Latin America and the Caribbean: Hand Stamp Market 2024

Hand Stamp Market Size in Latin America and the Caribbean

In 2022, the Latin American hand stamp market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, saw a perceptible contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Hand Stamp Production in Latin America and the Caribbean

In value terms, hand stamp production totaled $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Hand Stamp Exports

Exports in Latin America and the Caribbean

In 2022, approx. X units of stamps for use in the hand were exported in Latin America and the Caribbean; rising by X% compared with the previous year's figure. Overall, exports, however, continue to indicate a deep downturn. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, hand stamp exports totaled $X in 2022. In general, exports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The shipments of the four major exporters of stamps for use in the hand, namely Colombia, Chile, Panama and Brazil, represented more than two-thirds of total export. Guatemala (X units) took the next position in the ranking, followed by Mexico (X units). All these countries together held near X% share of total exports. The following exporters - Argentina (X units) and Jamaica (X units) - each resulted at a X% share of total exports.

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

In value terms, the largest hand stamp supplying countries in Latin America and the Caribbean were Panama ($X), Brazil ($X) and Chile ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Brazil, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per unit, which is down by X% against the previous year. Export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hand stamp export price decreased by X% against 2018 indices. The growth pace was the most rapid in 2013 an increase of X%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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

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

Hand Stamp Imports

Imports in Latin America and the Caribbean

In 2022, supplies from abroad of stamps for use in the hand increased by X% to X units, rising for the second year in a row after three years of decline. In general, imports, however, continue to indicate a pronounced reduction. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, hand stamp imports reached $X in 2022. Overall, imports, however, saw a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Brazil (X units) and Mexico (X units) represented roughly X% of total imports in 2022. Peru (X units) ranks next in terms of the total imports with an X% share, followed by Colombia (X%), Chile (X%) and Argentina (X%). Guatemala (X units), Ecuador (X units), Costa Rica (X units), Panama (X units), Cuba (X units) and Paraguay (X units) took a relatively small 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 Cuba (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest hand stamp importing markets in Latin America and the Caribbean were Mexico ($X), Brazil ($X) and Peru ($X), together comprising X% of total imports. Chile, Argentina, Colombia, Ecuador, Guatemala, Costa Rica, Paraguay, Cuba and Panama lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Cuba, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per unit, falling by X% against the previous year. In general, the import price recorded a mild decrease. The pace of growth appeared the most rapid in 2018 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 Mexico ($X per unit), while Brazil ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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