Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the UK - 2023

Contents:

1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the UK (CIF) - 2023
2. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the UK (FOB) - 2022
3. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the UK
4. Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the UK

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the UK (CIF) - 2023

The average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $4,460 per ton in December 2023, with a decrease of -9.3% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 115% month-to-month. As a result, import price attained the peak level of $9,959 per ton. From February 2023 to December 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($8,984 per ton), while the price for China ($4,241 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+0.3%), while the prices for the other major suppliers experienced a decline.

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the UK (FOB) - 2022

The average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $58,798 per ton in 2022, dropping by -20.6% against the previous year. Over the period under review, the export price, however, continues to indicate strong growth. The growth pace was the most rapid in 2021 an increase of 158% against the previous year. As a result, the export price reached the peak level of $74,015 per ton, and then shrank rapidly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($195,848 per ton), while the average price for exports to Ireland ($11,064 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the UK

In 2022, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses into the UK soared to 12K tons, increasing by 100% compared with the year before. In general, imports recorded a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses soared to $54M in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to the UK in 2022:

1. China (12.1K tons)

Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the UK

In 2022, shipments abroad of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses increased by 166% to 30 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a deep reduction.

In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses skyrocketed to $1.8M in 2022. In general, exports, however, recorded a abrupt slump.

Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from the UK in 2022:

1. Cyprus (6.7 tons)
2. Qatar (6.6 tons)
3. Ireland (2.6 tons)
4. Germany (2.2 tons)
5. Japan (2.0 tons)
6. Finland (1.7 tons)
7. Saudi Arabia (1.6 tons)
8. Netherlands (1.6 tons)
9. United States (1.5 tons)
10. France (0.4 tons)
11. Belgium (0.2 tons)

Source: IndexBox Market Intelligence Platform