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Latvia - Stamps For Use In The Hand - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHand Stamp Price in Latvia - 2023
Contents:
- Hand Stamp Price in Latvia (CIF) - 2022
- Hand Stamp Price in Latvia (FOB) - 2022
- Hand Stamp Imports in Latvia
- Hand Stamp Exports in Latvia
Hand Stamp Price in Latvia (CIF) - 2022
In 2022, the average hand stamp import price amounted to $2.7 per unit, increasing by 18% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2019 when the average import price increased by 25% against the previous year. The import price peaked at $3.2 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 Italy ($7.1 per unit), while the price for Poland ($1.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Hand Stamp Price in Latvia (FOB) - 2022
The average hand stamp export price stood at $4.2 per unit in 2022, with an increase of 48% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($6 per unit), while the average price for exports to Spain ($1.8 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 Lithuania (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.
Hand Stamp Imports in Latvia
In 2022, hand stamp imports into Latvia declined notably to 71K units, waning by -30.9% on 2021. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 80% against the previous year. As a result, imports reached the peak of 103K units, and then shrank notably in the following year.
In value terms, hand stamp imports declined remarkably to $194K in 2022. Over the period under review, imports recorded a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 68% against the previous year. Imports peaked at $254K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Hand Stamp in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 99.2 | 48.9 | 48.2 | 47.3 | -21.9% |
Italy | 30.2 | 16.9 | 25.4 | 28.6 | -1.8% |
Germany | 11.9 | 13.7 | 23.0 | 25.6 | 29.1% |
Taiwan (Chinese) | 40.4 | N/A | 23.3 | 25.3 | -14.4% |
South Korea | 28.5 | 20.6 | 49.5 | 21.1 | -9.5% |
Lithuania | 17.7 | 8.9 | 6.7 | 18.4 | 1.3% |
China | 3.6 | 17.9 | 10.2 | 9.6 | 38.7% |
Poland | 10.1 | 5.9 | 43.3 | 9.0 | -3.8% |
Others | 12.7 | 8.8 | 8.4 | 9.6 | -8.9% |
Total | 254 | 142 | 238 | 194 | -8.6% |
Top Suppliers of Hand Stamp to Latvia in 2022:
- Taiwan (Chinese) (13.0K units)
- Austria (12.9K units)
- Germany (10.9K units)
- South Korea (9.6K units)
- Poland (7.7K units)
- Lithuania (4.7K units)
- Italy (4.0K units)
- China (3.9K units)
Hand Stamp Exports in Latvia
In 2022, the amount of stamps for use in the hand exported from Latvia contracted sharply to 17K units, dropping by -55.4% against the previous year. In general, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 81%. As a result, the exports reached the peak of 39K units, and then fell markedly in the following year.
In value terms, hand stamp exports shrank dramatically to $73K in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 54% against the previous year. As a result, the exports attained the peak of $110K, and then reduced notably in the following year.
Export of Hand Stamp in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 57.4 | 58.8 | 55.6 | 47.0 | -6.4% |
Estonia | 10.9 | 10.4 | 18.2 | 19.1 | 20.6% |
Spain | 2.5 | 0.4 | 0.2 | 5.7 | 31.6% |
Russia | N/A | N/A | 34.5 | N/A | 0% |
Others | 3.0 | 1.8 | 1.7 | 0.8 | -35.6% |
Total | 73.8 | 71.5 | 110 | 72.7 | -0.5% |
Top Export Markets for Hand Stamp from Latvia in 2022:
- Lithuania (10.5K units)
- Estonia (3.2K units)
- Spain (3.1K units)
This report provides an in-depth analysis of the hand stamp market in Latvia. 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:
- Latvia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Latvia
- 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
-
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
This report provides an in-depth analysis of the hand stamp market in Latvia.
This report provides an in-depth analysis of the global hand stamp market.
This report provides an in-depth analysis of the hand stamp market in Latvia.
This report provides an in-depth analysis of the global hand stamp market.
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