U.S. - Corks And Stoppers Of Natural Cork - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNatural Cork Stopper Price in the United States - 2023
Contents:
- Natural Cork Stopper Price in the United States (CIF) - 2023
- Natural Cork Stopper Price in the United States (FOB) - 2023
- Natural Cork Stopper Imports in the United States
- Natural Cork Stopper Exports in the United States
Natural Cork Stopper Price in the United States (CIF) - 2023
The average natural cork stopper import price stood at $37,327 per ton in August 2023, shrinking by -8.6% against the previous month. Overall, import price indicated a pronounced expansion from August 2022 to August 2023: its price increased at an average monthly rate of +3.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, natural cork stopper import price decreased by -20.8% against June 2023 indices. The pace of growth was the most pronounced in December 2022 when the average import price increased by 24% month-to-month. Over the period under review, average import prices reached the peak figure at $47,151 per ton in June 2023; however, from July 2023 to August 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was France ($41,745 per ton), while the price for Mexico ($30,291 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Portugal (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Natural Cork Stopper Price in the United States (FOB) - 2023
The average natural cork stopper export price stood at $31,857 per ton in August 2023, picking up by 18% against the previous month. Over the period under review, export price indicated a temperate increase from August 2022 to August 2023: its price increased at an average monthly rate of +2.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, natural cork stopper export price decreased by -21.0% against June 2023 indices. The most prominent rate of growth was recorded in November 2022 an increase of 62% month-to-month. The export price peaked at $40,349 per ton in June 2023; however, from July 2023 to August 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In August 2023, the country with the highest price was Canada ($33,002 per ton), while the average price for exports to Mexico amounted to $30,647 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+2.3%), while the prices for the other major destinations experienced mixed trend patterns.
Natural Cork Stopper Imports in the United States
In 2022, approx. 5.5K tons of corks and stoppers of natural cork were imported into the United States; picking up by 12% on the previous year. The total import volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, natural cork stopper imports stood at $173M in 2022. The total import value increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 6% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.
Import of Natural Cork Stopper in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 148 | 151 | 157 | 160 | 2.6% |
Italy | 2.7 | 2.3 | 3.9 | 3.7 | 11.1% |
Mexico | 1.3 | 1.5 | 2.8 | 3.7 | 41.7% |
China | 0.7 | 0.3 | 0.4 | 0.6 | -5.0% |
Others | 5.4 | 4.7 | 5.2 | 5.1 | -1.9% |
Total | 158 | 159 | 169 | 173 | 3.1% |
Top Suppliers of Natural Cork Stopper to the United States in 2022:
- Portugal (5.0K tons)
- Italy (0.2K tons)
- China (0.1K tons)
- Mexico (0.1K tons)
Natural Cork Stopper Exports in the United States
In 2022, approx. 469 tons of corks and stoppers of natural cork were exported from the United States; with an increase of 15% against the year before. The total export volume increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, natural cork stopper exports rose sharply to $11M in 2022. The total export value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 15% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Natural Cork Stopper in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 3.6 | 3.3 | 3.9 | 5.3 | 13.8% |
Canada | 3.6 | 4.0 | 4.2 | 5.0 | 11.6% |
Italy | N/A | N/A | N/A | 0.7 | 0% |
United Kingdom | 0.4 | 0.3 | N/A | N/A | -25.0% |
Portugal | 1.6 | 0.6 | 1.5 | N/A | -3.2% |
Others | 0.2 | 0.2 | 0.1 | 0.2 | 0.0% |
Total | 9.5 | 8.5 | 9.8 | 11.2 | 5.6% |
Top Export Markets for Natural Cork Stopper from the United States in 2022:
- Mexico (235.7 tons)
- Canada (206.3 tons)
- Italy (8.8 tons)
- United Kingdom (1.9 tons)
- Portugal (0.4 tons)
This report provides an in-depth analysis of the natural cork stopper market in the U.S.. 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 States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
This report provides an in-depth analysis of the natural cork stopper market in the U.S..
This report provides an in-depth analysis of the cork article market in the U.S..
This report provides an in-depth analysis of the global natural cork stopper market.
This report provides an in-depth analysis of the global cork article market.
This report provides an in-depth analysis of the natural cork stopper market in the U.S..
This report provides an in-depth analysis of the cork article market in the U.S..
This report provides an in-depth analysis of the global natural cork stopper market.
This report provides an in-depth analysis of the global cork article market.
This article discusses the import price and volume trends of natural cork stoppers in the United States in January 2023. The natural cork stopper price stood at $33.9 per kg, remaining stable against the previous month, with average import prices attaining the maximum at $39.1 per kg in May 2022. Portugal constituted the largest supplier of natural cork stopper to the United States, accounting for an 88% share of total imports, followed by Mexico and Spain. In value terms, natural cork stopper imports amounted to $15M in January 2023, with Portugal also being the largest supplier.
In November 2022, the natural cork stopper price amounted to $27.2 per kg (CIF, US), which is down by -13.1% against the previous month.
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...
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
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
This article discusses the import price and volume trends of natural cork stoppers in the United States in January 2023. The natural cork stopper price stood at $33.9 per kg, remaining stable against the previous month, with average import prices attaining the maximum at $39.1 per kg in May 2022. Portugal constituted the largest supplier of natural cork stopper to the United States, accounting for an 88% share of total imports, followed by Mexico and Spain. In value terms, natural cork stopper imports amounted to $15M in January 2023, with Portugal also being the largest supplier.
In November 2022, the natural cork stopper price amounted to $27.2 per kg (CIF, US), which is down by -13.1% against the previous month.
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...
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
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