Printed labels of paper or paperboard market in North Macedonia

Earlier Report Observations

The market volume for printed labels in North Macedonia increased from 787 tons in 2018 to 997 tons in 2024, after reaching a peak of 1 066 tons in 2023. In value terms, the market grew from 6.7 million US dollars to 7.4 million US dollars over the same period, despite a decline to 5.2 million in 2022.

Domestic production showed fluctuations, falling from 886 tons in 2018 to 810 tons in 2021 before recovering to 1 050 tons in 2023 and then dipping to 924 tons in 2024. Imports in value terms decreased from 3.9 million to 3.1 million US dollars, while exports also dropped from 1.9 million to 1.0 million US dollars after a high of 2.4 million in 2019.

Production printed labels of paper or paperboard in North Macedonia

In value, 2017-2020, K $ US

In 2018, the output of printed labels made from paper or paperboard in North Macedonia was valued at 4 636 thousand US dollars. This represents a 15.5% increase compared to the previous year.

Annual dynamics of production in North Macedonia in value, 2017-2020, K $ US

In kind, 2017-2020, t

In 2018, North Macedonia produced 886.0 tonnes of printed labels from paper or paperboard, marking a 9.5% rise from 2017.

Annual dynamics of production in North Macedonia in kind, 2017-2020, t

Exports printed labels of paper or paperboard from North Macedonia

Exports in kind, t

Following two years of growth, North Macedonia's exports of printed labels made from paper or paperboard declined in volume. In 2019, exports reached their peak at 458.1 tonnes, but by 2020, they had fallen to 290.6 tonnes, a 36.6% decrease from the previous year. Over the period from 2017 to 2020, exports increased by 49.8%, with an average annual growth rate of 14.4%. The largest year-on-year increase occurred in 2018, at 57.8%.

Annual dynamics of product's exports from North Macedonia in kind, 2017-2020, t

From 2017 to 2020, North Macedonia's exports of printed labels made from paper or paperboard were not heavily concentrated in a few key markets. Serbia accounted for 14.7% of exports, Albania for 7.4%, and Bulgaria for 7.0%. Together, these three countries represented only 29.1% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from North Macedonia in kind, 2017-2020

Exports in value, K $ US

After two years of growth, North Macedonia's exports of printed labels made from paper or paperboard declined in value. In 2019, exports peaked at 2 396 thousand US dollars, but by 2020, they had dropped to 1 747 thousand US dollars, a 27.1% decrease from the previous year. Between 2017 and 2020, exports increased by 32%, with an average annual growth rate of 9.7%. The largest year-on-year increase was recorded in 2018, at 40.5%.

Annual dynamics of product's exports from North Macedonia in value, 2017-2020, K $ US

The partner structure for exports in value terms from 2017 to 2020 remained fragmented. Serbia accounted for 17.0% of exports, Albania for 11.5%, and Bulgaria for 5.6%. Combined, these three countries represented only 34.1% of total export flows, with no single country holding a dominant share.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from North Macedonia in value, 2017-2020

Imports printed labels of paper or paperboard to North Macedonia

Imports in kind, t

North Macedonia's imports of printed labels made from paper or paperboard declined for the third consecutive year. In 2020, imports amounted to 173.6 tonnes, a notable reduction of 14.3% compared to the previous year. Over the period from 2017 to 2020, imports decreased by 18.4%, with an average annual decline of 6.6%.

Annual dynamics of product's imports to North Macedonia in kind, 2017-2020, t

From 2017 to 2020, Bulgaria, Germany, and Greece were the main sources for North Macedonia's imports of printed labels made from paper or paperboard. Bulgaria accounted for 19.7% of imports, Germany for 16.7%, and Greece for 15.9%. Together, these three countries represented 52.3% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to North Macedonia in kind, 2017-2020

Imports in value, K $ US

Cross-border shipments of printed labels made from paper or paperboard into North Macedonia declined for the second consecutive year. In 2020, import value stood at 3 434 thousand US dollars, indicating a modest loss of 7.5% compared to the previous year. Between 2017 and 2020, imports decreased by 8.8%, with an average annual decline of 3.0%. The highest import value was recorded in 2018 at 3 908 thousand US dollars, which also saw the largest year-on-year increase of 3.8%.

Annual dynamics of product's imports to North Macedonia in value, 2017-2020, K $ US

From 2017 to 2020, there was no single dominant market for North Macedonia's imports of printed labels made from paper or paperboard in value terms. Germany accounted for 21.3% of imports, China for 11.2%, and Greece for 9.8%. Together, these three countries represented only 42.3% of total imports, with many smaller partners each holding modest individual shares.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to North Macedonia in value, 2017-2020