Eastern Asia: Self-Adhesive Printed Label Market 2024

Self-Adhesive Printed Label Market Size in Eastern Asia

The East Asian self-adhesive printed label market amounted to $X in 2022, approximately equating the previous year. The market value increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Self-Adhesive Printed Label Production in Eastern Asia

In value terms, self-adhesive printed label production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of 17%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Self-Adhesive Printed Label Exports

Exports in Eastern Asia

In 2022, exports of self-adhesive printed labels in Eastern Asia fell to X tons, with a decrease of -9.6% against 2021. The total export volume increased at an average annual rate of +1.0% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 36%. As a result, the exports attained the peak of X tons, and then fell in the following year.

In value terms, self-adhesive printed label exports shrank to $X in 2022. The total export value increased at an average annual rate of +2.8% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 34% against the previous year. As a result, the exports reached the peak of $X, leveling off in the following year.

Exports by Country

China represented the key exporter of self-adhesive printed labels in Eastern Asia, with the volume of exports recording X tons, which was near 75% of total exports in 2022. Hong Kong SAR (X tons) held the second position in the ranking, distantly followed by Taiwan (Chinese) (X tons). All these countries together took approx. 21% share of total exports. South Korea (X tons) held a relatively small share of total exports.

China was also the fastest-growing in terms of the self-adhesive printed labels exports, with a CAGR of +2.9% from 2012 to 2022. At the same time, South Korea (+1.4%) displayed positive paces of growth. Taiwan (Chinese) experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (-4.2%) illustrated a downward trend over the same period. While the share of China (+13 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Hong Kong SAR (-11.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest self-adhesive printed label supplier in Eastern Asia, comprising 63% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 25% share of total exports. It was followed by Taiwan (Chinese), with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at +8.1%. In the other countries, the average annual rates were as follows: Hong Kong SAR (-2.4% per year) and Taiwan (Chinese) (+1.7% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, surging by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2013 when the export price increased by 12% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.0%), while the other leaders experienced more modest paces of growth.

Self-Adhesive Printed Label Imports

Imports in Eastern Asia

In 2022, imports of self-adhesive printed labels in Eastern Asia reduced sharply to X tons, which is down by -24.4% compared with the previous year's figure. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, self-adhesive printed label imports stood at $X in 2022. In general, imports saw a perceptible contraction. The growth pace was the most rapid in 2021 when imports increased by 24%. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Hong Kong SAR represented the largest importing country with an import of around X tons, which amounted to 71% of total imports. China (X tons) held a 17% share (based on physical terms) of total imports, which put it in second place, followed by Taiwan (Chinese) (5.1%) and Japan (4.6%). South Korea (X tons) held a minor share of total imports.

Imports into Hong Kong SAR decreased at an average annual rate of -5.2% from 2012 to 2022. At the same time, Japan (+3.5%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +3.5% from 2012-2022. South Korea experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (-2.4%) and China (-7.2%) illustrated a downward trend over the same period. While the share of Japan (+2.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of China (-4.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hong Kong SAR ($X), China ($X) and Japan ($X) were the countries with the highest levels of imports in 2022, together comprising 91% of total imports. Taiwan (Chinese) and South Korea lagged somewhat behind, together accounting for a further 9%.

Taiwan (Chinese), with a CAGR of +4.8%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, picking up by 34% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :