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Report Ghana - Stamps for Use in the Hand - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Ghana - Stamps for Use in the Hand - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Hand Stamp Market 2024

Hand Stamp Market Size in Ghana

The Ghanian hand stamp market dropped sharply to $X in 2022, which is down by -29.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a strong increase. Over the period under review, the market hit record highs at $X in 2021, and then declined dramatically in the following year.

Hand Stamp Exports

Exports from Ghana

In 2021, overseas shipments of stamps for use in the hand decreased by 0% to X units, falling for the second consecutive year after three years of decline. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 249%. Over the period under review, the exports attained the maximum at X units in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, hand stamp exports surged to $X in 2021. Overall, exports enjoyed a notable expansion. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Malta (X units) was the main destination for hand stamp exports from Ghana, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Malta was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to Malta was relatively modest.

Export Prices by Country

In 2021, the average hand stamp export price amounted to $X per unit, approximately equating the previous year. Overall, the export price saw a pronounced expansion. The growth pace was the most rapid in 2016 when the average export price increased by 121%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Malta.

From 2012 to 2021, the rate of growth in terms of prices for Cote d'Ivoire amounted to +88.0% per year.

Hand Stamp Imports

Imports into Ghana

In 2022, imports of stamps for use in the hand into Ghana shrank notably to X units, which is down by -41.5% on the previous year. Overall, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2018 when imports increased by 427% against the previous year. Imports peaked at X units in 2021, and then contracted sharply in the following year.

In value terms, hand stamp imports fell sharply to $X in 2022. In general, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 631% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then declined significantly in the following year.

Imports by Country

Taiwan (Chinese) (X units), Italy (X units) and the United Arab Emirates (X units) were the main suppliers of hand stamp imports to Ghana, with a combined 64% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +46.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Austria ($X) and Italy ($X) appeared to be the largest hand stamp suppliers to Ghana, together accounting for 55% of total imports. Taiwan (Chinese), China, South Korea, Thailand, South Africa, Canada, India, France and Singapore lagged somewhat behind, together comprising a further 33%.

Among the main suppliers, Singapore, with a CAGR of +44.0%, recorded 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

In 2022, the average hand stamp import price amounted to $X per unit, increasing by 38% against the previous year. Overall, the import price enjoyed prominent growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 140%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per unit), while the price for Singapore ($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 (+47.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of hand stamp consumption in 2021 were Austria, China and the United States, with a combined 63% share of global consumption. These countries were followed by the UK, Japan, France, Germany, Turkey, South Korea, Spain and Italy, which together accounted for a further 21%.
The countries with the highest volumes of hand stamp production in 2021 were Austria, China and the United States, with a combined 68% share of global production. These countries were followed by the UK, Japan, France, Turkey, Taiwan Chinese), Italy, South Korea and Spain, which together accounted for a further 20%.
In value terms, Taiwan Chinese) constituted the largest supplier of hand stamp to Ghana, comprising 62% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 14% share of total imports. It was followed by China, with a 6.2% share.
The average hand stamp export price stood at $46 per unit in 2019, flattening at the previous year.
The average hand stamp import price stood at $13 per unit in 2021, jumping by 16% against the previous year.

This report provides an in-depth analysis of the hand stamp market in Ghana. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 32991630 - Date, sealing or numbering stamps, ..., for use in the hand

Country coverage:

  • Ghana

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Ghana
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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