Switzerland: Hand Stamp Market 2024

Hand Stamp Market Size in Switzerland

In 2022, the Swiss hand stamp market decreased by -16.8% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Hand stamp consumption peaked at $X in 2021, and then reduced rapidly in the following year.

Hand Stamp Exports

Exports from Switzerland

In 2022, exports of stamps for use in the hand from Switzerland skyrocketed to X units, picking up by 209% compared with 2021 figures. Overall, exports continue to indicate a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hand stamp exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 189% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X units) was the main destination for hand stamp exports from Switzerland, accounting for a 81% share of total exports. Moreover, hand stamp exports to Germany exceeded the volume sent to the second major destination, France (X units), more than tenfold. Portugal (X units) ranked third in terms of total exports with a 3.6% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to +13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+17.7% per year) and Portugal (+29.9% per year).

In value terms, Germany ($X) remains the key foreign market for stamps for use in the hand exports from Switzerland, comprising 74% of total exports. The second position in the ranking was taken by Austria ($X), with a 2.8% share of total exports. It was followed by France, with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +14.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+12.7% per year) and France (+3.5% per year).

Export Prices by Country

In 2022, the average hand stamp export price amounted to $X per unit, falling by -9% against the previous year. Overall, the export price continues to indicate a perceptible slump. The pace of growth appeared the most rapid in 2016 when the average export price increased by 42%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Portugal ($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 Austria (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Stamp Imports

Imports into Switzerland

In 2022, overseas purchases of stamps for use in the hand increased by 2.1% to X units, rising for the second consecutive year after two years of decline. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 21% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, hand stamp imports declined notably to $X in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when imports increased by 32%. Over the period under review, imports attained the maximum at $X in 2021, and then declined rapidly in the following year.

Imports by Country

China (X units), Austria (X units) and Germany (X units) were the main suppliers of hand stamp imports to Switzerland, with a combined 87% share of total imports. Italy and the Netherlands lagged somewhat behind, together accounting for a further 5.5%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +20.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Austria ($X) were the largest hand stamp suppliers to Switzerland, together comprising 80% of total imports. The Netherlands and Italy lagged somewhat behind, together accounting for a further 10%.

The Netherlands, with a CAGR of +27.5%, saw the highest rates of growth with regard to the value of imports, in terms of 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, shrinking by -17.5% against the previous year. Overall, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hand stamp import price decreased by -18.5% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 43%. Over the period under review, average import prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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