Asia: Ink-Pad Market 2024

Ink-Pad Market Size in Asia

The Asian ink-pad market amounted to $X in 2022, rising by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Ink-Pad Production in Asia

In value terms, ink-pad production fell modestly to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

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Ink-Pad Exports

Exports in Asia

In 2022, overseas shipments of ink-pads increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, ink-pad exports expanded significantly to $X in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

China dominates exports structure, accounting for X units, which was near X% of total exports in 2022. Japan (X units) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Taiwan (Chinese) (X%). India (X units) and Thailand (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, India (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. Japan experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (X%) and Thailand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and India increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest ink-pad supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total exports. It was followed by Japan, with an X% share.

In China, ink-pad exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (X% per year) and Japan (X% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per unit, surging by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Ink-Pad Imports

Imports in Asia

In 2022, supplies from abroad of ink-pads decreased by X% to X units, falling for the fourth consecutive year after seven years of growth. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, ink-pad imports expanded to $X in 2022. Over the period under review, imports recorded a perceptible decline. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Japan was the key importer of ink-pads in Asia, with the volume of imports amounting to X units, which was approx. X% of total imports in 2022. It was distantly followed by China (X units), Nepal (X units), the United Arab Emirates (X units), South Korea (X units) and Vietnam (X units), together making up a X% share of total imports. India (X units), Bangladesh (X units), Indonesia (X units), Malaysia (X units), the Philippines (X units), Thailand (X units) and Sri Lanka (X units) held a little share of total imports.

Imports into Japan increased at an average annual rate of X% from 2012 to 2022. At the same time, Bangladesh (X%), Nepal (X%), India (X%), Indonesia (X%), South Korea (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. Thailand experienced a relatively flat trend pattern. By contrast, Vietnam (X%), China (X%), the Philippines (X%), Malaysia (X%) and Sri Lanka (X%) illustrated a downward trend over the same period. While the share of Japan (X p.p.), Nepal (X p.p.), India (X p.p.), Bangladesh (X p.p.), Indonesia (X p.p.), South Korea (X p.p.) and the United Arab Emirates (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Philippines (X p.p.), Sri Lanka (X p.p.), Malaysia (X p.p.) and China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported ink-pads in Asia, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total imports. It was followed by South Korea, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Japan totaled X%. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Asia stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the import price, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2020 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($X per unit), while Nepal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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