MENA: Self-Adhesive Printed Label Market 2024

Self-Adhesive Printed Label Market Size in MENA

The MENA's self-adhesive printed label market shrank to $X in 2022, which is down by -7.1% against the previous year. Over the period under review, consumption, however, showed resilient growth. As a result, consumption attained 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 MENA

In value terms, self-adhesive printed label production fell to $X in 2022 estimated in export price. Overall, production, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by 52%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Self-Adhesive Printed Label Exports

Exports in MENA

In 2022, exports of self-adhesive printed labels in MENA reduced rapidly to X tons, shrinking by -30.4% against the year before. Total exports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, the exports attained the peak of X tons, and then contracted significantly in the following year.

In value terms, self-adhesive printed label exports dropped slightly to $X in 2022. The total export value increased at an average annual rate of +4.3% over the period 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 2021 when exports increased by 35%. As a result, the exports reached the peak of $X, leveling off in the following year.

Exports by Country

In 2022, Turkey (X tons) represented the major exporter of self-adhesive printed labels, comprising 60% of total exports. It was distantly followed by the United Arab Emirates (X tons), comprising a 30% share of total exports. The following exporters - Israel (X tons) and Oman (X tons) - each accounted for a 4.5% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main 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 ($X) remains the largest self-adhesive printed label supplier in MENA, comprising 63% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 26% share of total exports. It was followed by Israel, with a 3.6% share.

From 2012 to 2022, the average annual growth rate of value in Turkey amounted to +5.0%. In the other countries, the average annual rates were as follows: the United Arab Emirates (+5.2% per year) and Israel (+1.2% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, growing by 43% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, the export price attained 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 MENA

In 2022, the amount of self-adhesive printed labels imported in MENA dropped markedly to X tons, falling by -24.2% compared with the year before. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, imports attained the peak of X tons, and then dropped remarkably in the following year.

In value terms, self-adhesive printed label imports shrank to $X in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 22%. The level of import peaked at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Tunisia (X tons), distantly followed by the United Arab Emirates (X tons), Jordan (X tons), Turkey (X tons), Qatar (X tons), Iraq (X tons), Oman (X tons) and Morocco (X tons) represented the main importers of self-adhesive printed labels, together creating 80% of total imports. Israel (X tons), Bahrain (X tons), Iran (X tons), Kuwait (X tons) and Libya (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Libya (with a CAGR of +37.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest self-adhesive printed label importing markets in MENA were Turkey ($X), Tunisia ($X) and Jordan ($X), together comprising 59% of total imports. The United Arab Emirates, Morocco, Israel, Iraq, Qatar, Oman, Iran, Bahrain, Kuwait and Libya lagged somewhat behind, together comprising a further 35%.

In terms of the main importing countries, Libya, with a CAGR of +32.6%, saw 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 import price in MENA stood at $X per ton in 2022, surging by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2013 an increase of 19% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

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 Iran (+11.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :