South Africa: Hand Stamp Market 2024

Hand Stamp Market Size in South Africa

The South African hand stamp market reduced to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption showed a slight descent. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Hand Stamp Production in South Africa

In value terms, hand stamp production expanded to $X in 2022 estimated in export price. Overall, production, however, showed a slight slump. The growth pace was the most rapid in 2020 with an increase of X%. Hand stamp production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Hand Stamp Exports

Exports from South Africa

In 2022, overseas shipments of stamps for use in the hand increased by X% to X units, rising for the second year in a row after six years of decline. Overall, exports, however, showed a pronounced decline. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, hand stamp exports soared to $X in 2022. In general, exports, however, continue to indicate a mild setback. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Botswana (X units), Lesotho (X units) and Namibia (X units) were the main destinations of hand stamp exports from South Africa, together comprising X% of total exports. Mozambique, Swaziland, Zambia, Ghana and Zimbabwe lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for hand stamp exported from South Africa were Botswana ($X), Namibia ($X) and Lesotho ($X), with a combined X% share of total exports. Mozambique, Swaziland, Zimbabwe, Zambia and Ghana lagged somewhat behind, together accounting for a further X%.

Ghana, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average hand stamp export price amounted to $X per unit, flattening at the previous year. Overall, the export price showed a slight expansion. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Namibia ($X per unit), while the average price for exports to Ghana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Stamp Imports

Imports into South Africa

Hand stamp imports into South Africa contracted significantly to X units in 2022, reducing by X% on the previous year. Overall, imports continue to indicate a pronounced slump. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, hand stamp imports shrank rapidly to $X in 2022. Over the period under review, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Austria (X units), China (X units) and Taiwan (Chinese) (X units) were the main suppliers of hand stamp imports to South Africa, together accounting for X% of total imports. Romania, the Czech Republic, Italy, Malaysia, the United States and Germany lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest hand stamp suppliers to South Africa were Austria ($X), China ($X) and Italy ($X), with a combined X% share of total imports. Taiwan (Chinese), Romania, the Czech Republic, Malaysia, Germany and the United States lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hand stamp import price stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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