Price for Article of Natural Cork in Lithuania - 2023
Contents:
- Price for Article of Natural Cork in Lithuania (CIF) - 2022
- Price for Article of Natural Cork in Lithuania (FOB) - 2022
- Imports of Article of Natural Cork in Lithuania
- Exports of Article of Natural Cork in Lithuania
Price for Article of Natural Cork in Lithuania (CIF) - 2022
In 2022, the average article of natural cork import price amounted to $2,946 per ton, waning by -5.6% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 21%. As a result, import price attained the peak level of $3,882 per ton. From 2015 to 2022, the average import prices remained at a somewhat 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 Denmark ($9,011 per ton), while the price for Poland ($2,418 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Article of Natural Cork in Lithuania (FOB) - 2022
The average article of natural cork export price stood at $9,838 per ton in 2022, shrinking by -31.5% against the previous year. Over the period under review, the export price, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 96% against the previous year. Over the period under review, the average export prices reached the peak figure at $14,372 per ton in 2021, and then declined significantly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($80,278 per ton), while the average price for exports to Latvia ($3,510 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 Kazakhstan (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Article of Natural Cork in Lithuania
For the fourth consecutive year, Lithuania recorded growth in purchases abroad of articles of natural cork, which increased by 40% to 440 tons in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 53%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, article of natural cork imports soared to $1.3M in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 59% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Article of Natural Cork in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 334 | 466 | 689 | 1,001 | 44.2% |
| Denmark | 88.9 | 113 | 197 | 167 | 23.4% |
| Others | 85.0 | 38.8 | 98.9 | 128 | 14.6% |
| Total | 508 | 618 | 984 | 1,296 | 36.6% |
Top Suppliers of Article of Natural Cork to Lithuania in 2022:
- Poland (413.9 tons)
- Denmark (18.6 tons)
Exports of Article of Natural Cork in Lithuania
Article of natural cork exports from Lithuania surged to 18 tons in 2022, rising by 92% against the year before. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 187%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, article of natural cork exports surged to $175K in 2022. In general, exports showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 304% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Article of Natural Cork in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 0.1 | 0.1 | 0.3 | 121 | 965.6% |
| Russia | 44.9 | 20.2 | 61.5 | 47.0 | 1.5% |
| Denmark | 3.3 | 3.2 | 8.2 | 3.4 | 1.0% |
| Latvia | 12.1 | 5.4 | 0.4 | 0.9 | -57.9% |
| United Kingdom | 3.8 | N/A | N/A | N/A | 0% |
| Luxembourg | 3.9 | 2.1 | 5.6 | N/A | 19.8% |
| Georgia | N/A | N/A | 55.1 | N/A | 0% |
| Others | 11.1 | 1.9 | 2.6 | 2.5 | -39.2% |
| Total | 79.1 | 33.1 | 134 | 175 | 30.3% |
Top Export Markets for Article of Natural Cork from Lithuania in 2022:
- Belarus (13.5 tons)
- Russia (3.5 tons)
- Denmark (0.4 tons)
- Latvia (0.3 tons)
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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...
1565
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
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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
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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...
1565
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
1095
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
