Indonesia: Self-Adhesive Printed Label Market 2024

Self-Adhesive Printed Label Market Size in Indonesia

The Indonesian self-adhesive printed label market skyrocketed to $X in 2022, picking up by 23% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Self-Adhesive Printed Label Exports

Exports from Indonesia

In 2022, shipments abroad of self-adhesive printed labels was finally on the rise to reach X tons after two years of decline. In general, exports, however, continue to indicate a dramatic curtailment. The pace of growth appeared the most rapid in 2016 when exports increased by 542%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, self-adhesive printed label exports soared to $X in 2022. Overall, exports, however, showed a sharp descent. The most prominent rate of growth was recorded in 2016 with an increase of 705% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

India (X kg), Nigeria (X kg) and Ghana (X kg) were the main destinations of self-adhesive printed label exports from Indonesia, together accounting for 30% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +16.2%), while the other leaders experienced mixed trend patterns.

In value terms, India ($X) remains the key foreign market for self-adhesive printed labels exports from Indonesia, comprising 55% of total exports. The second position in the ranking was taken by the UK ($X), with an 8% share of total exports. It was followed by Iran, with a 4.6% share.

From 2012 to 2022, the average annual growth rate of value to India totaled +15.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-26.0% per year) and Iran (-10.5% per year).

Export Prices by Country

In 2022, the average self-adhesive printed label export price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price posted prominent growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 53% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Oman ($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 the UK (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Adhesive Printed Label Imports

Imports into Indonesia

Self-adhesive printed label imports into Indonesia skyrocketed to X tons in 2022, picking up by 19% compared with the previous year. Over the period under review, total imports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +2.0% 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 +75.9% against 2017 indices. The growth pace was the most rapid in 2021 with an increase of 30%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, self-adhesive printed label imports skyrocketed to $X in 2022. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 40%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest self-adhesive printed label supplier to Indonesia, accounting for a 51% share of total imports. Moreover, self-adhesive printed label imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X tons), twofold. Singapore (X tons) ranked third in terms of total imports with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+5.8% per year) and Singapore (-0.5% per year).

In value terms, Hong Kong SAR ($X), China ($X) and Vietnam ($X) appeared to be the largest self-adhesive printed label suppliers to Indonesia, together comprising 73% of total imports.

Vietnam, with a CAGR of +31.3%, recorded the highest rates of growth with regard to 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

In 2022, the average self-adhesive printed label import price amounted to $X per ton, with an increase of 4.7% against the previous year. Over the period under review, the import price, however, recorded a slight contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 14%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 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 Vietnam (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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