Middle East: Self-Adhesive Printed Label Market 2024

Self-Adhesive Printed Label Market Size in the Middle East

The Middle Eastern self-adhesive printed label market shrank to $X in 2022, reducing by -7.2% against the previous year. In general, consumption, however, showed a resilient expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Self-Adhesive Printed Label Production in the Middle East

In value terms, self-adhesive printed label production dropped to $X in 2022 estimated in export price. Overall, production, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 52%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Self-Adhesive Printed Label Exports

Exports in the Middle East

Self-adhesive printed label exports dropped markedly to X tons in 2022, with a decrease of -31.3% against 2021 figures. Total exports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 43%. As a result, the exports attained the peak of X tons, and then reduced remarkably in the following year.

In value terms, self-adhesive printed label exports reduced to $X in 2022. The total export value increased at an average annual rate of +4.6% over the period 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 2021 when exports increased by 37%. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

In 2022, Turkey (X tons) was the key exporter of self-adhesive printed labels, creating 61% of total exports. It was distantly followed by the United Arab Emirates (X tons), creating a 31% share of total exports. The following exporters - Israel (X tons) and Oman (X tons) - each amounted to a 4.7% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Turkey (with a CAGR of +5.4%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the largest self-adhesive printed label supplier in the Middle East, comprising 65% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 27% share of total exports. It was followed by Israel, with a 3.7% share.

In Turkey, self-adhesive printed label exports expanded at an average annual rate of +5.0% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (+5.2% per year) and Israel (+1.2% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, with an increase of 43% against the previous year. In general, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.4%), while the other leaders experienced more modest paces of growth.

Self-Adhesive Printed Label Imports

Imports in the Middle East

In 2022, after three years of growth, there was significant decline in purchases abroad of self-adhesive printed labels, when their volume decreased by -32.8% to X tons. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. As a result, imports reached the peak of X tons, and then fell notably in the following year.

In value terms, self-adhesive printed label imports contracted to $X in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

The United Arab Emirates (X tons), Jordan (X tons), Turkey (X tons), Qatar (X tons), Iraq (X tons) and Oman (X tons) represented roughly 80% of total imports in 2022. It was distantly followed by Israel (X tons), achieving a 5% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Iraq (with a CAGR of +10.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest self-adhesive printed label importing markets in the Middle East were Turkey ($X), Jordan ($X) and the United Arab Emirates ($X), with a combined 70% share of total imports. Israel, Iraq, Qatar and Oman lagged somewhat behind, together accounting for a further 20%.

Qatar, with a CAGR of +11.7%, saw the highest rates of growth with regard to the value of imports, in terms of 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 the Middle East amounted to $X per ton, growing by 31% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. 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 Turkey ($X per ton), while Qatar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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