From 2013 to 2023, China has seen fluctuating import values of firefighting vehicles, with substantial peaks in 2018 and steady increases since 2020. Specifically, in 2023, the import value stood at $31.464 million. The year-on-year variation for 2022-2023 was 2.06%, and the CAGR over the last five years (2018-2023) is 0.18%.
Looking ahead from 2024, forecasts show consistent growth with a 5-year CAGR of 1.43% and an overall 7.37% growth by 2028. Future trends to watch for include advancements in firefighting technology, environmental regulations, and governmental investments possibly driving increased imports.
