Thailand - Stamps For Use In The Hand - Market Analysis, Forecast, Size, Trends And Insights
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View PricingThailand Sees 3% Decline in Hand Stamp Imports, Totaling $3.2M in 2023
Thailand Hand Stamp Imports
Hand stamp imports into Thailand stood at 2.2M units in 2023, increasing by 14% compared with the previous year's figure. Overall, total imports indicated a tangible expansion from 2013 to 2023: its volume increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by +46.8% against 2019 indices. The growth pace was the most rapid in 2017 when imports increased by 24%. Imports peaked at 2.2M units in 2018; afterwards, it flattened through to 2023.
In value terms, hand stamp imports dropped slightly to $3.2M (IndexBox estimates) in 2023. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 17%. Over the period under review, imports reached the peak figure at $3.4M in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.
| COUNTRY | Import Value of Hand Stamp in Thailand (thousand USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| China | 1,105 | 934 | 818 | 867 | 986 | 1,026 | 1,205 | 844 | 969 | 938 | 947 |
| Taiwan (Chinese) | 719 | 513 | 693 | 614 | 770 | 761 | 637 | 842 | 692 | 871 | 857 |
| Japan | 862 | 968 | 978 | 857 | 769 | 823 | 732 | 607 | 922 | 721 | 628 |
| Austria | 54.9 | 274 | 301 | 318 | 406 | 322 | 244 | 230 | 377 | 341 | 234 |
| Romania | N/A | N/A | N/A | N/A | N/A | N/A | 63.8 | 62.8 | 48.8 | 118 | 192 |
| Vietnam | 117 | 53.4 | 92.9 | 125 | 103 | 103 | 50.4 | 93.6 | 85.5 | 74.5 | 67.0 |
| United States | 24.6 | 27.7 | 33.2 | 36.2 | 52.7 | 52.6 | 48.2 | 32.1 | 26.5 | 28.8 | 64.5 |
| Germany | 26.6 | 38.1 | 27.2 | 37.1 | 52.1 | 115 | 50.9 | 27.2 | 48.8 | 53.5 | 52.5 |
| South Korea | 89.8 | 91.8 | 86.4 | 93.7 | 61.8 | 60.4 | 51.5 | 32.1 | 35.8 | 66.8 | 36.9 |
| Others | 135 | 105 | 105 | 105 | 155 | 105 | 172 | 78.2 | 114 | 76.8 | 107 |
| Total | 3,133 | 3,004 | 3,135 | 3,053 | 3,356 | 3,367 | 3,256 | 2,849 | 3,320 | 3,290 | 3,185 |
Imports by Country
In 2023, China (1.5M units) constituted the largest supplier of hand stamp to Thailand, with a 70% share of total imports. Moreover, hand stamp imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (398K units), fourfold. Austria (91K units) ranked third in terms of total imports with a 4.2% share.
From 2013 to 2023, the average annual rate of growth in terms of volume from China totaled +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+0.8% per year) and Austria (+16.9% per year).
In value terms, the largest hand stamp suppliers to Thailand were China ($947K), Taiwan (Chinese) ($857K) and Japan ($628K), with a combined 76% share of total imports. Austria, Romania, Vietnam, the United States, Germany and South Korea lagged somewhat behind, together comprising a further 20%.
In terms of the main suppliers, Romania, with a CAGR of +31.7%, recorded the highest rates of growth with regard to 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 2023, the hand stamp price amounted to $1.5 per unit (CIF, Thailand), with a decrease of -15.4% against the previous year. In general, the import price saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2019 when the average import price increased by 45%. As a result, import price reached the peak level of $2.2 per unit. From 2020 to 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Japan ($18 per unit), while the price for China ($0.6 per unit) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Japan (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the hand stamp market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32991630 - Date, sealing or numbering stamps, ..., for use in the hand
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
