Which Country Exports the Most Natural Cork Articles in the World?

Products of Wood, Cork, Straw And Plaiting Materials Select May 28, 2018
Author: Anna Sergeeva
Market Analyst

In 2016, the amount of natural cork exported worldwide amounted to 34K tonnes, growing by 13% against the previous year figure. Overall, natural cork exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014, when it surged by 14% against the previous year level. Over the period under review, global natural cork exports reached its maximum volume in 2016, and are likely to see steady growth in the immediate term.

In value terms, natural cork exports totaled $675M in 2016. In general, natural cork exports continue to indicate a measured drop. Global natural cork export peaked of $864M in 2007; however, from 2008 to 2016, it stood at a somewhat lower level.

Top Natural Cork Exporting Countries in the World

1. Portugal (470.4 million USD)

2. Spain (88.2 million USD)

3. France (21.9 million USD)

4. Italy (18.6 million USD)

5. Morocco (15.5 million USD)

6. United Arab Emirates (13.4 million USD)

Natural Cork Exports By Country

Portugal (15K tonnes), and Spain (11K tonnes) prevails in natural cork exports structure, together mixed up 77% of total exports. It was distantly followed by United Arab Emirates (1.9K tonnes), constituting 5% share of total natural cork exports. Morocco (1.2K tonnes), Italy (994 tonnes), and France (542 tonnes) took the mild share of total exports.

From 2007 to 2016, the most notable growth rate of natural cork exports, among the main exporting countries, was attained by Spain (+4.6% per year), while the other global leaders experienced more modest paces of growth.

In value terms, Portugal ($470M) remains the largest natural cork supplier in the world, making up 70% of global exports. The second position in the ranking was occupied by Spain ($88M), with the share of 13% of global exports. It was followed by France, with the share of 3%.

From 2007 to 2016, the average annual rate of growth in terms of value of natural cork exports in Portugal plunged by -2.7%. In the other countries, the average annual rates were as follows: Spain (-2.2% per year) and France (-3.0% per year).

Natural Cork Export Prices By Country

The average natural cork export price stood at $20 per kg in 2016, waning by -10.0% against the previous year. In general, natural cork export price continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2011, when export increased by 4% y-o-y. Over the period under review, average natural cork export price attained its maximum level of $27 per kg in 2007; however, from 2008 to 2016, it failed to regain its strength.

There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was France ($40 per kg), while United Arab Emirates ($7,218 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of natural cork export prices was attained by Morocco (+2.6% per year), while the other global leaders experienced mixed trends in the export price figures.

Do you want to know more about global natural cork market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • natural cork market share
  • natural cork prices
  • natural cork industry
  • natural cork sales
  • natural cork import
  • natural cork export
  • natural cork market forecast
  • natural cork price forecast
  • key natural cork producers

All data provided in this article covers the following product: HS Code 4503 - Cork; articles of natural cork.

Source: World: Articles Of Natural Cork And Agglomerated Cork - Market Report. Analysis and Forecast to 2025