Printed labels of paper or paperboard market in Spain

Earlier Report Observations

The market for printed labels of paper or paperboard in Spain showed a consistent upward trend from 2018 to 2024. Production value increased from $770 million US in 2018 to $1 179 million US in 2024, with a notable surge in 2021 when it jumped by over 30% to $1 025 million US. Market size followed a similar path, growing from $809 million US to $1 196 million US over the period, despite a minor dip in 2019.

The growth accelerated from 2021 onwards, with production reaching $1 162 million US in 2023. That year, the cartonboard segment strengthened its leadership to 69% of the paper and board market, indicating robust demand for packaging materials that likely benefited label production. In 2024, production rose to $1 179 million US, supported by regulatory changes such as Real Decreto 1055/2022, which required clear recycling labels on packaging, and technological innovations like Canon's introduction of the LabelStream LS2000 digital press for labels.

Production printed labels of paper or paperboard in Spain

In value, 2017-2020, M $ US

In 2020, Spain's output of printed labels made from paper or paperboard was valued at 779.7 million US dollars, marking a 1.7% increase compared to the previous year. Over the period from 2017 to 2020, production grew by 9.5%, with an average annual growth rate of 3.1%. The largest decline occurred in 2019, at 0.4%, while the most significant increase was recorded in 2018, reaching 8.1%.

Annual dynamics of production in Spain in value, 2017-2020, M $ US

In kind, 2017-2020, K t

In 2020, Spain produced 113.4 thousand tonnes of printed labels from paper or paperboard, which represented a 0.8% decrease from 2019. Between 2017 and 2020, production rose by 7.2%, translating to an annualized growth rate of 2.3%. The lowest production level was in 2018, at 103.3 thousand tonnes, while the peak was in 2019, at 114.3 thousand tonnes. The largest decline took place in 2018, at 2.4%, and the most substantial increase occurred in 2019, at 10.7%.

Annual dynamics of production in Spain in kind, 2017-2020, K t

Exports printed labels of paper or paperboard from Spain

Exports in kind, K t

In 2020, Spain's exports of printed labels made from paper or paperboard reached 8.3 thousand tonnes, showing a sharp increase of 42.3% compared to 2019. From 2017 to 2020, exports grew by 37.4%, with an average annual rate of 11.2%. The lowest export volume was recorded in 2019, at 5.8 thousand tonnes, which also saw the largest decline of 28.8%.

Annual dynamics of product's exports from Spain in kind, 2017-2020, K t

Between 2017 and 2020, Spain's export structure for printed labels in kind was highly diversified. The top three destinations—France (20.6% of exports in kind), Portugal (17.2%), and Morocco (8.7%)—together accounted for only 46.5% of total flows. The remaining 53.5% was made up of a wide range of smaller markets.

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

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

Exports in value, K $ US

In 2020, Spain's exports of printed labels from paper or paperboard in value terms stood at 48 453 thousand US dollars, reflecting a modest uptick of 2.4% from 2019. Over the 2017-2020 period, exports increased by 11%, with an annualized growth rate of 3.5%. The largest decline was in 2019, at 0.3%, while the most significant increase occurred in 2018, at 8.7%.

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

From 2017 to 2020, Spain's printed labels made from paper or paperboard were exported to numerous markets, resulting in a diverse trade structure. Even the largest destinations—France, Portugal, and Morocco—collectively represented only 42.9% of total exports in value terms.

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

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

Imports printed labels of paper or paperboard to Spain

Imports in kind, K t

The data shows irregular changes, indicating a volatile market environment. Imports peaked in 2020 at 210.0 thousand tonnes, a sudden increase of 90.7% compared to 2019. The lowest import volume was in 2018, at 55.3 thousand tonnes, which also saw the largest decline of 20.0%. The span from 2018 to 2020 exhibited a peak-to-trough amplitude of 3.5 times.

Annual dynamics of product's imports to Spain in kind, 2017-2020, K t

Between 2017 and 2020, Portugal (35.1% of imports in kind), Germany (20.8%), and Belgium (10.7%) were the leading suppliers of printed labels made from paper or paperboard to Spain. Together, they accounted for 66.6% of total imports in kind.

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

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

Imports in value, K $ US

After a two-year decline, imports of printed labels made from paper or paperboard into Spain increased in 2020. Spain imported 86 961 thousand US dollars worth of these labels in 2020, showing an improvement of 8.7% compared to the previous year. Over the 2017-2020 period, imports decreased by 2.5%, with an average annual decline of 0.9%. The lowest value was recorded in 2019, at 80 029 thousand US dollars, which also saw the largest decline of 7.0%.

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

From 2017 to 2020, Germany (29.9% of imports in value terms), Italy (15.6%), and France (10.5%) consistently held leading positions in Spain's import structure for printed labels in value terms. Jointly, they accounted for 56.0% of total flows.

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

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