Price for Article of Natural Cork in Belarus - 2022

Contents:

1. Price for Article of Natural Cork in Belarus (CIF) - 2022
2. Price for Article of Natural Cork in Belarus (FOB) - 2022
3. Imports of Article of Natural Cork in Belarus
4. Exports of Article of Natural Cork in Belarus

Price for Article of Natural Cork in Belarus (CIF) - 2022

The average article of natural cork import price stood at $11,529 per ton in 2022, picking up by 4% against the previous year. Overall, the import price, however, showed a noticeable descent. The growth pace was the most rapid in 2013 an increase of 36%. As a result, import price reached the peak level of $22,634 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 Portugal ($21,222 per ton), while the price for Moldova ($7,039 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+1.9%), while the prices for the other major suppliers experienced a decline.

Price for Article of Natural Cork in Belarus (FOB) - 2022

The average article of natural cork export price stood at $4,736 per ton in 2022, which is down by -3.5% against the previous year. Overall, the export price continues to indicate a deep slump. The growth pace was the most rapid in 2019 when the average export price increased by 16%. The export price peaked at $20,096 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($6,594 per ton), while the average price for exports to Russia amounted to $4,160 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-3.1%).

Imports of Article of Natural Cork in Belarus

In 2022, supplies from abroad of articles of natural cork increased by 6.7% to 23 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt descent.

In value terms, article of natural cork imports amounted to $269K in 2022. Overall, imports, however, showed a abrupt decline.

Top Suppliers of Article of Natural Cork to Belarus in 2022:

1. Russia (4.3 tons)
2. Portugal (2.4 tons)
3. China (0.4 tons)
4. Moldova (0.1 tons)

Exports of Article of Natural Cork in Belarus

In 2022, after three years of growth, there was significant decline in shipments abroad of articles of natural cork, when their volume decreased by -34% to 834 kg. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 324%. As a result, the exports attained the peak of 1.3 tons, and then contracted markedly in the following year.

In value terms, article of natural cork exports shrank sharply to $4K in 2022. In general, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 265% against the previous year. As a result, the exports attained the peak of $6.2K, and then declined dramatically in the following year.

Top Export Markets for Article of Natural Cork from Belarus in 2022:

1. Russia (637.0 kg)
2. United Arab Emirates (197.0 kg)

Source: IndexBox Market Intelligence Platform