Sweden: Self-Adhesive Printed Label Market 2024

Self-Adhesive Printed Label Market Size in Sweden

The Swedish self-adhesive printed label market declined slightly to $X in 2022, reducing by -4.5% against the previous year. Overall, the total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +4.4% 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 -36.1% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Self-Adhesive Printed Label Production in Sweden

In value terms, self-adhesive printed label production dropped to $X in 2022 estimated in export price. In general, the total production indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +2.5% 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 -42.8% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 139% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

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Self-Adhesive Printed Label Exports

Exports from Sweden

After four years of growth, shipments abroad of self-adhesive printed labels decreased by -6.9% to X tons in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 34% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then contracted in the following year.

In value terms, self-adhesive printed label exports contracted to $X in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for self-adhesive printed label exports from Sweden, with a 39% share of total exports. Moreover, self-adhesive printed label exports to Germany exceeded the volume sent to the second major destination, Norway (X tons), twofold. The third position in this ranking was taken by Denmark (X tons), with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +28.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-9.3% per year) and Denmark (-1.0% per year).

In value terms, the largest markets for self-adhesive printed label exported from Sweden were Germany ($X), Norway ($X) and Hungary ($X), together comprising 47% of total exports. Denmark, France, Poland, Finland, the United States, Romania and Belgium lagged somewhat behind, together accounting for a further 28%.

Among the main countries of destination, Romania, with a CAGR of +31.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average self-adhesive printed label export price stood at $X per ton in 2022, growing by 4% against the previous year. In general, the export price, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2016 when the average export price increased by 24%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Germany ($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 Romania (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Adhesive Printed Label Imports

Imports into Sweden

In 2022, overseas purchases of self-adhesive printed labels increased by 17% to X tons, rising for the second consecutive year after two years of decline. In general, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +6.0% 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 +28.3% against 2020 indices. The pace of growth was the most pronounced in 2018 when imports increased by 20%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, self-adhesive printed label imports rose sharply to $X in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2018 when imports increased by 16%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Denmark (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of self-adhesive printed label imports to Sweden, with a combined 67% share of total imports. Norway, Finland, China, Estonia, Belgium, the Netherlands, France, Romania, Poland and the UK lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +106.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Germany ($X) and Italy ($X) appeared to be the largest self-adhesive printed label suppliers to Sweden, together accounting for 57% of total imports. Finland, Norway, China, Estonia, France, Belgium, the UK, the Netherlands, Poland and Romania lagged somewhat behind, together comprising a further 36%.

In terms of the main suppliers, Romania, with a CAGR of +95.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average self-adhesive printed label import price stood at $X per ton in 2022, shrinking by -5.1% against the previous year. Overall, the import price saw a perceptible slump. The most prominent rate of growth was recorded in 2013 an increase of 12%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a 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 the UK ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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