Israel: Paper Label Market 2024

Paper Label Market Size in Israel

In 2021, after four years of growth, there was significant decline in the Israeli paper label market, when its value decreased by -8.9% to $X. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Paper Label Production in Israel

In value terms, paper label production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 23%. Paper label production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Paper Label Exports

Exports from Israel

Paper label exports from Israel declined to X tons in 2021, remaining constant against the previous year. Over the period under review, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 50%. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, paper label exports expanded modestly to $X in 2021. Overall, total exports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +13.3% against 2019 indices. The pace of growth was the most pronounced in 2015 with an increase of 42%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for paper label exports from Israel, with a 59% share of total exports. Moreover, paper label exports to the United States exceeded the volume sent to the second major destination, Austria (X tons), fivefold. The third position in this ranking was held by Brazil (X tons), with a 5% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +19.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+41.0% per year) and Brazil (+89.6% per year).

In value terms, the United States ($X) remains the key foreign market for labels of paper or paperboard exports from Israel, comprising 58% of total exports. The second position in the ranking was taken by Austria ($X), with a 10% share of total exports. It was followed by Brazil, with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +19.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+39.3% per year) and Brazil (+87.7% per year).

Export Prices by Country

In 2021, the average paper label export price amounted to $X per ton, rising by 2.8% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 14%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were Egypt ($X per ton) and the Netherlands ($X per ton), while the average price for exports to Austria ($X per ton) and Brazil ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Label Imports

Imports into Israel

In 2021, approx. X tons of labels of paper or paperboard were imported into Israel; picking up by 21% on 2020. Over the period under review, total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +24.5% against 2018 indices. The pace of growth was the most pronounced in 2016 with an increase of 38% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, paper label imports surged to $X in 2021. Overall, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Turkey (X tons) and the United States (X tons) were the main suppliers of paper label imports to Israel, together comprising 71% of total imports. These countries were followed by Germany, Malta, Spain, Belgium, Italy, the UK, Hong Kong SAR, Slovenia and France, which together accounted for a further 23%.

From 2012 to 2021, the biggest increases were recorded for Malta (with a CAGR of +152.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest paper label suppliers to Israel were China ($X), Turkey ($X) and the United States ($X), with a combined 70% share of total imports. Germany, Malta, Spain, Italy, Belgium, the UK, Slovenia, France and Hong Kong SAR lagged somewhat behind, together accounting for a further 23%.

Among the main suppliers, Malta, with a CAGR of +164.7%, saw the highest growth rate of 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

The average paper label import price stood at $X per ton in 2021, with an increase of 7.6% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Malta ($X per ton) and Spain ($X per ton), while the price for Belgium ($X per ton) and Hong Kong SAR ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malta (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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