Europe: Ink-Pad Market 2024

Ink-Pad Market Size in Europe

The Europe ink-pad market expanded significantly to $X in 2022, growing by 11% against the previous year. Over the period under review, consumption, however, recorded a abrupt curtailment. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Ink-Pad Production in Europe

In value terms, ink-pad production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2017 with an increase of 29%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Ink-Pad Exports

Exports in Europe

In 2022, shipments abroad of ink-pads decreased by -23.6% to X units for the first time since 2017, thus ending a four-year rising trend. In general, exports saw a mild setback. The most prominent rate of growth was recorded in 2021 when exports increased by 44%. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, ink-pad exports declined markedly to $X in 2022. Over the period under review, exports showed a noticeable descent. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Austria (X units), distantly followed by Poland (X units), France (X units), the Czech Republic (X units), the Netherlands (X units), Romania (X units) and Germany (X units) represented the main exporters of ink-pads, together committing 87% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading 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 ($X) remains the largest ink-pad supplier in Europe, comprising 41% of total exports. The second position in the ranking was held by France ($X), with a 15% share of total exports. It was followed by Germany, with a 12% 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 Europe stood at $X per unit in 2022, increasing by 4% against the previous year. In general, the export price, however, showed a perceptible reduction. The pace of growth was the most pronounced in 2014 an increase of 19%. 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 failed to regain momentum.

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 Europe

In 2022, supplies from abroad of ink-pads decreased by -0.5% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 10% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, ink-pad imports shrank modestly to $X in 2022. In general, imports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of ink-pad imports in 2022 were Germany (X units), France (X units), the Netherlands (X units), Austria (X units), Bulgaria (X units) and the UK (X units), together recording 73% of total import. The following importers - Spain (X units), Russia (X units), Belgium (X units), Switzerland (X units), Italy (X units), Poland (X units) and the Czech Republic (X units) - together made up 20% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key 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 51% of total imports. Austria, the UK, Switzerland, Spain, Bulgaria, Italy, Poland, Belgium, the Czech Republic and Russia lagged somewhat behind, together accounting for a further 40%.

Bulgaria, with a CAGR of +8.4%, saw the highest rates of growth with regard to the value of imports, among 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 Europe amounted to $X per unit, almost unchanged from the previous year. Overall, the import price recorded a mild slump. The pace of growth was the most pronounced in 2014 when the import price increased by 11% against the previous year. The level of import peaked at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X per unit), while Bulgaria ($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