Myanmar: Self-Adhesive Printed Label Market 2024

Self-Adhesive Printed Label Market Size in Myanmar

In 2022, the Myanmar's self-adhesive printed label market increased by 38% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption continues to indicate a abrupt decrease. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Self-Adhesive Printed Label Production in Myanmar

In value terms, self-adhesive printed label production dropped to $X in 2022 estimated in export price. In general, production showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Self-Adhesive Printed Label Exports

Exports from Myanmar

In 2022, after two years of growth, there was significant decline in overseas shipments of self-adhesive printed labels, when their volume decreased by -89.8% to X tons. Over the period under review, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 1,342%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then declined dramatically in the following year.

In value terms, self-adhesive printed label exports fell rapidly to $X in 2022. Overall, exports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 885%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons) was the main destination for self-adhesive printed label exports from Myanmar, accounting for a 97% share of total exports. It was followed by Poland (X kg), with a 2.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy was relatively modest.

In value terms, Italy ($X) emerged as the key foreign market for self-adhesive printed labels exports from Myanmar, comprising 97% of total exports. The second position in the ranking was held by Poland ($X), with a 2.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy was relatively modest.

Export Prices by Country

The average self-adhesive printed label export price stood at $X per ton in 2022, surging by 55% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average export price increased by 116%. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Italy totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+182.7%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Adhesive Printed Label Imports

Imports into Myanmar

In 2022, approx. X tons of self-adhesive printed labels were imported into Myanmar; with an increase of 16% against 2021. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 328% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, self-adhesive printed label imports soared to $X in 2022. In general, imports showed a strong increase. The growth pace was the most rapid in 2017 when imports increased by 357% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of self-adhesive printed label to Myanmar, accounting for a 80% share of total imports. Moreover, self-adhesive printed label imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), eightfold. The third position in this ranking was held by Vietnam (X tons), with a 2.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +36.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+103.9% per year) and Vietnam (+81.6% per year).

In value terms, China ($X) constituted the largest supplier of self-adhesive printed labels to Myanmar, comprising 66% of total imports. The second position in the ranking was held by Thailand ($X), with a 15% share of total imports. It was followed by Malaysia, with a 4.8% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+84.5% per year) and Malaysia (+65.3% per year).

Import Prices by Country

In 2022, the average self-adhesive printed label import price amounted to $X per ton, growing by 41% against the previous year. In general, the import price, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 52% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 South Korea ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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