Benelux: Hand Stamp Market 2024

Hand Stamp Market Size in Benelux

The Benelux hand stamp market dropped notably to $X in 2022, waning by -40.6% against the previous year. Over the period under review, consumption, however, posted a resilient increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Hand Stamp Production in Benelux

In value terms, hand stamp production reduced markedly to $X in 2022 estimated in export price. In general, production recorded a abrupt descent. The pace of growth appeared the most rapid in 2019 when the production volume increased by 362%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Hand Stamp Exports

Exports in Benelux

In 2022, approx. X units of stamps for use in the hand were exported in Benelux; falling by -4.2% against 2021. Overall, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 37% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, hand stamp exports reduced rapidly to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 90% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands dominates exports structure, recording X units, which was near 96% of total exports in 2022. Belgium (X units) followed a long way behind the leaders.

The Netherlands was also the fastest-growing in terms of the stamps for use in the hand exports, with a CAGR of -7.5% from 2012 to 2022. Belgium (-12.6%) illustrated a downward trend over the same period. The Netherlands (+3.1 p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by -3.2% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) remains the largest hand stamp supplier in Benelux, comprising 95% of total exports. The second position in the ranking was taken by Belgium ($X), with a 4.8% share of total exports.

In the Netherlands, hand stamp exports increased at an average annual rate of +2.6% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, reducing by -14% against the previous year. Overall, the export price, however, posted a resilient expansion. The growth pace was the most rapid in 2014 when the export price increased by 51%. The level of export peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the Netherlands stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.9%).

Hand Stamp Imports

Imports in Benelux

In 2022, purchases abroad of stamps for use in the hand increased by 0.9% to X units, rising for the second year in a row after two years of decline. Total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +6.3% 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 +46.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 45%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, hand stamp imports declined dramatically to $X in 2022. Total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +2.0% 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 +37.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of $X, and then fell remarkably in the following year.

Imports by Country

In 2022, the Netherlands (X units) was the key importer of stamps for use in the hand, making up 80% of total imports. It was distantly followed by Belgium (X units), generating a 19% share of total imports.

The Netherlands was also the fastest-growing in terms of the stamps for use in the hand imports, with a CAGR of +8.0% from 2012 to 2022. At the same time, Belgium (+1.6%) displayed positive paces of growth. From 2012 to 2022, the share of the Netherlands increased by +12 percentage points.

In value terms, the Netherlands ($X) constitutes the largest market for imported stamps for use in the hand in Benelux, comprising 70% of total imports. The second position in the ranking was held by Belgium ($X), with a 28% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands totaled +2.9%.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, declining by -18.9% against the previous year. Overall, the import price saw a noticeable decrease. The most prominent rate of growth was recorded in 2020 an increase of 21% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per unit), while the Netherlands totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-1.0%).

Source: IndexBox Platform