Slovakia: Self-Adhesive Printed Label Market 2024

Self-Adhesive Printed Label Market Size in Slovakia

In 2022, the Slovak self-adhesive printed label market increased by 27% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Self-Adhesive Printed Label Production in Slovakia

In value terms, self-adhesive printed label production soared to $X in 2022 estimated in export price. Overall, production enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 53%. Self-adhesive printed label production peaked in 2022 and is likely to continue growth in the immediate term.

Self-Adhesive Printed Label Exports

Exports from Slovakia

In 2022, approx. X tons of self-adhesive printed labels were exported from Slovakia; which is down by -31.6% against the previous year's figure. In general, total exports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -32.3% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 31% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, self-adhesive printed label exports contracted remarkably to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 17%. Over the period under review, the exports hit record highs at $X in 2021, and then contracted notably in the following year.

Exports by Country

The Czech Republic (X tons), Hungary (X tons) and Austria (X tons) were the main destinations of self-adhesive printed label exports from Slovakia, together accounting for 70% of total exports. Italy, Poland, Switzerland, Germany and France lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +90.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), the Czech Republic ($X) and Austria ($X) appeared to be the largest markets for self-adhesive printed label exported from Slovakia worldwide, with a combined 73% share of total exports. Italy, Poland, Switzerland, France and Germany lagged somewhat behind, together comprising a further 22%.

Italy, with a CAGR of +63.4%, recorded the highest growth rate of the value of exports, in terms of 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

The average self-adhesive printed label export price stood at $X per ton in 2022, picking up by 9.6% against the previous year. Over the period under review, the export price, however, continues to indicate a mild contraction. The pace of growth was the most pronounced in 2016 an increase of 28%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Switzerland ($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 Germany (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Adhesive Printed Label Imports

Imports into Slovakia

In 2022, the amount of self-adhesive printed labels imported into Slovakia reduced to X tons, which is down by -11.6% on the previous year. Overall, imports saw a deep setback. The pace of growth was the most pronounced in 2014 when imports increased by 53% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, self-adhesive printed label imports shrank dramatically to $X in 2022. The total import value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when imports increased by 30% against the previous year. Imports peaked at $X in 2021, and then shrank dramatically in the following year.

Imports by Country

The Czech Republic (X tons), Hungary (X tons) and Germany (X tons) were the main suppliers of self-adhesive printed label imports to Slovakia, together accounting for 66% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +15.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest self-adhesive printed label suppliers to Slovakia were Germany ($X), the Czech Republic ($X) and Poland ($X), with a combined 53% share of total imports. Hungary, Austria, France, Italy and the Netherlands lagged somewhat behind, together comprising a further 30%.

Hungary, with a CAGR of +18.2%, recorded the highest rates of growth with regard to 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

The average self-adhesive printed label import price stood at $X per ton in 2022, waning by -16.7% against the previous year. In general, the import price, however, saw a prominent increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 54%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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