Indonesia: Paper Label Market 2024

Paper Label Market Size in Indonesia

The Indonesian paper label market totaled $X in 2022, growing by X% against the previous year. Over the period under review, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; afterwards, it flattened through to 2022.

Paper Label Production in Indonesia

In value terms, paper label production expanded rapidly to $X in 2022 estimated in export price. In general, the total production indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Paper Label Exports

Exports from Indonesia

In 2022, the amount of labels of paper or paperboard exported from Indonesia fell to X tons, waning by X% against the previous year's figure. Overall, exports continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, paper label exports contracted notably to $X in 2022. Over the period under review, exports recorded a significant contraction. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Malaysia (X tons), the United States (X tons) and Vietnam (X tons) were the main destinations of paper label exports from Indonesia, with a combined X% share of total exports. The Philippines, Singapore, Finland and Japan lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the United States ($X), Vietnam ($X) and Malaysia ($X) constituted the largest markets for paper label exported from Indonesia worldwide, together accounting for X% of total exports. The Philippines, Singapore, Finland and Japan lagged somewhat behind, together accounting for a further X%.

The Philippines, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average paper label export price amounted to $X per ton, falling by X% against the previous year. Overall, the export price, however, continues to indicate moderate growth. The growth pace was the most rapid in 2019 an increase of X% against the previous year. The export price peaked at $X per ton in 2021, and then contracted significantly in the following year.

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

Paper Label Imports

Imports into Indonesia

Paper label imports into Indonesia skyrocketed to X tons in 2022, jumping by X% compared with 2021. Over the period under review, total imports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, paper label imports rose modestly to $X in 2022. Overall, imports, however, continue to indicate a mild decline. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of paper label to Indonesia, with a X% share of total imports. Moreover, paper label imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X tons), fivefold. The third position in this ranking was taken by Singapore (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (X% per year) and Singapore (X% per year).

In value terms, the largest paper label suppliers to Indonesia were China ($X), Hong Kong SAR ($X) and South Korea ($X), with a combined X% share of total imports. Vietnam, Malaysia, Singapore, Taiwan (Chinese) and Japan lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers 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, dropping by X% against the previous year. Overall, the import price showed a noticeable decrease. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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