CIS: Ink-Pad Market 2022

Ink-Pad Exports

Exports in CIS

In 2021, overseas shipments of ink-pads increased by X% to X units, rising for the second consecutive year after three years of decline. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, ink-pad exports surged to $X in 2021. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Belarus (X units) and Russia (X units) was the major exporter of ink-pads in the CIS, making up X% of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Belarus (+X value terms, Russia ($X) remains the largest ink-pad supplier in the CIS, comprising X% of total exports. The second position in the ranking was occupied by Belarus ($X), with an X% share of total exports.

In Russia, ink-pad exports increased at an average annual rate of +X% over the period from 2012-2021.

Export Prices by Country

The ink-pad export price in the CIS stood at $X per unit in 2021, with a decrease of -X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X% year-to-year. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Russia ($X per unit), while Belarus amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+X%).

Ink-Pad Imports

Imports in CIS

In 2021, overseas purchases of ink-pads decreased by -X% to X units, falling for the third year in a row after two years of growth. In general, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. As a result, imports attained the peak of X units. From 2014 to 2021, the growth imports failed to regain momentum.

In value terms, ink-pad imports reduced modestly to $X in 2021. Over the period under review, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Russia dominates ink-pad imports structure, accounting for X units, which was approx. X% of total imports in 2021. It was distantly followed by Belarus (X units), creating a X% share of total imports. The following importers - Kazakhstan (X units), Uzbekistan (X units) and Armenia (X units) - together made up X% of total imports.

From 2012 to 2021, average annual rates of growth with regard to ink-pad imports into Russia stood at -X%. At the same time, Uzbekistan (+X%) and Armenia (+X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +X% from 2012-2021. By contrast, Belarus (-X%) and Kazakhstan (-X%) illustrated a downward trend over the same period. While the share of Belarus (+X p.p.), Uzbekistan (+X p.p.) and Armenia (+X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Russia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported ink-pads in the CIS, comprising X% of total imports. The second position in the ranking was occupied by Belarus ($X), with a X% share of total imports. It was followed by Kazakhstan, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia totaled -X%. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (-X% per year) and Kazakhstan (-X% per year).

Import Prices by Country

In 2021, the ink-pad import price in the CIS amounted to $X per unit, growing by X% against the previous year. Import price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ink-pad import price increased by +X% against 2019 indices. The pace of growth was the most pronounced in 2014 an increase of X% y-o-y. Over the period under review, import prices attained the maximum in 2021 and is likely to continue growth in the near future.

Prices varied noticeably by the country of destination: the country with the highest price was Uzbekistan ($X per unit), while Armenia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform