Chile: Hand Stamp Market 2024

Hand Stamp Market Size in Chile

The Chilean hand stamp market reduced modestly to $X in 2022, stabilizing at 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). In general, consumption, however, continues to indicate a buoyant increase. As a result, consumption attained the peak level of $X, leveling off in the following year.

Hand Stamp Exports

Exports from Chile

In 2022, hand stamp exports from Chile surged to X units, growing by 42% compared with 2021 figures. Overall, exports, however, showed a deep setback. The growth pace was the most rapid in 2015 when exports increased by 63% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, hand stamp exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a perceptible decrease. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Argentina (X units) was the main destination for hand stamp exports from Chile, accounting for a 51% share of total exports. Moreover, hand stamp exports to Argentina exceeded the volume sent to the second major destination, Paraguay (X units), threefold. Bolivia (X units) ranked third in terms of total exports with a 19% share.

From 2012 to 2022, the average annual growth rate of volume to Argentina amounted to +8.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+7.0% per year) and Bolivia (-7.6% per year).

In value terms, Argentina ($X), Paraguay ($X) and Bolivia ($X) were the largest markets for hand stamp exported from Chile worldwide, together accounting for 88% of total exports.

Argentina, with a CAGR of +8.3%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average hand stamp export price stood at $X per unit in 2022, surging by 18% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price 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, hand stamp export price decreased by -22.6% against 2018 indices. The pace of growth was the most pronounced in 2018 an increase of 42% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($X per unit), while the average price for exports to South Africa ($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 Peru (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Stamp Imports

Imports into Chile

In 2022, the amount of stamps for use in the hand imported into Chile reduced to X units, waning by -6.6% against the year before. Overall, imports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 168% against the previous year. As a result, imports attained the peak of X units, and then shrank in the following year.

In value terms, hand stamp imports rose significantly to $X in 2022. Over the period under review, total imports indicated temperate growth from 2012 to 2022: its value 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. Based on 2022 figures, imports increased by +137.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 121% against the previous year. Imports peaked 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 supplier of hand stamp to Chile, with a 69% share of total imports. Moreover, hand stamp imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), sixfold. The third position in this ranking was taken by Austria (X units), with a 7.2% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +13.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+5.2% per year) and Austria (-1.3% per year).

In value terms, China ($X), Taiwan (Chinese) ($X) and Austria ($X) constituted the largest hand stamp suppliers to Chile, together comprising 74% of total imports.

China, with a CAGR of +6.4%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hand stamp import price stood at $X per unit in 2022, increasing by 15% against the previous year. In general, the import price, however, showed a abrupt decline. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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