Finland: Self-Adhesive Printed Label Market 2024

Self-Adhesive Printed Label Market Size in Finland

The Finnish self-adhesive printed label market expanded significantly to $X in 2022, increasing by 6.8% against the previous year. The market value increased at an average annual rate of +1.9% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the near future.

Self-Adhesive Printed Label Production in Finland

In value terms, self-adhesive printed label production rose markedly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by 16% against the previous year. Self-adhesive printed label production peaked in 2022 and is expected to retain growth in the immediate term.

Self-Adhesive Printed Label Exports

Exports from Finland

After three years of decline, shipments abroad of self-adhesive printed labels increased by 23% to X tons in 2022. In general, exports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2016 when exports increased by 25% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, self-adhesive printed label exports surged to $X in 2022. Overall, exports, however, faced a abrupt setback. The growth pace was the most rapid in 2014 when exports increased by 55%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Norway (X tons) was the main destination for self-adhesive printed label exports from Finland, with a 46% share of total exports. Moreover, self-adhesive printed label exports to Norway exceeded the volume sent to the second major destination, Russia (X tons), ninefold. China (X tons) ranked third in terms of total exports with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway stood at -6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-16.9% per year) and China (+4.9% per year).

In value terms, Norway ($X) remains the key foreign market for self-adhesive printed labels exports from Finland, comprising 30% of total exports. The second position in the ranking was held by Estonia ($X), with an 11% share of total exports. It was followed by China, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value to Norway totaled -4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (-9.2% per year) and China (+6.5% per year).

Export Prices by Country

The average self-adhesive printed label export price stood at $X per ton in 2022, surging by 8.5% against the previous year. In general, the export price saw moderate growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 91%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($X per ton), while the average price for exports to Ireland ($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 Estonia (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Adhesive Printed Label Imports

Imports into Finland

In 2022, supplies from abroad of self-adhesive printed labels decreased by -17.4% to X tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +1.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 28% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, self-adhesive printed label imports shrank remarkably to $X in 2022. Overall, imports recorded a noticeable curtailment. The growth pace was the most rapid in 2018 with an increase of 70% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Estonia (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of self-adhesive printed label imports to Finland, with a combined 60% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +36.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest self-adhesive printed label suppliers to Finland were Estonia ($X), Germany ($X) and Sweden ($X), together comprising 54% of total imports. Poland, Denmark, the Netherlands, China and Italy lagged somewhat behind, together accounting for a further 25%.

Among the main suppliers, Poland, with a CAGR of +32.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average self-adhesive printed label import price stood at $X per ton in 2022, falling by -20.6% against the previous year. In general, the import price recorded a noticeable reduction. The pace of growth was the most pronounced in 2018 an increase of 32% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat 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 China ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :