The import of fire extinguishers to the UAE has experienced modest fluctuations over the past decade. Between 2013 and 2023, the import figures displayed a mixture of growth and downturns. The most significant growth occurred in 2017 with a year-on-year increase of 19.94%. Conversely, the most substantial decline was observed in 2020 with a 17.11% decrease. For 2023, the import value stood at 40.761 million US dollars, representing a minor decrease of 0.12% from the previous year.
Looking forward, the forecasted data from 2024 to 2028 shows a slight downward trend with an expected compound annual growth rate (CAGR) of -0.09%. This suggests a very stable yet slightly declining market.
Future trends to watch for include:
- Technological advancements in fire safety equipment that might alter import demands
- Policy changes and increased regulation around fire safety standards which could impact import volumes
- Economic conditions in the UAE impacting public and private sector investments in safety equipment