In 2023, China dominated the global export of ink-pads with a substantial share of 81.39%, followed by Japan with 9.82%. Malaysia and India captured modest shares, at 3.66% and 2.8%, respectively. While India experienced a growth of 4.34%, Japan and Malaysia saw declines of 6.54% and 5.43%, respectively. Other notable increases were in Belarus (15.53%) and Norway (64.25%). However, countries like Thailand and Brazil faced significant drops, each declining by 15.76% and 32.63%.
Future trends to watch include China's continued dominance but potential contractions due to global competition. Japan and Malaysia may need strategic adjustments to regain their market shares. Emerging exporters like Belarus and Norway might continue their upward trajectory, diversifying global sources for ink-pads.
Top countries in Export of Ink-Pads Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 81.39 | 2023 | +1.7% | +1.59% | View data |
| 2 | 2 Japan | 9.82 | 2023 | -4.23% | -6.54% | View data |
| 3 | 3 Malaysia | 3.66 | 2023 | -0.96% | -5.43% | View data |
| 4 | 4 India | 2.8 | 2023 | +4.42% | +4.34% | View data |
| 5 | 5 Thailand | 1.18 | 2023 | -21.91% | -15.76% | View data |
| 6 | 6 Singapore | 0.39 | 2023 | -7.93% | -4.18% | View data |
| 7 | 7 Peru | 0.21 | 2023 | +0.96% | +1.18% | View data |
| 8 | 8 Belarus | 0.18 | 2023 | +4.53% | +15.53% | View data |
| 9 | 9 Russia | 0.046 | 2023 | +2.79% | +5.53% | View data |
| 10 | 10 Botswana | 0.036 | 2023 | +6.12% | +3.08% | View data |