Czech Republic: Hand Stamp Market 2024

Hand Stamp Market Size in the Czech Republic

After two years of growth, the Czech hand stamp market decreased by -6.6% to $X in 2022. Overall, consumption recorded a relatively flat trend pattern. Hand stamp consumption peaked at $X in 2021, and then declined in the following year.

Hand Stamp Production in the Czech Republic

In value terms, hand stamp production dropped slightly to $X in 2022 estimated in export price. Overall, the total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +4.6% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 31% against the previous year. Hand stamp production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Hand Stamp Exports

Exports from the Czech Republic

In 2022, the amount of stamps for use in the hand exported from the Czech Republic dropped modestly to X units, standing approx. at the previous year's figure. In general, total exports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +22.1% against 2020 indices. The pace of growth appeared the most rapid in 2013 when exports increased by 38% against the previous year. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, hand stamp exports fell to $X in 2022. Over the period under review, total exports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +12.8% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of 37% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Austria (X units) was the main destination for hand stamp exports from the Czech Republic, accounting for a 84% share of total exports. Moreover, hand stamp exports to Austria exceeded the volume sent to the second major destination, Germany (X units), tenfold.

From 2012 to 2022, the average annual growth rate of volume to Austria amounted to +1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+32.2% per year) and Slovakia (-3.5% per year).

In value terms, Austria ($X) remains the key foreign market for stamps for use in the hand exports from the Czech Republic, comprising 75% of total exports. The second position in the ranking was held by Germany ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Austria amounted to +2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+43.8% per year) and Slovakia (+0.6% per year).

Export Prices by Country

In 2022, the average hand stamp export price amounted to $X per unit, with a decrease of -12.1% against the previous year. Over the period under review, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the average export price increased by 23%. The export price peaked at $X per unit in 2021, and then fell in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per unit), while the average price for exports to Austria ($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 Germany (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Stamp Imports

Imports into the Czech Republic

In 2022, overseas purchases of stamps for use in the hand increased by 37% to X units, rising for the second year in a row after two years of decline. In general, imports showed a relatively flat trend pattern. Over the period under review, imports attained the peak figure at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, hand stamp imports fell slightly to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 26% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest hand stamp supplier to the Czech Republic, with a 48% share of total imports. Moreover, hand stamp imports from China exceeded the figures recorded by the second-largest supplier, Austria (X units), twofold. The third position in this ranking was held by Germany (X units), with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-8.9% per year) and Germany (+14.7% per year).

In value terms, the largest hand stamp suppliers to the Czech Republic were Austria ($X), Germany ($X) and China ($X), together accounting for 85% of total imports. The Netherlands, Taiwan (Chinese), South Korea and Poland lagged somewhat behind, together accounting for a further 7.8%.

Among the main suppliers, the Netherlands, with a CAGR of +62.6%, saw the highest growth rate of the value of imports, 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, reducing by -29.7% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 27%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average 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 Austria (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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