Netherlands: Ink-Pad Market 2024

Ink-Pad Market Size in the Netherlands

The Dutch ink-pad market was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption saw a strong expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Ink-Pad Production in the Netherlands

In value terms, ink-pad production dropped to $X in 2022 estimated in export price. In general, production, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2017 with an increase of 303% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Ink-Pad Exports

Exports from the Netherlands

In 2022, after three years of growth, there was significant decline in shipments abroad of ink-pads, when their volume decreased by -70.2% to X units. Over the period under review, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 59%. As a result, the exports attained the peak of X units, and then shrank remarkably in the following year.

In value terms, ink-pad exports dropped sharply to $X in 2022. In general, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 35%. As a result, the exports reached the peak of $X, and then declined sharply in the following year.

Exports by Country

France (X units), Germany (X units) and Belgium (X units) were the main destinations of ink-pad exports from the Netherlands, with a combined 61% share of total exports. Russia, Poland, the United Arab Emirates, the UK, Canada, Slovakia, Italy, Sweden and Denmark lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +146.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Belgium ($X) constituted the largest markets for ink-pad exported from the Netherlands worldwide, together accounting for 55% of total exports. The UK, Canada, Russia, Poland, the United Arab Emirates, Slovakia, Sweden, Italy and Denmark lagged somewhat behind, together comprising a further 34%.

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of +88.1%, 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 ink-pad export price stood at $X per unit in 2022, waning by -4.4% against the previous year. Over the period under review, the export price showed a pronounced shrinkage. The pace of growth was the most pronounced in 2016 an increase of 15%. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 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 Canada ($X per unit), while the average price for exports to Italy ($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 UK (+2.8%), while the prices for the other major destinations experienced a decline.

Ink-Pad Imports

Imports into the Netherlands

In 2022, supplies from abroad of ink-pads increased by 103% to X units, rising for the third consecutive year after three years of decline. Overall, imports continue to indicate prominent growth. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, ink-pad imports surged to $X in 2022. Over the period under review, imports enjoyed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Belgium (X units) and Germany (X units) were the main suppliers of ink-pad imports to the Netherlands, with a combined 55% share of total imports. Austria, Japan, France, Italy and the United States lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +177.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of ink-pads to the Netherlands, comprising 32% of total imports. The second position in the ranking was taken by Germany ($X), with a 15% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium amounted to +31.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+27.7% per year) and China (+23.6% per year).

Import Prices by Country

In 2022, the average ink-pad import price amounted to $X per unit, rising by 4.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2017 an increase of 35%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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