Ink-Pad Market in CIS
Market Overview
In 
, the CIS ink-pad market increased by % to $ for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, showed a noticeable downturn. As a result, consumption attained the peak level of $. From 2011 to , the growth of the market remained at a lower figure.
In value terms, ink-pad production stood at $ in estimated in export price. In general, production saw a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of %. Over the period under review, production attained the maximum level at $ in 2007; however, from 2008 to , production failed to regain momentum.
Tajikistan ( units) remains the largest ink-pad producing country in the CIS, comprising approx. % of total volume.
From 2007 to, the average annual growth rate of volume in Tajikistan amounted to -%.
, the CIS ink-pad market increased by % to $ for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, showed a noticeable downturn. As a result, consumption attained the peak level of $. From 2011 to , the growth of the market remained at a lower figure.In value terms, ink-pad production stood at $
in estimated in export price. In general, production saw a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of %. Over the period under review, production attained the maximum level at $ in 2007; however, from 2008 to , production failed to regain momentum.Tajikistan (
units) remains the largest ink-pad producing country in the CIS, comprising approx. % of total volume.From 2007 to
, the average annual growth rate of volume in Tajikistan amounted to -%.Consumption
In , ink-pad consumption in the CIS contracted to units, declining by -% against the previous year's figure. In general, consumption continues to indicate a slight slump. Over the period under review, consumption hit record highs at units in 2013; however, from 2014 to , consumption remained at a lower figure.
The value of the ink-pad market in the CIS dropped to $ in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a pronounced reduction. As a result, consumption reached the peak level of $. From 2011 to , the growth of the market failed to regain momentum.
, ink-pad consumption in the CIS contracted to units, declining by -% against the previous year's figure. In general, consumption continues to indicate a slight slump. Over the period under review, consumption hit record highs at units in 2013; however, from 2014 to , consumption remained at a lower figure.The value of the ink-pad market in the CIS dropped to $
in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a pronounced reduction. As a result, consumption reached the peak level of $. From 2011 to , the growth of the market failed to regain momentum.Consumption by Country
Russia ( units) remains the largest ink-pad consuming country in the CIS, accounting for % of total volume. Moreover, ink-pad consumption in Russia exceeded the figures recorded by the second-largest consumer, Tajikistan ( units), sevenfold. The third position in this ranking was held by Belarus ( units), with a % share.
From 2007 to, the average annual rate of growth in terms of volume in Russia was relatively modest. In the other countries, the average annual rates were as follows: Tajikistan (-% per year) and Belarus (+% per year).
In value terms, Russia ($) led the market, alone. The second position in the ranking was held by Belarus ($). It was followed by Tajikistan.
From 2007 to, the average annual rate of growth in terms of value in Russia amounted to +%. In the other countries, the average annual rates were as follows: Belarus (+% per year) and Tajikistan (-% per year).
In No countries ink-pad per capita consumption remained relatively stable over the period from 2007-.
units) remains the largest ink-pad consuming country in the CIS, accounting for % of total volume. Moreover, ink-pad consumption in Russia exceeded the figures recorded by the second-largest consumer, Tajikistan ( units), sevenfold. The third position in this ranking was held by Belarus ( units), with a % share.From 2007 to
, the average annual rate of growth in terms of volume in Russia was relatively modest. In the other countries, the average annual rates were as follows: Tajikistan (-% per year) and Belarus (+% per year).In value terms, Russia ($
) led the market, alone. The second position in the ranking was held by Belarus ($). It was followed by Tajikistan.From 2007 to
, the average annual rate of growth in terms of value in Russia amounted to +%. In the other countries, the average annual rates were as follows: Belarus (+% per year) and Tajikistan (-% per year).In No countries ink-pad per capita consumption remained relatively stable over the period from 2007-
.Market Forecast
Depressed by shrinking demand for ink-pad in the CIS, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to units by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to units by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
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