Asia-Pacific: Ink-Pad Market 2024

Ink-Pad Market Size in Asia-Pacific

The Asia-Pacific ink-pad market declined to $X in 2022, dropping by X% against the previous year. Overall, consumption saw a slight shrinkage. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Ink-Pad Production in Asia-Pacific

In value terms, ink-pad production contracted to $X in 2022 estimated in export price. In general, production continues to indicate a slight slump. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Ink-Pad Exports

Exports in Asia-Pacific

In 2022, shipments abroad of ink-pads increased by X% to X units, rising for the second year in a row after two years of decline. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, ink-pad exports rose sharply to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

China prevails in exports structure, accounting for X units, which was approx. X% of total exports in 2022. Japan (X units) took 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) held a little share of total exports.

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-Pacific, 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. China (X p.p.) and India (X p.p.) significantly strengthened its position in terms of the total exports, while Thailand and Taiwan (Chinese) saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled X%. 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

The export price in Asia-Pacific stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, showed a slight decline. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs 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 amongst the major exporting countries. In 2022, 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-Pacific

In 2022, overseas purchases of ink-pads decreased by X% to X units, falling for the fourth year in a row after seven years of growth. Over the period under review, imports saw a slight downturn. The growth pace was the most rapid in 2013 when imports increased by X%. 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 reduced to $X in 2022. In general, imports recorded a noticeable reduction. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Japan represented the main importing country with an import of about X units, which finished at X% of total imports. China (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Nepal (X%), South Korea (X%), Vietnam (X%) and India (X%). The following importers - Bangladesh (X units), Indonesia (X units), Malaysia (X units), the Philippines (X units), Thailand (X units), Australia (X units) and Sri Lanka (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to ink-pad imports into Japan stood at X%. At the same time, Bangladesh (X%), Nepal (X%), India (X%), Indonesia (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. Thailand experienced a relatively flat trend pattern. By contrast, Vietnam (X%), Australia (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.) and South Korea (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.), China (X p.p.) and Malaysia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate 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

In 2022, the import price in Asia-Pacific amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price, however, recorded a pronounced curtailment. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per unit), while Nepal ($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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