Price for Article of Natural Cork in Denmark - 2023

Contents:

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

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

The average article of natural cork import price stood at $13,347 per ton in 2022, jumping by 56% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable slump. Over the period under review, average import prices hit record highs at $21,090 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($24,500 per ton), while the price for the Netherlands ($5,213 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.0%), while the prices for the other major suppliers experienced a decline.

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

The average article of natural cork export price stood at $13,427 per ton in 2022, rising by 43% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 80%. As a result, the export price reached the peak level of $32,631 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($53,829 per ton), while the average price for exports to Faroe Islands ($4,058 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 France (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Article of Natural Cork in Denmark

In 2022, approx. 54 tons of articles of natural cork were imported into Denmark; rising by 113% compared with the previous year. Over the period under review, imports posted a significant increase. 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 surged to $722K in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Article of Natural Cork in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal15.516.524.3294166.7%
Sweden10016114219925.8%
Germany3.36.64.2163266.9%
China65.250.732.330.7-22.2%
Netherlands1.510.14.36.563.0%
Others45.225.010.728.4-14.4%
Total23127021772246.2%

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

  1. Sweden (24.9 tons)
  2. Portugal (15.3 tons)
  3. Germany (6.7 tons)
  4. China (4.0 tons)
  5. Netherlands (1.3 tons)

Exports of Article of Natural Cork in Denmark

In 2022, after three years of growth, there was significant decline in overseas shipments of articles of natural cork, when their volume decreased by -8.7% to 11 tons. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.8% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 56% against the previous year. As a result, the exports reached the peak of 13 tons, and then shrank in the following year.

In value terms, article of natural cork exports skyrocketed to $153K in 2022. The total export value increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Article of Natural Cork in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway23.110.524.350.730.0%
Germany27.519.512.414.2-19.8%
Israel3.06.42.412.159.2%
United States0.10.52.511.9391.9%
Poland3.72.53.59.034.5%
United Kingdom10.115.114.48.0-7.5%
Sweden8.79.17.47.9-3.2%
Netherlands4.14.92.07.019.5%
Faroe Islands0.14.428.16.9310.2%
France12.310.14.45.6-23.1%
Saudi ArabiaN/AN/AN/A5.40%
Italy5.10.20.35.10.0%
Switzerland1.92.29.13.016.4%
Others15.220.76.96.4-25.0%
Total11510611815310.0%

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

  1. Norway (4252.0 kg)
  2. Faroe Islands (1696.0 kg)
  3. Germany (1001.0 kg)
  4. Sweden (727.0 kg)
  5. Israel (700.0 kg)
  6. Poland (499.0 kg)
  7. Netherlands (467.0 kg)
  8. United Kingdom (461.0 kg)
  9. France (318.0 kg)
  10. Italy (255.0 kg)
  11. Switzerland (234.0 kg)
  12. United States (222.0 kg)
  13. Saudi Arabia (210.0 kg)

Source: IndexBox Market Intelligence Platform

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