India: Market for Albums For Samples, Collections, Stamps Or Photographs 2024

Market Size for Albums For Samples, Collections, Stamps Or Photographs in India

The Indian market for albums for samples, collections, stamps or photographs rose sharply to $X in 2022, increasing by 7.9% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Albums For Samples, Collections, Stamps Or Photographs in India

In value terms, stamp and photo collection album production rose rapidly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 57%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Albums For Samples, Collections, Stamps Or Photographs

Exports from India

In 2022, overseas shipments of albums for samples, collections, stamps or photographs increased by 14% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2013 when exports increased by 196%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, stamp and photo collection album exports dropped rapidly to $X in 2022. In general, exports, however, showed a noticeable downturn. The growth pace was the most rapid in 2013 when exports increased by 271%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Spain (X tons), Belgium (X tons) and Sri Lanka (X tons) were the main destinations of stamp and photo collection album exports from India, with a combined 61% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +52.4%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the UK ($X) and the United Arab Emirates ($X) appeared to be the largest markets for stamp and photo collection album exported from India worldwide, with a combined 53% share of total exports.

Spain, with a CAGR of +62.8%, saw the highest growth rate of the value of exports, among 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

In 2022, the average export price for albums for samples, collections, stamps or photographs amounted to $X per ton, which is down by -41.2% against the previous year. Over the period under review, the export price, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 136% against the previous year. The export price peaked at $X per ton in 2021, and then shrank dramatically in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Albums For Samples, Collections, Stamps Or Photographs

Imports into India

In 2022, after two years of decline, there was significant growth in supplies from abroad of albums for samples, collections, stamps or photographs, when their volume increased by 67% to X tons. In general, imports, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2013 with an increase of 91%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, stamp and photo collection album imports soared to $X in 2022. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 180% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X tons), Italy (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of stamp and photo collection album imports to India, with a combined 76% share of total imports. Hong Kong SAR, Germany, the UK, Japan, France and Belgium lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hong Kong SAR (with a CAGR of +61.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of albums for samples, collections, stamps or photographs to India, comprising 44% of total imports. The second position in the ranking was held by China ($X), with a 21% share of total imports. It was followed by Taiwan (Chinese), with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled +16.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-3.9% per year) and Taiwan (Chinese) (+1.5% per year).

Import Prices by Country

In 2022, the average import price for albums for samples, collections, stamps or photographs amounted to $X per ton, dropping by -18.7% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2021 when the average import price increased by 50%. As a result, import price reached the peak level of $X per ton, and then shrank 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 Belgium ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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