Thailand: Fire-Fighting Vehicle Market 2024

Fire-Fighting Vehicle Market Size in Thailand

The Thai fire-fighting vehicle market contracted modestly to $X in 2023, which is down by X% against the previous year. In general, consumption showed a pronounced contraction. As a result, consumption attained the peak level of $X. From 2014 to 2023, the growth of the market remained at a somewhat lower figure.

Fire-Fighting Vehicle Production in Thailand

In value terms, fire-fighting vehicle production shrank to $X in 2023 estimated in export price. In general, production recorded a perceptible contraction. The growth pace was the most rapid in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2023, production growth remained at a somewhat lower figure.

Fire-Fighting Vehicle Exports

Exports from Thailand

Fire-fighting vehicle exports from Thailand surged to X units in 2023, increasing by X% against the year before. Overall, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2022 when exports increased by X%. The exports peaked in 2023 and are expected to retain growth in years to come.

In value terms, fire-fighting vehicle exports surged to $X in 2023. In general, exports, however, showed a pronounced slump. The growth pace was the most rapid in 2022 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

Exports by Country

Bangladesh (X units) was the main destination for fire-fighting vehicle exports from Thailand, with a X% share of total exports. Moreover, fire-fighting vehicle exports to Bangladesh exceeded the volume sent to the second major destination, Papua New Guinea (X units), fourfold. India (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Bangladesh amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (X% per year) and India (X% per year).

In value terms, the largest markets for fire-fighting vehicle exported from Thailand were Bangladesh ($X), Papua New Guinea ($X) and India ($X), together accounting for X% of total exports.

Among the main countries of destination, Bangladesh, with a CAGR of X%, recorded the highest rates of growth with regard to 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-fighting vehicle export price stood at $X per unit in 2023, rising by X% against the previous year. Over the period under review, the export price, however, showed a deep slump. The pace of growth was the most pronounced in 2022 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2019; however, from 2020 to 2023, 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 India ($X per unit), while the average price for exports to Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Fire-Fighting Vehicle Imports

Imports into Thailand

In 2023, overseas purchases of fire-fighting vehicles increased by X% to X units, rising for the second year in a row after two years of decline. Overall, imports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.

In value terms, fire-fighting vehicle imports surged to $X in 2023. In general, imports, however, continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Austria (X units) constituted the largest supplier of fire-fighting vehicle to Thailand, accounting for a X% share of total imports. Moreover, fire-fighting vehicle imports from Austria exceeded the figures recorded by the second-largest supplier, Sweden (X units), more than tenfold.

From 2012 to 2023, the average annual rate of growth in terms of volume from Austria totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Turkey (X% per year).

In value terms, Austria ($X) constituted the largest supplier of fire-fighting vehicles to Thailand, comprising X% of total imports. The second position in the ranking was held by Sweden ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value from Austria totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2023, the average fire-fighting vehicle import price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price posted a measured expansion. The pace of growth was the most pronounced in 2020 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2021 to 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Austria ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform