Report Update: May 1, 2024

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

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Paper Label Price in Vietnam - 2021

Paper Label Price in Vietnam (CIF) - 2021

The average paper label import price stood at $13,884 per ton in December 2021, approximately mirroring the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2021 when the average import price increased by 9.9% m-o-m. Over the period under review, average import prices reached the maximum at $14,230 per ton in October 2021; however, from November 2021 to December 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In December 2021, the countries with the highest prices were Hong Kong SAR ($14,448 per ton) and South Korea ($14,086 per ton), while the price for Taiwan (Chinese) ($13,652 per ton) and Japan ($13,701 per ton) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Paper Label Price in Vietnam (FOB) - 2021

In December 2021, the average paper label export price amounted to $12,615 per ton, rising by 3.1% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in May 2021 an increase of 7.1% m-o-m. Over the period under review, the average export prices reached the maximum in December 2021.

Average prices varied somewhat for the major foreign markets. In December 2021, the countries with the highest prices were Bangladesh ($14,071 per ton) and Malaysia ($13,918 per ton), while the average price for exports to the United States ($9,550 per ton) and Japan ($10,717 per ton) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Label Imports in Vietnam

In 2022, imports of labels of paper or paperboard into Vietnam fell to 31K tons, shrinking by -12.5% against the previous year. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.3% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 65% against the previous year. As a result, imports reached the peak of 36K tons, and then fell in the following year.

In value terms, paper label imports dropped to $278M in 2022. In general, imports continue to indicate a mild decline. The pace of growth was the most pronounced in 2021 with an increase of 41%. As a result, imports attained the peak of $325M, and then declined in the following year.

Import of Paper Label in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hong Kong SAR	119	79.5	99.5	220	22.7%
Japan	14.4	9.6	10.1	24.8	19.9%
United States	6.1	8.5	9.2	15.5	36.5%
South Korea	32.4	18.2	18.8	N/A	-23.8%
Thailand	7.2	4.5	6.2	N/A	-7.2%
China	78.0	86.3	155	N/A	41.0%
Taiwan (Chinese)	19.6	16.7	16.2	N/A	-9.1%
Others	10.9	7.6	10.8	17.8	17.8%
Total	288	231	325	278	-1.2%

Top Suppliers of Paper Label to Vietnam in 2022:

Hong Kong SAR (26.8K tons)
Japan (1.3K tons)
United States (1.2K tons)

Paper Label Exports in Vietnam

In 2022, after three years of growth, there was significant decline in overseas shipments of labels of paper or paperboard, when their volume decreased by -10.2% to 9.3K tons. The total export volume increased at an average annual rate of +5.5% 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 with an increase of 24%. As a result, the exports attained the peak of 10K tons, and then declined in the following year.

In value terms, paper label exports declined to $67M in 2022. The total export value increased at an average annual rate of +5.6% over the period 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 with an increase of 29% against the previous year. As a result, the exports reached the peak of $75M, and then shrank in the following year.

Export of Paper Label in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	10.1	10.2	10.3	19.9	25.4%
United States	10.2	11.2	12.7	15.1	14.0%
Philippines	1.6	2.3	1.3	5.2	48.1%
Hong Kong SAR	2.6	1.7	2.8	3.8	13.5%
Myanmar	4.7	1.2	0.8	2.1	-23.6%
Canada	0.7	0.7	0.8	1.2	19.7%
Netherlands	0.1	N/A	0.2	1.1	122.4%
Thailand	6.7	7.7	10.4	N/A	24.6%
Malaysia	1.6	0.9	1.2	N/A	-13.4%
Cambodia	7.7	7.7	9.4	N/A	10.5%
Indonesia	3.4	4.4	10.6	N/A	76.6%
Others	7.4	10.5	14.8	18.5	35.7%
Total	56.9	58.5	75.3	66.9	5.5%

Top Export Markets for Paper Label from Vietnam in 2022:

Japan (4.5K tons)
United States (1.7K tons)
Philippines (0.6K tons)
Myanmar (0.4K tons)
Hong Kong SAR (0.4K tons)
Canada (0.3K tons)
Netherlands (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the paper label market in Vietnam. 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:

Vietnam

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Vietnam
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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