Germany: Ink-Pad Market 2024

Ink-Pad Market Size in Germany

In 2022, after three years of growth, there was significant decline in the German ink-pad market, when its value decreased by -14.1% to $X. In general, consumption showed a abrupt slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Ink-Pad Production in Germany

In value terms, ink-pad production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt decline. The pace of growth was the most pronounced in 2019 when the production volume increased by 16% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Ink-Pad Exports

Exports from Germany

Ink-pad exports from Germany contracted to X units in 2022, shrinking by -14.7% against 2021 figures. In general, exports showed a perceptible descent. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, ink-pad exports fell to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Austria (X units), France (X units) and Switzerland (X units) were the main destinations of ink-pad exports from Germany, with a combined 48% share of total exports. Poland, Italy, Serbia, the Netherlands, the UK, Belgium, Spain, Malaysia and Russia lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of +14.1%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for ink-pad exported from Germany were France ($X), Switzerland ($X) and Austria ($X), with a combined 44% share of total exports. The Netherlands, Poland, Malaysia, Italy, Serbia, Spain, the UK, Belgium and Russia lagged somewhat behind, together comprising a further 40%.

Poland, with a CAGR of +16.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ink-pad export price stood at $X per unit in 2022, with an increase of 8.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 13%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while the average price for exports to Russia ($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 Poland (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Ink-Pad Imports

Imports into Germany

In 2022, after two years of growth, there was decline in purchases abroad of ink-pads, when their volume decreased by -4.7% to X units. Overall, total imports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.4% 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 +39.8% against 2016 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36%. As a result, imports reached the peak of X units, and then dropped slightly in the following year.

In value terms, ink-pad imports shrank dramatically to $X in 2022. In general, total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +2.6% 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 +51.7% against 2015 indices. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year. As a result, imports attained the peak of $X, and then contracted rapidly in the following year.

Imports by Country

Poland (X units), China (X units) and the United States (X units) were the main suppliers of ink-pad imports to Germany, together accounting for 83% of total imports. Austria, Japan, the Czech Republic, Romania and Thailand lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +530.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ink-pad suppliers to Germany were Poland ($X), China ($X) and the United States ($X), with a combined 66% share of total imports. Austria, Japan, the Czech Republic, Romania and Thailand lagged somewhat behind, together comprising a further 28%.

Romania, with a CAGR of +429.0%, saw the highest growth rate of 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 ink-pad import price stood at $X per unit in 2022, dropping by -14.9% against the previous year. In general, the import price saw a mild reduction. The most prominent rate of growth was recorded in 2021 an increase of 10% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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