Price for Article of Natural Cork in Croatia - 2023
Contents:
- Price for Article of Natural Cork in Croatia (CIF) - 2022
- Price for Article of Natural Cork in Croatia (FOB) - 2022
- Imports of Article of Natural Cork in Croatia
- Exports of Article of Natural Cork in Croatia
Price for Article of Natural Cork in Croatia (CIF) - 2022
In 2022, the average article of natural cork import price amounted to $42,439 per ton, rising by 3.4% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.1% 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 +87.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 61%. The import price peaked at $49,130 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 ($77,147 per ton), while the price for Slovenia ($18,279 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Article of Natural Cork in Croatia (FOB) - 2022
In 2022, the average article of natural cork export price amounted to $21,809 per ton, falling by -8.3% against the previous year. In general, the export price, however, saw buoyant growth. The pace of growth was the most pronounced in 2021 an increase of 161% against the previous year. As a result, the export price attained the peak level of $23,775 per ton, and then dropped in the following year.
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 Italy ($177,339 per ton), while the average price for exports to Serbia ($4,940 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 Spain (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Article of Natural Cork in Croatia
In 2022, overseas purchases of articles of natural cork were finally on the rise to reach 40 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a perceptible decrease.
In value terms, article of natural cork imports rose markedly to $1.7M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.0% 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 +72.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 43% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Article of Natural Cork in Croatia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 488 | 535 | 922 | 914 | 23.3% |
Portugal | 8.6 | 112 | 114 | 267 | 214.3% |
Spain | 220 | 232 | 295 | 171 | -8.1% |
Italy | 104 | 46.2 | 55.0 | 165 | 16.6% |
Slovenia | 34.7 | 31.8 | 11.9 | 76.5 | 30.1% |
Germany | 43.6 | 30.1 | 45.8 | 54.3 | 7.6% |
France | 2.4 | 37.3 | N/A | 20.7 | 105.1% |
United Kingdom | 32.6 | 18.9 | 68.3 | 12.3 | -27.7% |
Netherlands | 12.4 | 2.4 | 5.6 | 6.2 | -20.6% |
Hungary | 12.5 | 5.3 | 2.3 | 4.6 | -28.3% |
Greece | 12.3 | 8.9 | 7.5 | N/A | -21.9% |
Others | 18.5 | 14.1 | 12.1 | 17.7 | -1.5% |
Total | 990 | 1,074 | 1,540 | 1,710 | 20.0% |
Top Suppliers of Article of Natural Cork to Croatia in 2022:
- Austria (15.5 tons)
- Spain (5.6 tons)
- Italy (4.9 tons)
- Slovenia (4.2 tons)
- Portugal (3.5 tons)
- Germany (2.2 tons)
- France (1.0 tons)
- Netherlands (0.7 tons)
- United Kingdom (0.6 tons)
- Hungary (0.6 tons)
Exports of Article of Natural Cork in Croatia
In 2022, overseas shipments of articles of natural cork decreased by -3.9% to 2.2 tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2020 when exports increased by 26%. As a result, the exports reached the peak of 3.4 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, article of natural cork exports fell to $48K in 2022. Overall, exports saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 75%. As a result, the exports attained the peak of $55K, and then fell in the following year.
Export of Article of Natural Cork in Croatia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 15.5 | 3.4 | 16.7 | 11.5 | -9.5% |
Spain | 8.7 | 13.0 | 16.9 | 8.7 | 0.0% |
Serbia | 8.0 | 7.0 | 8.2 | 8.2 | 0.8% |
Slovenia | 8.3 | 6.0 | 2.7 | 6.8 | -6.4% |
Bosnia and Herzegovina | 9.5 | 0.3 | 0.9 | 6.2 | -13.3% |
Austria | 0.1 | N/A | 4.7 | 3.8 | 236.2% |
Others | 1.2 | 1.4 | 4.5 | 3.1 | 37.2% |
Total | 51.4 | 31.2 | 54.6 | 48.2 | -2.1% |
Top Export Markets for Article of Natural Cork from Croatia in 2022:
- Serbia (1657.0 kg)
- Bosnia and Herzegovina (234.0 kg)
- Slovenia (134.0 kg)
- Italy (65.0 kg)
- Spain (50.0 kg)
- Austria (42.0 kg)
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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...
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
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