Ukraine: Hand Stamp Market 2024

Hand Stamp Market Size in Ukraine

The Ukrainian hand stamp market dropped markedly to $X in 2022, shrinking by -47.7% against the previous year. Over the period under review, consumption continues to indicate a abrupt curtailment. As a result, consumption reached the peak level of $X, and then plummeted in the following year.

Hand Stamp Production in Ukraine

In value terms, hand stamp production declined to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. 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 Ukraine

Hand stamp exports from Ukraine reduced dramatically to X units in 2022, which is down by -33.5% against the previous year's figure. Over the period under review, exports, however, enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2019 with an increase of 6,561% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, hand stamp exports skyrocketed to $X in 2022. Overall, exports, however, saw perceptible growth. The growth pace was the most rapid in 2019 with an increase of 6,402% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Moldova (X units), Kuwait (X units) and Azerbaijan (X units) were the main destinations of hand stamp exports from Ukraine, together accounting for 86% of total exports.

From 2012 to 2022, the biggest increases were recorded for Azerbaijan (with a CAGR of +41.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Kuwait ($X) emerged as the key foreign market for stamps for use in the hand exports from Ukraine, comprising 66% of total exports. The second position in the ranking was taken by Moldova ($X), with a 22% share of total exports. It was followed by Bulgaria, with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kuwait stood at -49.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+23.0% per year) and Bulgaria (+3.4% per year).

Export Prices by Country

In 2022, the average hand stamp export price amounted to $X per unit, surging by 94% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 142% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Kuwait ($X per unit), while the average price for exports to Romania ($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 Kuwait (+54.8%), while the prices for the other major destinations experienced mixed trend patterns.

Hand Stamp Imports

Imports into Ukraine

In 2022, approx. X units of stamps for use in the hand were imported into Ukraine; reducing by -48.1% compared with the year before. Overall, imports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2016 with an increase of 39% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then shrank significantly in the following year.

In value terms, hand stamp imports fell dramatically to $X in 2022. Over the period under review, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 40%. As a result, imports attained the peak of $X, and then plummeted in the following year.

Imports by Country

China (X units), Austria (X units) and Taiwan (Chinese) (X units) were the main suppliers of hand stamp imports to Ukraine, together comprising 92% of total imports. These countries were followed by Italy, which accounted for a further 6.5%.

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 +24.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Austria ($X), China ($X) and Taiwan (Chinese) ($X) appeared to be the largest hand stamp suppliers to Ukraine, together comprising 83% of total imports. Italy lagged somewhat behind, accounting for a further 12%.

Italy, with a CAGR of +21.8%, recorded 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 mixed trend patterns.

Import Prices by Country

In 2022, the average hand stamp import price amounted to $X per unit, dropping by -2.9% against the previous year. Overall, the import price saw a perceptible slump. The growth pace was the most rapid in 2013 when the average import price increased by 5.8%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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