Luxembourg: Hand Stamp Market 2024

Hand Stamp Market Size in Luxembourg

The Luxembourg hand stamp market reduced to $X in 2022, with a decrease of -14.7% 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). Overall, consumption continues to indicate a pronounced descent. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Hand Stamp Exports

Exports from Luxembourg

After four years of growth, overseas shipments of stamps for use in the hand decreased by -1.1% to X units in 2022. In general, exports, however, showed temperate growth. The growth pace was the most rapid in 2014 with an increase of 41%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, hand stamp exports declined to $X in 2022. Overall, total exports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +3.1% 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 +85.8% against 2016 indices. The most prominent rate of growth was recorded in 2019 when exports increased by 40% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then contracted in the following year.

Exports by Country

Belgium (X units), France (X units) and New Caledonia (X units) were the main destinations of hand stamp exports from Luxembourg, together comprising 97% 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 New Caledonia (with a CAGR of +45.3%), while the other leaders experienced mixed trend patterns.

In value terms, France ($X), Belgium ($X) and New Caledonia ($X) were the largest markets for hand stamp exported from Luxembourg worldwide, together comprising 99% of total exports.

In terms of the main countries of destination, New Caledonia, with a CAGR of +65.6%, 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, which is down by -7.8% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 137% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Belgium ($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 New Caledonia (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Stamp Imports

Imports into Luxembourg

In 2022, approx. X units of stamps for use in the hand were imported into Luxembourg; dropping by -13.9% on 2021 figures. Overall, imports saw a pronounced contraction. The most prominent rate of growth was recorded in 2015 with an increase of 159% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, hand stamp imports shrank to $X in 2022. Over the period under review, imports recorded a noticeable shrinkage. The growth pace was the most rapid in 2016 when imports increased by 69% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Belgium (X units), China (X units) and Germany (X units) were the main suppliers of hand stamp imports to Luxembourg, with a combined 48% share of total imports. The Netherlands, France, Austria and Italy lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +40.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Austria ($X) and Germany ($X) appeared to be the largest hand stamp suppliers to Luxembourg, with a combined 49% share of total imports. France, the Netherlands, China and Italy lagged somewhat behind, together accounting for a further 22%.

Italy, with a CAGR of +38.3%, recorded the highest growth rate of the value of imports, among the main suppliers 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, leveling off at the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 478% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a 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 Austria ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :