U.S.: Hand Stamp Market 2024

Hand Stamp Market Size in the U.S.

The U.S. hand stamp market skyrocketed to $X in 2022, rising by 26% against the previous year. Overall, the total consumption indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +115.4% against 2020 indices. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Hand Stamp Production in the U.S.

In value terms, hand stamp production declined markedly to $X in 2022. In general, production showed a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 82%. Hand stamp production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Hand Stamp Exports

Exports from the U.S.

In 2022, the amount of stamps for use in the hand exported from the United States reduced sharply to X units, with a decrease of -15.7% compared with the previous year. Overall, exports recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of 44%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, hand stamp exports amounted to $X in 2022. In general, exports recorded a perceptible downturn. The pace of growth was the most pronounced in 2021 with an increase of 15%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Canada (X units), Germany (X units) and the UK (X units) were the main destinations of hand stamp exports from the United States, together comprising 75% of total exports. Australia, the Netherlands, Saudi Arabia, El Salvador and Mexico lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (with a CAGR of +16.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hand stamp exported from the United States were Canada ($X), Germany ($X) and Australia ($X), together comprising 65% of total exports. The UK, Saudi Arabia, Mexico, El Salvador and the Netherlands lagged somewhat behind, together accounting for a further 20%.

Among the main countries of destination, Saudi Arabia, with a CAGR of +25.9%, saw 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

The average hand stamp export price stood at $X per unit in 2022, rising by 23% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the 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 Saudi Arabia ($X per unit), while the average price for exports to Canada ($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 Saudi Arabia (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Stamp Imports

Imports into the U.S.

In 2022, supplies from abroad of stamps for use in the hand increased by 67% to X units, rising for the third year in a row after two years of decline. Overall, imports posted a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by 111%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, hand stamp imports stood at $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 49% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of hand stamp to the United States, with a 74% share of total imports. Moreover, hand stamp imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), sixfold. The third position in this ranking was taken by Austria (X units), with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +17.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+26.5% per year) and Austria (+3.3% per year).

In value terms, China ($X) constituted the largest supplier of stamps for use in the hand to the United States, comprising 56% of total imports. The second position in the ranking was taken by Austria ($X), with a 14% share of total imports. It was followed by Vietnam, with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-2.3% per year) and Vietnam (+9.3% per year).

Import Prices by Country

The average hand stamp import price stood at $X per unit in 2022, declining by -31.7% against the previous year. Overall, the import price faced a deep reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 22% 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.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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