Brazil: Hand Stamp Market 2024

Hand Stamp Market Size in Brazil

The Brazilian hand stamp market expanded notably to $X in 2022, with an increase of 5.8% 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). Overall, consumption, however, showed a perceptible decrease. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Hand Stamp Exports

Exports from Brazil

In 2022, the amount of stamps for use in the hand exported from Brazil amounted to X units, with an increase of 3.3% on 2021. In general, exports enjoyed a resilient expansion. The growth pace was the most rapid in 2017 with an increase of 115%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, hand stamp exports declined modestly to $X in 2022. Overall, exports showed a buoyant increase. The pace of growth appeared the most rapid in 2017 when exports increased by 140% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Argentina (X units), Paraguay (X units) and Bolivia (X units) were the main destinations of hand stamp exports from Brazil, together comprising 86% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Argentina (with a CAGR of +96.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hand stamp exported from Brazil were Argentina ($X), Paraguay ($X) and Bolivia ($X), with a combined 78% share of total exports.

In terms of the main countries of destination, Argentina, with a CAGR of +53.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hand stamp export price stood at $X per unit in 2022, shrinking by -4.9% against the previous year. Over the period under review, the export price recorded a slight decline. The most prominent rate of growth was recorded in 2015 an increase of 18%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to Paraguay ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Stamp Imports

Imports into Brazil

In 2022, overseas purchases of stamps for use in the hand increased by 7.1% to X units, rising for the third year in a row after two years of decline. Overall, imports, however, showed a perceptible decline. The pace of growth appeared the most rapid in 2017 with an increase of 71% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, hand stamp imports expanded markedly to $X in 2022. Over the period under review, imports, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by 54%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest hand stamp supplier to Brazil, accounting for a 79% share of total imports. Moreover, hand stamp imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), more than tenfold. The third position in this ranking was held by Austria (X units), with a 6.3% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-2.4% per year) and Austria (-16.1% per year).

In value terms, China ($X) constituted the largest supplier of stamps for use in the hand to Brazil, comprising 58% of total imports. The second position in the ranking was taken by South Korea ($X), with a 16% share of total imports. It was followed by Austria, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+5.7% per year) and Austria (-15.0% per year).

Import Prices by Country

The average hand stamp import price stood at $X per unit in 2022, falling by -1.8% against the previous year. Over the period under review, the import price recorded a slight descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 27%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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