Price for Article of Natural Cork in Spain - 2023
Contents:
- Price for Article of Natural Cork in Spain (CIF) - 2022
- Price for Article of Natural Cork in Spain (FOB) - 2022
- Imports of Article of Natural Cork in Spain
- Exports of Article of Natural Cork in Spain
Price for Article of Natural Cork in Spain (CIF) - 2022
The average article of natural cork import price stood at $9,556 per ton in 2022, increasing by 17% against the previous year. Over the period under review, the import price recorded a strong expansion. The pace of growth appeared the most rapid in 2015 when the average import price increased by 58%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Portugal ($9,874 per ton), while the price for Italy ($2,149 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Article of Natural Cork in Spain (FOB) - 2022
In 2022, the average article of natural cork export price amounted to $9,275 per ton, growing by 2% against the previous year. Over the period under review, the export price, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 14% against the previous year. Over the period under review, the average export prices attained the maximum at $14,472 per ton in 2012; however, from 2013 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 ($73,590 per ton), while the average price for exports to Portugal ($4,431 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 France (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Article of Natural Cork in Spain
In 2022, the amount of articles of natural cork imported into Spain dropped rapidly to 6.2K tons, waning by -22.1% on 2021. In general, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 3.1% against the previous year.
In value terms, article of natural cork imports shrank to $59M in 2022. Over the period under review, imports saw a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 21%.
| Import of Article of Natural Cork in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 57.6 | 47.1 | 55.2 | 49.8 | -4.7% |
| France | 8.1 | 3.7 | 5.0 | 3.9 | -21.6% |
| Belgium | 0.1 | 0.6 | 1.0 | 1.1 | 122.4% |
| Morocco | 0.1 | 0.1 | 0.2 | 0.8 | 100.0% |
| Italy | 1.8 | 1.2 | 1.5 | 0.6 | -30.7% |
| Others | 7.4 | 0.8 | 1.5 | 2.6 | -29.4% |
| Total | 75.1 | 53.4 | 64.4 | 58.8 | -7.8% |
Top Suppliers of Article of Natural Cork to Spain in 2022:
- Portugal (5.0K tons)
- France (0.4K tons)
- Italy (0.3K tons)
- Morocco (0.1K tons)
- Belgium (0.1K tons)
Exports of Article of Natural Cork in Spain
In 2022, approx. 7K tons of articles of natural cork were exported from Spain; growing by 37% compared with 2021. Overall, exports saw a modest increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, article of natural cork exports skyrocketed to $65M in 2022. Over the period under review, exports, however, saw a perceptible descent.
| Export of Article of Natural Cork in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 20.1 | 11.1 | 15.5 | 22.6 | 4.0% |
| France | 33.1 | 15.6 | 14.8 | 12.3 | -28.1% |
| Italy | 5.0 | 4.4 | 5.8 | 8.0 | 17.0% |
| Mexico | 2.6 | 3.2 | 2.8 | 6.3 | 34.3% |
| Argentina | N/A | 0.1 | N/A | 4.2 | 548.1% |
| Chile | 1.6 | 0.1 | 0.2 | 3.8 | 33.4% |
| Others | 8.0 | 6.5 | 7.6 | 8.0 | 0.0% |
| Total | 70.4 | 40.9 | 46.6 | 65.2 | -2.5% |
Top Export Markets for Article of Natural Cork from Spain in 2022:
- Portugal (5.1K tons)
- Chile (0.7K tons)
- Mexico (0.3K tons)
- Argentina (0.3K tons)
- Italy (0.2K tons)
- France (0.2K tons)
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