Luxembourg - Articles of Natural Cork and Agglomerated Cork - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Luxembourg - Articles of Natural Cork and Agglomerated Cork - Market Analysis, Forecast, Size, Trends and Insights

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Cork Article Price in Luxembourg - 2023

Contents:

  1. Cork Article Price in Luxembourg (CIF) - 2022
  2. Cork Article Price in Luxembourg (FOB) - 2022
  3. Cork Article Imports in Luxembourg
  4. Cork Article Exports in Luxembourg

Cork Article Price in Luxembourg (CIF) - 2022

In 2022, the average cork article import price amounted to $4,568 per ton, with a decrease of -23.8% against the previous year. Overall, the import price recorded a abrupt descent. The pace of growth was the most pronounced in 2014 an increase of 43% against the previous year. As a result, import price attained the peak level of $11,425 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($18,244 per ton), while the price for Italy ($938 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.3%), while the prices for the other major suppliers experienced a decline.

Cork Article Price in Luxembourg (FOB) - 2022

The average cork article export price stood at $10,077 per ton in 2022, shrinking by -28.9% against the previous year. Over the period under review, the export price showed a pronounced contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 471% against the previous year. Over the period under review, the average export prices attained the peak figure at $16,596 per ton in 2013; however, from 2014 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 Germany ($59,860 per ton), while the average price for exports to Belgium ($4,247 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 Turkey (+110.6%), while the prices for the other major destinations experienced mixed trend patterns.

Cork Article Imports in Luxembourg

In 2022, approx. 413 tons of cork articles were imported into Luxembourg; jumping by 34% compared with the previous year's figure. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 80%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, cork article imports expanded to $1.9M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 35%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Cork Article in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany31870180781937.1%
Portugal626236480435-11.4%
France2652712433075.0%
Italy9.540.182.4149150.3%
Belgium39.085.816910740.0%
Netherlands22.420.433.142.323.6%
Others16.610.728.026.917.5%
Total1,2961,3661,8431,88713.3%

Top Suppliers of Cork Article to Luxembourg in 2022:

  1. Italy (158.7 tons)
  2. Germany (117.1 tons)
  3. Portugal (64.5 tons)
  4. Belgium (44.7 tons)
  5. France (16.8 tons)
  6. Netherlands (9.6 tons)

Cork Article Exports in Luxembourg

In 2022, approx. 5.2 tons of cork articles were exported from Luxembourg; rising by 124% on the previous year. Over the period under review, exports enjoyed prominent growth. The growth pace was the most rapid in 2020 with an increase of 801%. As a result, the exports attained the peak of 36 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, cork article exports surged to $52K in 2022. In general, exports, however, showed a mild decrease. The pace of growth appeared the most rapid in 2020 with an increase of 136% against the previous year. As a result, the exports reached the peak of $127K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Cork Article in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11.23.520.922.325.8%
Belgium6.510.08.018.040.4%
France26.81074.05.4-41.4%
Turkey0.6N/AN/A1.329.4%
Others8.86.3N/A5.4-15.0%
Total53.912732.952.3-1.0%

Top Export Markets for Cork Article from Luxembourg in 2022:

  1. Belgium (4.2 tons)
  2. France (0.4 tons)
  3. Germany (0.4 tons)
  4. Turkey (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cork article market in Luxembourg. 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:

  • Luxembourg

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Luxembourg
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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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...

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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

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