Argentina: Self-Adhesive Printed Label Market 2024

Self-Adhesive Printed Label Market Size in Argentina

The Argentinian self-adhesive printed label market reduced modestly to $X in 2022, shrinking by -3% against the previous year. Overall, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +2.6% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Self-Adhesive Printed Label Production in Argentina

In value terms, self-adhesive printed label production shrank modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +3.1% against 2020 indices. The pace of growth appeared the most rapid in 2015 with an increase of 30%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Self-Adhesive Printed Label Exports

Exports from Argentina

In 2022, exports of self-adhesive printed labels from Argentina surged to X tons, rising by 51% compared with 2021 figures. Over the period under review, exports, however, continue to indicate a abrupt setback. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, self-adhesive printed label exports soared to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Colombia (X tons) was the main destination for self-adhesive printed label exports from Argentina, with a 46% share of total exports. Moreover, self-adhesive printed label exports to Colombia exceeded the volume sent to the second major destination, Uruguay (X tons), twofold. Chile (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Colombia totaled +22.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-6.2% per year) and Chile (+2.4% per year).

In value terms, Colombia ($X) remains the key foreign market for self-adhesive printed labels exports from Argentina, comprising 69% of total exports. The second position in the ranking was held by Uruguay ($X), with an 11% share of total exports. It was followed by Chile, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Colombia stood at +34.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-8.7% per year) and Chile (+7.0% per year).

Export Prices by Country

In 2022, the average self-adhesive printed label export price amounted to $X per ton, increasing by 19% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +8.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, self-adhesive printed label export price increased by +25.7% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 23% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

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 Colombia ($X per ton), while the average price for exports to Bolivia ($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 Ecuador (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Adhesive Printed Label Imports

Imports into Argentina

Self-adhesive printed label imports into Argentina fell to X tons in 2022, which is down by -14.9% compared with 2021 figures. In general, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2014 with an increase of 66% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, self-adhesive printed label imports dropped to $X in 2022. Overall, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2015 with an increase of 29%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Slovenia (X tons), Germany (X tons) and China (X tons) were the main suppliers of self-adhesive printed label imports to Argentina, with a combined 79% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of +65.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest self-adhesive printed label suppliers to Argentina were Slovenia ($X), Germany ($X) and Italy ($X), together accounting for 68% of total imports. Spain, China, Brazil, the United States, Chile and Thailand lagged somewhat behind, together comprising a further 26%.

Among the main suppliers, Spain, with a CAGR of +78.2%, saw the highest rates of growth with regard to the value of imports, 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, rising by 2.8% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2020 an increase of 62% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 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 Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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