Price for Article of Natural Cork in Brazil - 2023

Contents:

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

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

In 2022, the average article of natural cork import price amounted to $42,580 per ton, standing approx. at the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, article of natural cork import price increased by +78.4% against 2015 indices. The growth pace was the most rapid in 2013 an increase of 35%. The import price peaked at $42,775 per ton in 2021, and then reduced slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($59,745 per ton), while the price for China stood at $5,004 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+7.2%).

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

In 2022, the average article of natural cork export price amounted to $36,537 per ton, which is down by -2.7% against the previous year. In general, the export price recorded a deep slump. The pace of growth appeared the most rapid in 2019 when the average export price increased by 5,597% against the previous year. Over the period under review, the average export prices hit record highs at $139,110 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($122,353 per ton), while the average price for exports to Zambia ($3,400 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 Russia (+45.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Article of Natural Cork in Brazil

In 2022, overseas purchases of articles of natural cork were finally on the rise to reach 44 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor 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, article of natural cork imports skyrocketed to $1.9M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.6% 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 +62.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 27% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

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

1. Portugal (29.5 tons)
2. China (12.0 tons)

Exports of Article of Natural Cork in Brazil

After three years of growth, overseas shipments of articles of natural cork decreased by -74.2% to 50 kg in 2022. Over the period under review, exports, however, showed a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 490% against the previous year.

In value terms, article of natural cork exports shrank remarkably to $1.8K in 2022. In general, exports recorded a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 585%. As a result, the exports reached the peak of $25K. From 2021 to 2022, the growth of the exports remained at a lower figure.

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

1. Paraguay (19.0 kg)
2. Peru (5.0 kg)
3. Mexico (5.0 kg)
4. Zambia (5.0 kg)
5. Bolivia (4.0 kg)
6. South Africa (2.0 kg)
7. France (2.0 kg)
8. Colombia (2.0 kg)
9. Argentina (2.0 kg)
10. Nicaragua (1.0 kg)
11. Russia (1.0 kg)

Source: IndexBox Market Intelligence Platform