United Arab Emirates: Hand Stamp Market 2024

Hand Stamp Market Size in the United Arab Emirates

The hand stamp market in the United Arab Emirates declined remarkably to $X in 2022, with a decrease of -22.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated mild 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 +26.5% against 2020 indices. As a result, consumption attained the peak level of $X, and then declined rapidly in the following year.

Hand Stamp Exports

Exports from the United Arab Emirates

In 2022, after two years of decline, there was significant growth in shipments abroad of stamps for use in the hand, when their volume increased by 74% to X units. Over the period under review, exports enjoyed moderate growth. The most prominent rate of growth was recorded in 2017 when exports increased by 179%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, hand stamp exports surged to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 94%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Mozambique (X units), Rwanda (X units) and India (X units) were the main destinations of hand stamp exports from the United Arab Emirates, together accounting for 79% of total exports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +125.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mozambique ($X), Egypt ($X) and Rwanda ($X) appeared to be the largest markets for hand stamp exported from the United Arab Emirates worldwide, together comprising 64% of total exports. India, Sri Lanka and Morocco lagged somewhat behind, together comprising a further 18%.

Among the main countries of destination, India, with a CAGR of +159.6%, recorded 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

The average hand stamp export price stood at $X per unit in 2022, declining by -26.6% against the previous year. Over the period under review, the export price showed a pronounced reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 24%. The export price peaked at $X per unit in 2014; however, from 2015 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 Egypt ($X per unit), while the average price for exports to Morocco ($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 Tanzania (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Stamp Imports

Imports into the United Arab Emirates

In 2022, approx. X units of stamps for use in the hand were imported into the United Arab Emirates; waning by -14.9% on 2021 figures. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 43%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, hand stamp imports fell notably to $X in 2022. The total import value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. As a result, imports reached the peak of $X, and then plummeted in the following year.

Imports by Country

China (X units), Italy (X units) and Austria (X units) were the main suppliers of hand stamp imports to the United Arab Emirates, with a combined 63% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +32.7%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest hand stamp suppliers to the United Arab Emirates were Italy ($X), China ($X) and Austria ($X), with a combined 50% share of total imports.

Italy, with a CAGR of +36.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average hand stamp import price stood at $X per unit in 2022, dropping by -2.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2017 when the average import price increased by 31%. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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