United Kingdom - Corks And Stoppers Of Natural Cork - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

United Kingdom - Corks And Stoppers Of Natural Cork - Market Analysis, Forecast, Size, Trends And Insights

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Natural Cork Stopper Price in the UK - 2023

Contents:

  1. Natural Cork Stopper Price in the UK (CIF) - 2022
  2. Natural Cork Stopper Price in the UK (FOB) - 2022
  3. Natural Cork Stopper Imports in the UK
  4. Natural Cork Stopper Exports in the UK

Natural Cork Stopper Price in the UK (CIF) - 2022

The average natural cork stopper import price stood at $32,846 per ton in 2022, with an increase of 17% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when the average import price increased by 34% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($43,482 per ton), while the price for Spain ($19,086 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Natural Cork Stopper Price in the UK (FOB) - 2022

The average natural cork stopper export price stood at $36,547 per ton in 2022, falling by -17.7% against the previous year. Overall, the export price, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 65% against the previous year. As a result, the export price attained the peak level of $49,540 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($47,712 per ton), while the average price for exports to Gabon ($5,236 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 Norway (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Cork Stopper Imports in the UK

In 2022, the amount of corks and stoppers of natural cork imported into the UK skyrocketed to 890 tons, picking up by 28% compared with 2021 figures. Over the period under review, total imports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.1% 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 +70.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, natural cork stopper imports soared to $29M in 2022. Overall, imports continue to indicate a moderate increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Natural Cork Stopper in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal24.812.917.827.83.9%
Italy0.10.60.20.681.7%
SpainN/AN/A0.20.5150.0%
France1.01.00.70.1-53.6%
IrelandN/AN/A0.4N/A0%
United States0.20.3N/AN/A50.0%
Others0.10.10.10.226.0%
Total26.314.819.429.23.5%

Top Suppliers of Natural Cork Stopper to the UK in 2022:

  1. Portugal (829.3 tons)
  2. Spain (28.5 tons)
  3. Italy (21.8 tons)
  4. France (2.9 tons)
  5. United States (1.0 tons)

Natural Cork Stopper Exports in the UK

In 2022, overseas shipments of corks and stoppers of natural cork decreased by -38.6% to 15 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed strong growth. The growth pace was the most rapid in 2021 with an increase of 84%. As a result, the exports attained the peak of 24 tons, and then shrank sharply in the following year.

In value terms, natural cork stopper exports declined dramatically to $532K in 2022. Over the period under review, exports, however, recorded a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 101%. As a result, the exports attained the peak of $1.1M, and then contracted rapidly in the following year.

Export of Natural Cork Stopper in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal65.325221123954.1%
Sweden3.90.763.364.1154.3%
Ireland79.678.272.837.3-22.3%
Netherlands2.527.813.329.9128.7%
France43.714.049.521.3-21.3%
Italy0.246.56.619.4359.5%
New Zealand1.2N/AN/A7.584.2%
GabonN/AN/A4426.7-98.5%
Denmark24.03.24.04.2-44.1%
BarbadosN/A18.5N/AN/A0%
India63.424.7N/AN/A-61.0%
Others78.359.91901029.2%
Total3625251,05353213.7%

Top Export Markets for Natural Cork Stopper from the UK in 2022:

  1. Denmark (undefined tons)
  2. India (undefined tons)
  3. Portugal (5.0 tons)
  4. Sweden (2.5 tons)
  5. Gabon (1.3 tons)
  6. Italy (0.8 tons)
  7. Ireland (0.8 tons)
  8. New Zealand (0.8 tons)
  9. Netherlands (0.7 tons)
  10. France (0.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the natural cork stopper market in the UK. 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

Country coverage:

  • United Kingdom

Data coverage:

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