Benelux: Self-Adhesive Printed Label Market 2024

Self-Adhesive Printed Label Market Size in Benelux

The Benelux self-adhesive printed label market reduced to $X in 2022, shrinking by -9.3% against the previous year. The total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by +0.4% against 2020 indices. Over the period under review, the market hit record highs at $X in 2021, and then declined in the following year.

Self-Adhesive Printed Label Production in Benelux

In value terms, self-adhesive printed label production fell to $X in 2022 estimated in export price. The total production indicated notable growth from 2012 to 2022: its value 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 2022 figures, production decreased by -29.9% against 2018 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by 78% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Self-Adhesive Printed Label Exports

Exports in Benelux

For the third consecutive year, Benelux recorded growth in shipments abroad of self-adhesive printed labels, which increased by 14% to X tons in 2022. The total export volume increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 34% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, self-adhesive printed label exports stood at $X in 2022. The total export value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by 29% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons) and Belgium (X tons) represented roughly 99% of total exports in 2022.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Belgium (with a CAGR of +6.3%).

In value terms, the largest self-adhesive printed label supplying countries in Benelux were the Netherlands ($X) and Belgium ($X).

In terms of the main exporting countries, the Netherlands, with a CAGR of +3.2%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, dropping by -6.4% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 22%. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then contracted in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.3%).

Self-Adhesive Printed Label Imports

Imports in Benelux

After five years of growth, overseas purchases of self-adhesive printed labels decreased by -7.9% to X tons in 2022. In general, imports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2018 with an increase of 28%. Over the period under review, imports reached the maximum at X tons in 2021, and then dropped in the following year.

In value terms, self-adhesive printed label imports declined to $X in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of 23% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then shrank in the following year.

Imports by Country

Belgium represented the largest importing country with an import of about X tons, which finished at 71% of total imports. It was distantly followed by the Netherlands (X tons), constituting a 28% share of total imports.

Belgium was also the fastest-growing in terms of the self-adhesive printed labels imports, with a CAGR of +11.2% from 2012 to 2022. The Netherlands experienced a relatively flat trend pattern. Belgium (+27 p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands saw its share reduced by -25.7% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) and Belgium ($X) constituted the countries with the highest levels of imports in 2022.

The Netherlands, with a CAGR of +4.0%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, with an increase of 1.9% against the previous year. In general, the import price, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 when the import price increased by 14%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.7%).

Source: IndexBox Platform