Germany: Hand Stamp Market 2024

Hand Stamp Market Size in Germany

In 2022, the German hand stamp market decreased by -19.8% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Hand stamp consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Hand Stamp Production in Germany

In value terms, hand stamp production shrank to $X in 2022 estimated in export price. Overall, production continues to indicate a slight decrease. The pace of growth was the most pronounced in 2014 with an increase of 18%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Hand Stamp Exports

Exports from Germany

In 2022, approx. X units of stamps for use in the hand were exported from Germany; reducing by -23.1% on the previous year. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 26% against the previous year. Over the period under review, the exports reached the maximum at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, hand stamp exports declined rapidly to $X in 2022. Overall, exports saw a slight setback. The pace of growth appeared the most rapid in 2013 with an increase of 12%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Austria (X units), France (X units) and Poland (X units) were the main destinations of hand stamp exports from Germany, together comprising 47% of total exports. Switzerland, the Netherlands, the Czech Republic, the UK, Slovakia, Spain, Italy, the United States, Belgium and Hungary lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of +16.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hand stamp exported from Germany were France ($X), Switzerland ($X) and Austria ($X), together accounting for 43% of total exports. Poland, the Netherlands, the Czech Republic, Spain, the UK, the United States, Italy, Belgium, Slovakia and Hungary lagged somewhat behind, together comprising a further 38%.

Among the main countries of destination, Slovakia, with a CAGR of +11.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average hand stamp export price amounted to $X per unit, picking up by 7.7% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 27% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Slovakia ($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 (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Stamp Imports

Imports into Germany

In 2022, approx. X units of stamps for use in the hand were imported into Germany; waning by -15.5% against 2021 figures. Overall, total imports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -25.9% against 2020 indices. The growth pace was the most rapid in 2016 when imports increased by 34%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, hand stamp imports fell markedly to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 29%. As a result, imports attained the peak of $X, and then reduced markedly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of hand stamp to Germany, accounting for a 57% share of total imports. Moreover, hand stamp imports from China exceeded the figures recorded by the second-largest supplier, Austria (X units), fourfold. The third position in this ranking was taken by the United States (X units), with a 7.5% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-5.0% per year) and the United States (-2.5% per year).

In value terms, the largest hand stamp suppliers to Germany were China ($X), Austria ($X) and the United States ($X), with a combined 67% share of total imports. Romania, the Netherlands, Malaysia, Taiwan (Chinese) and Italy lagged somewhat behind, together comprising a further 17%.

Malaysia, with a CAGR of +47.4%, 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, waning by -15.5% against the previous year. Over the period under review, the import price showed a mild reduction. The growth pace was the most rapid in 2017 when the average import price increased by 50% against the previous year. The import price peaked at $X per unit in 2021, and then dropped remarkably in the following year.

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 ($X per unit), while the price for China ($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) (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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