Russian Federation: Self-Adhesive Printed Label Market 2024

Self-Adhesive Printed Label Market Size in the Russian Federation

In 2022, the Russian self-adhesive printed label market increased by 1.2% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, saw a pronounced setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Self-Adhesive Printed Label Production in the Russian Federation

In value terms, self-adhesive printed label production declined to $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2017 when the production volume increased by 83% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Self-Adhesive Printed Label Exports

Exports from the Russian Federation

In 2022, exports of self-adhesive printed labels from Russia surged to X tons, jumping by 19% compared with the year before. Over the period under review, exports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2016 when exports increased by 144%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, self-adhesive printed label exports fell modestly to $X in 2022. In general, exports enjoyed a resilient increase. The growth pace was the most rapid in 2016 when exports increased by 41% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then contracted in the following year.

Exports by Country

Kazakhstan (X tons) was the main destination for self-adhesive printed label exports from Russia, with a 55% share of total exports. Moreover, self-adhesive printed label exports to Kazakhstan exceeded the volume sent to the second major destination, Belarus (X tons), threefold. Armenia (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kazakhstan totaled +17.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+22.4% per year) and Armenia (+37.9% per year).

In value terms, Kazakhstan ($X), Armenia ($X) and Belarus ($X) appeared to be the largest markets for self-adhesive printed label exported from Russia worldwide, together comprising 74% of total exports.

Armenia, with a CAGR of +42.7%, recorded 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, waning by -19.9% against the previous year. Overall, the export price recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 when the average export price increased by 68% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($X per ton), while the average price for exports to Kazakhstan ($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 Ukraine (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

Self-Adhesive Printed Label Imports

Imports into the Russian Federation

In 2022, the amount of self-adhesive printed labels imported into Russia shrank modestly to X tons, which is down by -4.3% on the previous year's figure. In general, imports recorded a perceptible setback. The most prominent rate of growth was recorded in 2015 when imports increased by 45%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, self-adhesive printed label imports declined to $X in 2022. Over the period under review, imports recorded a perceptible contraction. The pace of growth was the most pronounced in 2018 when imports increased by 30% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Ukraine (X tons), Belarus (X tons) and China (X tons) were the main suppliers of self-adhesive printed label imports to Russia, together comprising 84% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belarus (with a CAGR of +5.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest self-adhesive printed label suppliers to Russia were Ukraine ($X), Belarus ($X) and China ($X), with a combined 72% share of total imports.

Belarus, with a CAGR of +4.6%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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, reducing by -3.6% against the previous year. Over the period under review, the import price recorded a slight setback. The pace of growth appeared the most rapid in 2014 an increase of 127% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average 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 ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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