Italy: Hand Stamp Market 2024

Hand Stamp Market Size in Italy

For the fourth consecutive year, the Italian hand stamp market recorded decline in sales value, which decreased by -22.6% to $X in 2022. Overall, consumption recorded a abrupt decline. Hand stamp consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Hand Stamp Production in Italy

In value terms, hand stamp production reduced to $X in 2022 estimated in export price. Overall, production showed a abrupt downturn. The growth pace was the most rapid in 2014 with an increase of 205% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Hand Stamp Exports

Exports from Italy

In 2022, approx. X units of stamps for use in the hand were exported from Italy; falling by -14.3% against the year before. Over the period under review, total exports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +1.7% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 104% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, hand stamp exports declined modestly to $X in 2022. The total export value increased at an average annual rate of +4.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 63%. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

The United States (X units), the United Arab Emirates (X units) and Saudi Arabia (X units) were the main destinations of hand stamp exports from Italy, together accounting for 36% of total exports. Turkey, Switzerland, Spain, France, the UK, Romania, Germany, Mexico, Bulgaria and Poland lagged somewhat behind, together comprising a further 39%.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +73.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hand stamp exported from Italy were the United States ($X), Turkey ($X) and the United Arab Emirates ($X), together accounting for 38% of total exports. Saudi Arabia, Germany, Switzerland, France, Romania, Spain, the UK, Poland, Mexico and Bulgaria lagged somewhat behind, together accounting for a further 32%.

Among the main countries of destination, Switzerland, with a CAGR of +42.0%, saw the highest rates of growth with regard to 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

The average hand stamp export price stood at $X per unit in 2022, picking up by 11% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 26%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Bulgaria ($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 the United Arab Emirates (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Stamp Imports

Imports into Italy

Hand stamp imports into Italy was estimated at X units in 2022, surging by 14% compared with 2021. In general, total imports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.2% 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 +64.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, hand stamp imports rose sharply to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Austria (X units) constituted the largest supplier of hand stamp to Italy, accounting for a 45% share of total imports. Moreover, hand stamp imports from Austria exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was taken by Germany (X units), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Austria amounted to +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-4.3% per year) and Germany (+13.7% per year).

In value terms, Austria ($X) constituted the largest supplier of stamps for use in the hand to Italy, comprising 49% of total imports. The second position in the ranking was held by China ($X), with an 18% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Austria amounted to +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+1.8% per year) and Germany (-1.9% per year).

Import Prices by Country

In 2022, the average hand stamp import price amounted to $X per unit, dropping by -7.3% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 29%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per unit), while the price for Taiwan (Chinese) ($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 (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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