Russian Federation: Hand Stamp Market 2024

Hand Stamp Market Size in the Russian Federation

The Russian hand stamp market fell to $X in 2022, almost unchanged from the previous year. Overall, consumption, however, continues to indicate a deep slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Hand Stamp Production in the Russian Federation

In value terms, hand stamp production amounted to $X in 2022 estimated in export price. In general, production, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2018 when the production volume increased by 28%. Hand stamp production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Hand Stamp Exports

Exports from the Russian Federation

Hand stamp exports from Russia fell to X units in 2022, dropping by -8.6% against the year before. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2013 with an increase of 764% against the previous year. The exports peaked at X units in 2021, and then reduced in the following year.

In value terms, hand stamp exports declined remarkably to $X in 2022. Over the period under review, exports, however, posted a remarkable increase. The growth pace was the most rapid in 2013 with an increase of 515%. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced remarkably in the following year.

Exports by Country

Belarus (X units), Armenia (X units) and Kazakhstan (X units) were the main destinations of hand stamp exports from Russia, with a combined 79% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Armenia (with a CAGR of +111.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hand stamp exported from Russia were Belarus ($X), Kazakhstan ($X) and Armenia ($X), with a combined 84% share of total exports.

In terms of the main countries of destination, Armenia, with a CAGR of +101.4%, 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

In 2022, the average hand stamp export price amounted to $X per unit, dropping by -8.4% against the previous year. Overall, the export price saw a deep contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 9.7% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Ukraine ($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 Tajikistan (+31.9%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Stamp Imports

Imports into the Russian Federation

In 2022, hand stamp imports into Russia contracted to X units, reducing by -5.1% compared with 2021. Overall, imports, however, showed a strong expansion. The pace of growth was the most pronounced in 2014 with an increase of 174%. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, hand stamp imports dropped to $X in 2022. Over the period under review, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 142% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest hand stamp supplier to Russia, accounting for a 68% share of total imports. Moreover, hand stamp imports from China exceeded the figures recorded by the second-largest supplier, Austria (X units), threefold. The Czech Republic (X units) ranked third in terms of total imports with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+5.4% per year) and the Czech Republic (+11.4% per year).

In value terms, the largest hand stamp suppliers to Russia were China ($X), Austria ($X) and the Czech Republic ($X), with a combined 93% share of total imports. Romania lagged somewhat behind, accounting for a further 2.5%.

Among the main suppliers, Romania, with a CAGR of +117.8%, saw the highest rates of growth with regard to 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

The average hand stamp import price stood at $X per unit in 2022, which is down by -3.5% against the previous year. In general, the import price showed a pronounced decline. The pace of growth was the most pronounced in 2018 when the average import price increased by 10% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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