EU: Ink-Pad Market 2024

Ink-Pad Market Size in the EU

The EU ink-pad market skyrocketed to $X in 2022, with an increase of 17% against the previous year. In general, consumption, however, saw a deep reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Ink-Pad Production in the EU

In value terms, ink-pad production amounted to $X in 2022 estimated in export price. In general, production saw a deep downturn. The pace of growth was the most pronounced in 2017 when the production volume increased by 12%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Ink-Pad Exports

Exports in the EU

In 2022, after four years of growth, there was significant decline in overseas shipments of ink-pads, when their volume decreased by -25% to X units. In general, exports saw a slight slump. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. As a result, the exports attained the peak of X units, and then declined significantly in the following year.

In value terms, ink-pad exports declined rapidly to $X in 2022. Overall, exports saw a noticeable reduction. The growth pace was the most rapid in 2021 with an increase of 25%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Austria was the major exporter of ink-pads in the European Union, with the volume of exports finishing at X units, which was approx. 34% of total exports in 2022. Poland (X units) took a 19% share (based on physical terms) of total exports, which put it in second place, followed by France (11%), the Czech Republic (7.8%), the Netherlands (7.1%), Romania (6.6%) and Germany (5.8%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Romania (with a CAGR of +90.5%), while the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) remains the largest ink-pad supplier in the European Union, comprising 44% of total exports. The second position in the ranking was held by France ($X), with a 16% share of total exports. It was followed by Germany, with a 13% share.

From 2012 to 2022, the average annual growth rate of value in Austria amounted to -5.2%. The remaining exporting countries recorded the following average annual rates of exports growth: France (+7.8% per year) and Germany (-0.8% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, picking up by 5.4% against the previous year. Overall, the export price, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2014 when the export price increased by 21%. Over the period under review, the export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.9%), while the other leaders experienced more modest paces of growth.

Ink-Pad Imports

Imports in the EU

In 2022, approx. X units of ink-pads were imported in the European Union; remaining relatively unchanged against 2021 figures. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 22% against the previous year. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, ink-pad imports totaled $X in 2022. Overall, imports, however, recorded a mild curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the five major importers of ink-pads, namely Germany, France, the Netherlands, Austria and Bulgaria, represented more than two-thirds of total import. It was distantly followed by Spain (X units), making up a 4.5% share of total imports. Belgium (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bulgaria (with a CAGR of +22.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 60% of total imports. Austria, Spain, Bulgaria and Belgium lagged somewhat behind, together accounting for a further 21%.

Bulgaria, with a CAGR of +8.4%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per unit, stabilizing at the previous year. Overall, the import price showed a slight decline. The pace of growth appeared the most rapid in 2014 an increase of 13%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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