China - Articles of Natural Cork and Agglomerated Cork - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCork Article Price in China - 2023
Contents:
- Cork Article Price in China (FOB) - 2023
- Cork Article Price in China (CIF) - 2022
- Cork Article Exports in China
- Cork Article Imports in China
Cork Article Price in China (FOB) - 2023
In September 2023, the average cork article export price amounted to $3,305 per ton, increasing by 3.1% against the previous month. Over the period under review, the export price, however, continues to indicate a mild contraction. The pace of growth was the most pronounced in March 2023 when the average export price increased by 20% month-to-month. Over the period under review, the average export prices reached the maximum at $4,031 per ton in September 2022; however, from October 2022 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($4,385 per ton), while the average price for exports to Vietnam ($2,646 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.
Cork Article Price in China (CIF) - 2022
In 2022, the average cork article import price amounted to $8,241 per ton, with an increase of 4.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 47% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.
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 France ($16,016 per ton), while the price for Algeria ($5,125 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Cork Article Exports in China
For the fourth consecutive year, China recorded growth in shipments abroad of cork articles, which increased by 14% to 11K tons in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 25%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, cork article exports dropped slightly to $37M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.5% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 38%. As a result, the exports attained the peak of $38M, and then fell in the following year.
| Export of Cork Article in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1.6 | 4.6 | 8.0 | 9.9 | 83.6% |
| United States | 5.6 | 5.1 | 7.2 | 5.2 | -2.4% |
| Germany | 2.4 | 2.6 | 3.2 | 3.6 | 14.5% |
| Japan | 1.6 | 1.4 | 1.6 | 1.4 | -4.4% |
| Netherlands | 0.7 | 0.7 | 1.3 | 1.3 | 22.9% |
| Taiwan (Chinese) | 0.7 | 0.7 | 0.9 | 1.1 | 16.3% |
| United Kingdom | 0.8 | 0.9 | 1.1 | 1.1 | 11.2% |
| Russia | 1.7 | 1.2 | 1.6 | 1.1 | -13.5% |
| Poland | 0.5 | 0.7 | 1.1 | 0.9 | 21.6% |
| France | 0.6 | 0.8 | 0.6 | 0.9 | 14.5% |
| Canada | 0.9 | 1.0 | 1.5 | 0.8 | -3.9% |
| Spain | 0.5 | 0.4 | 0.6 | 0.8 | 17.0% |
| Australia | 0.6 | 0.6 | 0.9 | 0.6 | 0.0% |
| Others | 6.9 | 7.1 | 8.7 | 8.6 | 7.6% |
| Total | 25.1 | 27.9 | 38.4 | 37.5 | 14.3% |
Top Export Markets for Cork Article from China in 2022:
- Vietnam (3843.4 tons)
- United States (1966.7 tons)
- Germany (805.3 tons)
- Netherlands (418.6 tons)
- Japan (365.7 tons)
- Canada (326.0 tons)
- Russia (301.1 tons)
- United Kingdom (293.8 tons)
- Poland (255.7 tons)
- Spain (243.9 tons)
- Taiwan (Chinese) (241.7 tons)
- Australia (221.8 tons)
- France (215.2 tons)
Cork Article Imports in China
In 2022, cork article imports into China shrank significantly to 3.9K tons, falling by -17.5% compared with 2021. Over the period under review, imports showed a perceptible decline. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. As a result, imports reached the peak of 4.8K tons, and then reduced dramatically in the following year.
In value terms, cork article imports reduced to $32M in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. As a result, imports reached the peak of $38M, and then dropped in the following year.
| Import of Cork Article in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 15.2 | 17.7 | 27.0 | 24.6 | 17.4% |
| France | 2.0 | 1.4 | 2.3 | 2.1 | 1.6% |
| Italy | 4.3 | 4.4 | 3.0 | 1.9 | -23.8% |
| Algeria | 0.6 | 1.1 | 1.5 | 1.4 | 32.6% |
| Spain | 2.9 | 2.0 | 2.4 | 1.2 | -25.5% |
| United Arab Emirates | 3.7 | N/A | N/A | N/A | 0% |
| Others | 2.0 | 1.5 | 1.6 | 1.3 | -13.4% |
| Total | 30.6 | 28.1 | 37.8 | 32.5 | 2.0% |
Top Suppliers of Cork Article to China in 2022:
- United Arab Emirates (undefined tons)
- Portugal (3052.6 tons)
- Algeria (279.8 tons)
- Spain (217.9 tons)
- France (131.9 tons)
- Italy (120.9 tons)
This report provides an in-depth analysis of the cork article market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 16292250 - Corks and stoppers of natural cork
- Prodcom 16292290 - Articles of natural cork, others
- Prodcom 16292320 - Corks and stoppers, of agglomerated cork, for sparkling wine v.q.p.r.d. (including those with discs of natural cork)
- Prodcom 16292350 - Corks and stoppers, of agglomerated cork, for wine (excluding for sparkling wine v.q.p.r.d.)
- Prodcom 16292380 - Agglomerated cork - blocks, plates, sheets and strip, tiles of any shape, solid cylinders or discs including agglomerated expanded cork or burnt cork (excluding corks and stoppers)
- Prodcom 16292400 - Agglomerated cork, other articles of agglomerated cork, n.e.c.
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
468
This report provides an in-depth analysis of the cork article market in China.
531
This report provides an in-depth analysis of the natural cork stopper market in China.
2476
This report provides an in-depth analysis of the global cork article market.
1051
This report provides an in-depth analysis of the global natural cork stopper market.
468
This report provides an in-depth analysis of the cork article market in China.
531
This report provides an in-depth analysis of the natural cork stopper market in China.
2476
This report provides an in-depth analysis of the global cork article market.
1051
This report provides an in-depth analysis of the global natural cork stopper market.
175
In November 2023, the imports of Natural Cork Stopper reached $433K, while the growth remained somewhat lower from October to November 2023.
308
In value terms, natural cork stopper imports skyrocketed to $1M in April 2023.
1835
In 2016, approx. X tons of natural cork were imported worldwide- lowering by -X% against the previous year level. In general, natural cork imports continue to indicate a relatively flat trend pa...
1543
In 2016, the amount of natural cork exported worldwide amounted to X tons, growing by X% against the previous year figure. Overall, natural cork exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rap
1081
Portugal dominates in the global natural and agglomerated cork article trade. In 2014, Portugal exported X thousand tons of natural and agglomerated cork articles totaling X billion USD, X% over the previous year. Its primary trading partner was
175
In November 2023, the imports of Natural Cork Stopper reached $433K, while the growth remained somewhat lower from October to November 2023.
308
In value terms, natural cork stopper imports skyrocketed to $1M in April 2023.
1835
In 2016, approx. X tons of natural cork were imported worldwide- lowering by -X% against the previous year level. In general, natural cork imports continue to indicate a relatively flat trend pa...
1543
In 2016, the amount of natural cork exported worldwide amounted to X tons, growing by X% against the previous year figure. Overall, natural cork exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rap
1081
Portugal dominates in the global natural and agglomerated cork article trade. In 2014, Portugal exported X thousand tons of natural and agglomerated cork articles totaling X billion USD, X% over the previous year. Its primary trading partner was
