World - Fireworks - Market Analysis, Forecast, Size, Trends And Insights
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The article provides a detailed analysis of the global fireworks market from 2022 to 2030, with a focus on consumption trends, production volumes, and import/export dynamics. Key points include a forecasted decrease in market performance, a peak in fireworks consumption in 2022, and the leading countries in consumption and production. The data also highlights the significant growth in fireworks imports and exports, with China emerging as a major supplier. The article offers insights into market values, trends in prices, and the overall outlook for the global fireworks market.
Market Forecast
The fireworks market is expected to start a downward consumption trend over the next eight years. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.2% for the eight-year period from 2022 to 2030, which is projected to depress the market volume to 588K tons by the end of 2030.
In value terms, the market is forecast to contract with an anticipated CAGR of +2.1% for the period from 2022 to 2030, which is projected to bring the market value to $2.2B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Fireworks
In 2022, consumption of fireworks increased by 18% to 598K tons, rising for the second year in a row after two years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak volume and is likely to continue growth in the immediate term.
The global fireworks market revenue skyrocketed to $1.9B in 2022, jumping by 18% 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). Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the global market hit record highs at $1.9B in 2012; afterwards, it flattened through to 2022.
Consumption By Country
The United States (203K tons) remains the largest fireworks consuming country worldwide, comprising approx. 34% of total volume. Moreover, fireworks consumption in the United States exceeded the figures recorded by the second-largest consumer, China (83K tons), twofold. India (31K tons) ranked third in terms of total consumption with a 5.1% share.
In the United States, fireworks consumption expanded at an average annual rate of +8.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: China (-2.0% per year) and India (-3.7% per year).
In value terms, the United States ($594M) led the market, alone. The second position in the ranking was taken by India ($152M). It was followed by China.
In the United States, the fireworks market increased at an average annual rate of +8.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (-4.9% per year) and China (-3.6% per year).
The countries with the highest levels of fireworks per capita consumption in 2022 were Belarus (991 kg per 1000 persons), Malaysia (633 kg per 1000 persons) and the United States (607 kg per 1000 persons).
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Malaysia (with a CAGR of +31.8%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Fireworks
In 2022, production of fireworks increased by 18% to 604K tons, rising for the second consecutive year after two years of decline. Overall, production, however, continues to indicate a relatively flat trend pattern. Over the period under review, global production hit record highs at 608K tons in 2012; however, from 2013 to 2022, production remained at a lower figure.
In value terms, fireworks production declined to $1.5B in 2022 estimated in export price. Over the period under review, production, however, showed a pronounced curtailment. The pace of growth was the most pronounced in 2018 when the production volume increased by 13% against the previous year. Global production peaked at $1.9B in 2013; however, from 2014 to 2022, production remained at a lower figure.
Production By Country
The country with the largest volume of fireworks production was China (490K tons), accounting for 81% of total volume. Moreover, fireworks production in China exceeded the figures recorded by the second-largest producer, India (31K tons), more than tenfold. Pakistan (14K tons) ranked third in terms of total production with a 2.3% share.
From 2012 to 2022, the average annual rate of growth in terms of volume in China amounted to +1.1%. The remaining producing countries recorded the following average annual rates of production growth: India (-3.7% per year) and Pakistan (-0.9% per year).
Imports
World Imports of Fireworks
In 2022, purchases abroad of fireworks increased by 40% to 451K tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, fireworks imports skyrocketed to $1.4B in 2022. In general, total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 +80.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports By Country
The United States represented the major importer of fireworks in the world, with the volume of imports recording 204K tons, which was approx. 45% of total imports in 2022. The Netherlands (27K tons) ranks second in terms of the total imports with a 5.9% share, followed by Malaysia (4.7%). Thailand (17K tons), Poland (15K tons), Indonesia (15K tons), Russia (14K tons), the UK (12K tons), Italy (10K tons), Belarus (10K tons), Germany (10K tons), the Czech Republic (8.8K tons) and Denmark (7.5K tons) followed a long way behind the leaders.
From 2012 to 2022, average annual rates of growth with regard to fireworks imports into the United States stood at +8.4%. At the same time, Malaysia (+33.2%), Belarus (+32.4%), Denmark (+7.5%), the Czech Republic (+6.8%), Poland (+5.7%), the Netherlands (+3.7%) and Italy (+2.4%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in the world, with a CAGR of +33.2% from 2012-2022. The UK and Thailand experienced a relatively flat trend pattern. By contrast, Russia (-3.2%), Indonesia (-3.3%) and Germany (-12.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States, Malaysia and Belarus increased by +19, +4.3 and +2.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($595M) constitutes the largest market for imported fireworks worldwide, comprising 44% of global imports. The second position in the ranking was taken by the Netherlands ($111M), with an 8.1% share of global imports. It was followed by Poland, with a 4.1% share.
In the United States, fireworks imports expanded at an average annual rate of +8.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Netherlands (+8.0% per year) and Poland (+10.9% per year).
Import Prices By Country
The average fireworks import price stood at $3,035 per ton in 2022, picking up by 14% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Italy ($5,222 per ton), while Thailand ($703 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.5%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Fireworks
In 2022, overseas shipments of fireworks increased by 38% to 457K tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, fireworks exports soared to $1.4B in 2022. Overall, total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.1% 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 +74.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports By Country
China prevails in exports structure, recording 408K tons, which was near 89% of total exports in 2022. It was distantly followed by the Netherlands (25K tons), achieving a 5.5% share of total exports. Germany (7.3K tons) held a little share of total exports.
From 2012 to 2022, average annual rates of growth with regard to fireworks exports from China stood at +2.0%. At the same time, the Netherlands (+12.6%) and Germany (+2.9%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +12.6% from 2012-2022. While the share of the Netherlands (+3.4 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of China (-3.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($1.1B) remains the largest fireworks supplier worldwide, comprising 82% of global exports. The second position in the ranking was held by the Netherlands ($108M), with a 7.8% share of global exports.
From 2012 to 2022, the average annual rate of growth in terms of value in China totaled +4.7%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+17.1% per year) and Germany (+3.4% per year).
Export Prices By Country
In 2022, the average fireworks export price amounted to $3,044 per ton, picking up by 12% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. As a result, the export 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 exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($4,308 per ton), while China ($2,798 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.0%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global fireworks market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20511300 - Fireworks
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
This report provides an in-depth analysis of the global fireworks market.
This report provides an in-depth analysis of the global pyrotechnic articles market.
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