year's figure. In general, exports, however, showed a noticeable increase. The most prominent rate of growth was recorded in 2021 with an increase of 105%. As a result, the exports reached the peak of X units, and then dropped rapidly in the following year.

In value terms, fire extinguisher exports rose markedly to $X in 2022. The total export value increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Ireland (X units) was the main destination for fire extinguisher exports from the UK, with a 16% share of total exports. Moreover, fire extinguisher exports to Ireland exceeded the volume sent to the second major destination, the United Arab Emirates (X units), twofold. The third position in this ranking was taken by the Netherlands (X units), with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ireland stood at +20.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-7.2% per year) and the Netherlands (+10.4% per year).

In value terms, the United States ($X), Germany ($X) and France ($X) constituted the largest markets for fire extinguisher exported from the UK worldwide, together comprising 26% of total exports. Italy, Ireland, the United Arab Emirates, the Netherlands, Spain, Turkey, Kenya, Sweden, Australia and Egypt lagged somewhat behind, together comprising a further 33%.

The Netherlands, with a CAGR of +20.3%, saw the highest rates of growth with regard to 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, growing by 48% against the previous year. In general, the export price, however, recorded a slight descent. Over the period under review, the average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat 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 France ($X per unit), while the average price for exports to Egypt ($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 (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Fire Extinguisher Imports

Imports into the UK

In 2022, fire extinguisher imports into the UK amounted to X units, picking up by 3.7% against 2021 figures. The total import volume increased at an average annual rate of +3.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 21%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, fire extinguisher imports skyrocketed to $X in 2022. Overall, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +104.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Poland (X units) constituted the largest fire extinguisher supplier to the UK, accounting for a 28% share of total imports. Moreover, fire extinguisher imports from Poland exceeded the figures recorded by the second-largest supplier, China (X units), fivefold. Belgium (X units) ranked third in terms of total imports with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland stood at +24.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.8% per year) and Belgium (+9.1% per year).

In value terms, China ($X), the United States ($X) and Poland ($X) constituted the largest fire extinguisher suppliers to the UK, together comprising 80% of total imports. Italy, Belgium, Denmark, Ireland and Spain lagged somewhat behind, together comprising a further 7%.

In terms of the main suppliers, Denmark, with a CAGR of +24.1%, 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

In 2022, the average fire extinguisher import price amounted to $X per unit, surging by 43% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fire extinguisher import price increased by +62.8% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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