Turkey - Labels Of Paper Or Paperboard - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Mar 1, 2024

Turkey - Labels Of Paper Or Paperboard - Market Analysis, Forecast, Size, Trends and Insights

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Paper Label Price in Turkey - 2023

Contents:

  1. Paper Label Price in Turkey (FOB) - 2023
  2. Paper Label Price in Turkey (CIF) - 2023
  3. Paper Label Exports in Turkey
  4. Paper Label Imports in Turkey

Paper Label Price in Turkey (FOB) - 2023

In July 2023, the average paper label export price amounted to $10,013 per ton, with an increase of 16% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Egypt ($16,198 per ton), while the average price for exports to Azerbaijan ($2,962 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

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Aleksandr Romanenko

Paper Label Price in Turkey (CIF) - 2023

In July 2023, the average paper label import price amounted to $26,708 per ton, increasing by 1.8% against the previous month. In general, the import price continues to indicate slight growth. The pace of growth was the most pronounced in March 2023 when the average import price increased by 29% against the previous month. As a result, import price attained the peak level of $31,313 per ton. From April 2023 to July 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Malta ($209K per ton), while the price for Russia ($7,569 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Poland (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Paper Label Exports in Turkey

In 2022, the amount of labels of paper or paperboard exported from Turkey was estimated at 9.2K tons, growing by 9.5% compared with 2021 figures. The total export volume increased at an average annual rate of +8.9% from 2019 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 21% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, paper label exports totaled $80M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 38%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

Export of Paper Label in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt7.86.79.78.52.9%
Germany2.73.05.66.634.7%
Iraq3.63.84.14.810.1%
Georgia2.82.22.94.315.4%
Bulgaria2.93.14.54.011.3%
United States0.90.82.63.760.2%
Italy1.51.32.73.127.4%
Russia0.50.50.52.877.6%
Israel1.51.72.42.315.3%
Morocco1.21.31.12.120.5%
France1.01.02.01.923.9%
Azerbaijan1.61.00.91.72.0%
Libya0.41.70.70.614.5%
Others27.123.732.333.47.2%
Total55.652.172.179.812.8%

Top Export Markets for Paper Label from Turkey in 2022:

  1. Iraq (809.3 tons)
  2. United States (750.9 tons)
  3. Germany (655.5 tons)
  4. Russia (513.2 tons)
  5. Egypt (500.6 tons)
  6. Israel (436.3 tons)
  7. Georgia (406.2 tons)
  8. Bulgaria (321.2 tons)
  9. Azerbaijan (320.2 tons)
  10. Morocco (311.1 tons)
  11. Italy (236.1 tons)
  12. Libya (214.6 tons)
  13. France (212.3 tons)

Paper Label Imports in Turkey

After two years of decline, purchases abroad of labels of paper or paperboard increased by 6.7% to 1.8K tons in 2022. In general, imports, however, continue to indicate a pronounced downturn.

In value terms, paper label imports rose remarkably to $45M in 2022. Overall, imports, however, continue to indicate a pronounced downturn.

Import of Paper Label in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.57.511.110.63.7%
Germany6.96.77.78.78.0%
Italy4.43.74.65.15.0%
Romania0.60.41.41.638.7%
Poland1.62.21.51.60.0%
GeorgiaN/AN/AN/A1.50%
Hong Kong SAR2.11.21.21.4-12.6%
Netherlands1.21.01.11.0-5.9%
United Kingdom1.00.80.70.9-3.5%
Spain1.00.60.70.9-3.5%
France1.51.21.30.8-18.9%
Sweden0.20.40.50.751.8%
Lithuania0.10.20.20.344.2%
Others21.815.88.510.1-22.6%
Total52.041.640.645.1-4.6%

Top Suppliers of Paper Label to Turkey in 2022:

  1. Germany (457.5 tons)
  2. China (384.1 tons)
  3. Poland (205.7 tons)
  4. Italy (161.5 tons)
  5. Netherlands (69.2 tons)
  6. Romania (61.8 tons)
  7. Sweden (61.2 tons)
  8. Georgia (57.9 tons)
  9. Spain (44.2 tons)
  10. United Kingdom (38.9 tons)
  11. France (37.6 tons)
  12. Hong Kong SAR (37.6 tons)
  13. Lithuania (29.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the paper label market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 17291120 - Self-adhesive printed labels of paper or paperboard
  • Prodcom 17291140 - Printed labels of paper or paperboard (excluding selfadhesive)
  • Prodcom 17291160 - Self-adhesive labels of paper or paperboard (excluding printed)
  • Prodcom 17291180 - Labels of paper or paperboard (excluding printed, selfadhesive)

Country coverage:

  • Turkey

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Turkey
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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