Thailand - Articles of Natural Cork and Agglomerated Cork - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCork Article Price in Thailand - 2023
Contents:
- Cork Article Price in Thailand (CIF) - 2023
- Cork Article Price in Thailand (FOB) - 2022
- Cork Article Imports in Thailand
- Cork Article Exports in Thailand
Cork Article Price in Thailand (CIF) - 2023
In September 2023, the average cork article import price amounted to $3,933 per ton, waning by -56.9% against the previous month. Over the period under review, the import price recorded a perceptible setback. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 98% m-o-m. As a result, import price reached the peak level of $9,128 per ton, and then declined sharply in the following month.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was China ($4,018 per ton), while the price for India ($2,778 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Portugal (-1.3%), while the prices for the other major suppliers experienced a decline.
Cork Article Price in Thailand (FOB) - 2022
In 2022, the average cork article export price amounted to $28,952 per ton, increasing by 72% against the previous year. In general, the export price enjoyed a buoyant increase. The growth pace was the most rapid in 2021 when the average export price increased by 134% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($49,000 per ton), while the average price for exports to Taiwan (Chinese) ($4,583 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 Malaysia (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.
Cork Article Imports in Thailand
In 2022, supplies from abroad of cork articles was finally on the rise to reach 324 tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cork article imports expanded significantly to $1.6M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cork Article in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 570 | 625 | 557 | 920 | 17.3% |
| China | 375 | 262 | 298 | 303 | -6.9% |
| Japan | 246 | 292 | 391 | 270 | 3.2% |
| India | 63.5 | 79.3 | 63.5 | 75.0 | 5.7% |
| Others | 290 | 128 | 112 | 64.6 | -39.4% |
| Total | 1,545 | 1,386 | 1,422 | 1,631 | 1.8% |
Top Suppliers of Cork Article to Thailand in 2022:
- Portugal (223.6 tons)
- China (60.3 tons)
- India (23.6 tons)
- Japan (11.5 tons)
Cork Article Exports in Thailand
For the third year in a row, Thailand recorded decline in shipments abroad of cork articles, which decreased by -66.5% to 7.1 tons in 2022. Overall, exports faced a precipitous setback. The smallest decline of -21.6% was in 2020.
In value terms, cork article exports contracted rapidly to $206K in 2022. Over the period under review, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 82%.
| Export of Cork Article in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.8 | 101 | 142 | 121 | 79.8% |
| United States | 12.1 | 21.1 | 34.3 | 25.4 | 28.0% |
| Hong Kong SAR | 14.1 | 1.6 | 23.2 | 13.1 | -2.4% |
| Malaysia | 6.2 | 16.3 | 3.1 | 9.6 | 15.7% |
| Germany | N/A | 0.9 | 1.4 | 6.4 | 166.7% |
| Switzerland | 0.1 | 1.0 | 1.9 | 2.6 | 196.2% |
| Taiwan (Chinese) | 1.0 | 12.7 | 13.4 | 2.5 | 35.7% |
| Iraq | 0.6 | N/A | N/A | N/A | 0% |
| United Kingdom | 8.5 | 0.2 | 1.1 | N/A | -64.0% |
| Seychelles | 5.5 | N/A | N/A | N/A | 0% |
| Others | 59.4 | 79.5 | 136 | 25.1 | -25.0% |
| Total | 128 | 234 | 356 | 206 | 17.2% |
Top Export Markets for Cork Article from Thailand in 2022:
- China (2926.0 kg)
- United States (1727.0 kg)
- Taiwan (Chinese) (542.0 kg)
- Switzerland (335.0 kg)
- Germany (333.0 kg)
- Hong Kong SAR (284.0 kg)
- Malaysia (255.0 kg)
This report provides an in-depth analysis of the cork article market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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
-
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
467
This report provides an in-depth analysis of the cork article market in Thailand.
388
This report provides an in-depth analysis of the natural cork stopper market in Thailand.
2447
This report provides an in-depth analysis of the global cork article market.
1042
This report provides an in-depth analysis of the global natural cork stopper market.
467
This report provides an in-depth analysis of the cork article market in Thailand.
388
This report provides an in-depth analysis of the natural cork stopper market in Thailand.
2447
This report provides an in-depth analysis of the global cork article market.
1042
This report provides an in-depth analysis of the global natural cork stopper market.
1822
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...
1534
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
1079
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
1822
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...
1534
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
1079
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
