Belarus: Paper Label Market 2024

Paper Label Market Size in Belarus

The Belarusian paper label market soared to $X in 2022, jumping by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Paper Label Production in Belarus

In value terms, paper label production expanded slightly to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Paper Label Exports

Exports from Belarus

In 2022, exports of labels of paper or paperboard from Belarus declined notably to X tons, which is down by X% against the previous year's figure. Overall, exports showed a deep setback. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked at X tons in 2021, and then declined dramatically in the following year.

In value terms, paper label exports declined rapidly to $X in 2022. Over the period under review, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then fell notably in the following year.

Exports by Country

Russia (X tons) was the main destination for paper label exports from Belarus, accounting for a X% share of total exports. Moreover, paper label exports to Russia exceeded the volume sent to the second major destination, Lithuania (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to X%.

In value terms, Russia ($X) remains the key foreign market for labels of paper or paperboard exports from Belarus, comprising X% of total exports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia stood at X%.

Export Prices by Country

The average paper label export price stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the export price continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Lithuania amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%).

Paper Label Imports

Imports into Belarus

In 2022, the amount of labels of paper or paperboard imported into Belarus expanded rapidly to X tons, surging by X% on 2021. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, paper label imports stood at $X in 2022. Over the period under review, imports, however, saw a slight descent. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Latvia (X tons), Russia (X tons) and Lithuania (X tons) were the main suppliers of paper label imports to Belarus, together comprising X% of total imports. China, Turkey, Ukraine, Italy and Poland lagged somewhat behind, together accounting for a further X%.

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

In value terms, Russia ($X), Latvia ($X) and Lithuania ($X) constituted the largest paper label suppliers to Belarus, together comprising X% of total imports. Ukraine, China, Turkey, Poland and Italy lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Turkey, with a CAGR of X%, recorded the highest growth rate of 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

The average paper label import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 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 Russia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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