Australia: Hand Stamp Market 2024

Hand Stamp Market Size in Australia

In 2022, after two years of growth, there was significant decline in the Australian hand stamp market, when its value decreased by -10.5% to $X. Overall, consumption continues to indicate a slight curtailment. Hand stamp consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Hand Stamp Exports

Exports from Australia

In 2022, overseas shipments of stamps for use in the hand increased by 87% to X units, rising for the third consecutive year after three years of decline. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 204%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, hand stamp exports skyrocketed to $X in 2022. Overall, exports showed tangible growth. The pace of growth was the most pronounced in 2016 when exports increased by 240% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

New Zealand (X units) was the main destination for hand stamp exports from Australia, with a 64% share of total exports. Moreover, hand stamp exports to New Zealand exceeded the volume sent to the second major destination, the United States (X units), threefold. The third position in this ranking was held by Papua New Guinea (X units), with a 7.5% share.

From 2012 to 2022, the average annual growth rate of volume to New Zealand totaled +16.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-11.3% per year) and Papua New Guinea (+17.9% per year).

In value terms, New Zealand ($X) emerged as the key foreign market for stamps for use in the hand exports from Australia, comprising 64% of total exports. The second position in the ranking was taken by the United States ($X), with a 21% share of total exports. It was followed by Papua New Guinea, with a 7.5% share.

From 2012 to 2022, the average annual growth rate of value to New Zealand amounted to +27.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-9.6% per year) and Papua New Guinea (+20.3% per year).

Export Prices by Country

In 2022, the average hand stamp export price amounted to $X per unit, growing by 20% against the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 an increase of 72%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per unit) and New Zealand ($X per unit), while the average price for exports to the UK ($X per unit) and Papua New Guinea ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Samoa (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Stamp Imports

Imports into Australia

After two years of growth, purchases abroad of stamps for use in the hand decreased by -9.7% to X units in 2022. Overall, imports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, hand stamp imports fell to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 43%. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of hand stamp to Australia, with a 56% share of total imports. Moreover, hand stamp imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. The third position in this ranking was taken by Japan (X units), with a 3.9% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.7% per year) and Japan (-13.7% per year).

In value terms, China ($X) constituted the largest supplier of stamps for use in the hand to Australia, comprising 56% of total imports. The second position in the ranking was taken by the United States ($X), with a 19% share of total imports. It was followed by Japan, with a 3.9% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-4.0% per year) and Japan (-10.3% per year).

Import Prices by Country

The average hand stamp import price stood at $X per unit in 2022, increasing by 3.8% against the previous year. Over the period under review, the import price continues to indicate pronounced growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 57% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($X per unit) and the United States ($X per unit), while the price for Malaysia ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+23.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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