Slovakia: Hand Stamp Market 2024

Hand Stamp Market Size in Slovakia

The Slovak hand stamp market reduced to $X in 2022, which is down by -5.1% against the previous year. In general, consumption recorded a pronounced slump. Hand stamp consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Hand Stamp Production in Slovakia

In value terms, hand stamp production contracted slightly to $X in 2022 estimated in export price. In general, production continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2017 with an increase of 267% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Hand Stamp Exports

Exports from Slovakia

In 2022, the amount of stamps for use in the hand exported from Slovakia skyrocketed to X units, growing by 44% on 2021 figures. Overall, exports posted perceptible growth. The most prominent rate of growth was recorded in 2017 when exports increased by 138% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, hand stamp exports dropped slightly to $X in 2022. Over the period under review, exports posted modest growth. The growth pace was the most rapid in 2017 with an increase of 136% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Austria (X units), the Czech Republic (X units) and Poland (X units) were the main destinations of hand stamp exports from Slovakia, together comprising 70% of total exports. Hungary, Germany, Italy, Croatia and Romania lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +146.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), the Czech Republic ($X) and Poland ($X) appeared to be the largest markets for hand stamp exported from Slovakia worldwide, together comprising 64% of total exports. Germany, Hungary, Romania, Italy and Croatia lagged somewhat behind, together accounting for a further 30%.

Italy, with a CAGR of +51.0%, saw the highest growth rate of the value of exports, in terms of 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 hand stamp export price amounted to $X per unit, falling by -31.2% against the previous year. Overall, the export price saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 65% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a 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 Germany ($X per unit), while the average price for exports to Italy ($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 Germany (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Stamp Imports

Imports into Slovakia

In 2022, overseas purchases of stamps for use in the hand increased by 10% to X units, rising for the second consecutive year after four years of decline. Overall, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 192% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, hand stamp imports amounted to $X in 2022. In general, imports saw a slight increase. The growth pace was the most rapid in 2016 when imports increased by 214%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of hand stamp to Slovakia, with a 75% share of total imports. Moreover, hand stamp imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), more than tenfold. The Czech Republic (X units) ranked third in terms of total imports with a 5.5% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+14.9% per year) and the Czech Republic (+1.5% per year).

In value terms, China ($X) constituted the largest supplier of stamps for use in the hand to Slovakia, comprising 58% of total imports. The second position in the ranking was taken by Germany ($X), with an 11% share of total imports. It was followed by South Korea, with an 8.2% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +22.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-9.3% per year) and South Korea (+11.3% per year).

Import Prices by Country

In 2022, the average hand stamp import price amounted to $X per unit, remaining constant against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when the average import price increased by 10% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($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 (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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