China: Self-Adhesive Printed Label Market 2024

Self-Adhesive Printed Label Market Size in China

The Chinese self-adhesive printed label market totaled $X in 2022, standing approx. at the previous year. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +7.7% 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 -3.1% against 2020 indices. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Self-Adhesive Printed Label Production in China

In value terms, self-adhesive printed label production reached $X in 2022 estimated in export price. In general, the total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +8.0% 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 -1.0% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the production volume increased by 52%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Self-Adhesive Printed Label Exports

Exports from China

In 2022, exports of self-adhesive printed labels from China contracted slightly to X tons, declining by -3.9% on the year before. The total export volume increased at an average annual rate of +2.9% 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 2021 when exports increased by 38%. As a result, the exports attained the peak of X tons, and then reduced slightly in the following year.

In value terms, self-adhesive printed label exports totaled $X in 2022. Overall, exports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 45%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The United States (X tons), Vietnam (X tons) and Cambodia (X tons) were the main destinations of self-adhesive printed label exports from China, with a combined 31% share of total exports. Indonesia, Thailand, Myanmar, Russia, the Philippines, South Korea, Malaysia, Bangladesh, the Netherlands and Australia lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +29.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for self-adhesive printed label exported from China were the United States ($X), Vietnam ($X) and Cambodia ($X), with a combined 29% share of total exports. Australia, Myanmar, Malaysia, Indonesia, Thailand, Bangladesh, the Netherlands, the Philippines, South Korea and Russia lagged somewhat behind, together accounting for a further 26%.

The Philippines, with a CAGR of +31.8%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average self-adhesive printed label export price amounted to $X per ton, picking up by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.0%. The growth pace was the most rapid in 2013 when the average export price increased by 18%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Adhesive Printed Label Imports

Imports into China

In 2022, overseas purchases of self-adhesive printed labels increased by 18% to X tons, rising for the second year in a row after eight years of decline. Overall, imports, however, continue to indicate a abrupt setback. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, self-adhesive printed label imports surged to $X in 2022. Over the period under review, imports, however, recorded a perceptible descent. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of self-adhesive printed label to China, accounting for a 18% share of total imports. Moreover, self-adhesive printed label imports from the United States exceeded the figures recorded by the second-largest supplier, South Korea (X tons), twofold. The third position in this ranking was taken by Japan (X tons), with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-9.3% per year) and Japan (-8.5% per year).

In value terms, the largest self-adhesive printed label suppliers to China were the United States ($X), Japan ($X) and Germany ($X), together comprising 45% of total imports. South Korea, Italy, Malta and Sri Lanka lagged somewhat behind, together comprising a further 8.8%.

Among the main suppliers, Malta, with a CAGR of +233.6%, 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 2022, the average self-adhesive printed label import price amounted to $X per ton, growing by 3.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2014 an increase of 12%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Malta ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+25.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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