Australia and Oceania: Ink-Pad Market 2023

Ink-Pad Market Size in Australia and Oceania

In 2022, the ink-pad market in Australia and Oceania increased by 6.2% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, showed a noticeable curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Ink-Pad Production in Australia and Oceania

In value terms, ink-pad production reached $X in 2022 estimated in export price. Overall, production, however, saw a deep reduction. The growth pace was the most rapid in 2017 when the production volume increased by 96%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Ink-Pad Exports

Exports in Australia and Oceania

In 2022, exports of ink-pads in Australia and Oceania skyrocketed to X units, rising by 174% against 2021. Overall, exports, however, faced a abrupt setback. The pace of growth appeared the most rapid in 2017 when exports increased by 819%. 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, ink-pad exports surged to $X in 2022. In general, exports, however, saw a dramatic slump. The pace of growth appeared the most rapid in 2017 with an increase of 1,014%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia (X units) represented roughly 99% of total exports in 2022.

Australia was also the fastest-growing in terms of the ink-pads exports, with a CAGR of -19.1% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest ink-pad supplier in Australia and Oceania.

In Australia, ink-pad exports plunged by an average annual rate of -23.0% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, increasing by 21% against the previous year. Overall, the export price, however, continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2018 when the export price increased by 90%. Over the period under review, the export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to -4.8% per year.

Ink-Pad Imports

Imports in Australia and Oceania

In 2022, supplies from abroad of ink-pads was finally on the rise to reach X units after three years of decline. In general, imports saw a relatively flat trend pattern. Over the period under review, imports attained the maximum at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, ink-pad imports rose notably to $X in 2022. Overall, imports, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2018 when imports increased by 32% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Australia (X units) was the major importer of ink-pads, committing 49% of total imports. French Polynesia (X units) held the second position in the ranking, distantly followed by New Zealand (X units) and New Caledonia (X units). All these countries together held approx. 47% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by French Polynesia (with a CAGR of +26.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constitutes the largest market for imported ink-pads in Australia and Oceania, comprising 69% of total imports. The second position in the ranking was held by New Zealand ($X), with a 13% share of total imports. It was followed by New Caledonia, with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled -1.8%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (-4.8% per year) and New Caledonia (+6.4% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, which is down by -31.1% against the previous year. Over the period under review, the import price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2018 when the import price increased by 25%. Over the period under review, import prices hit record highs at $X per unit in 2021, and then declined notably in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per unit), while French Polynesia (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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