Price for Article of Natural Cork in Paraguay - 2023

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

In 2022, the average article of natural cork import price amounted to $9,388 per ton, falling by -7.7% against the previous year. Overall, the import price, however, saw a measured expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 81%. As a result, import price attained the peak level of $10,166 per ton, and then contracted in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($9,588 per ton), while the price for Brazil ($7,532 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2021, the average article of natural cork export price amounted to $9,234 per ton, reducing by -63.4% against the previous year. Overall, the export price saw a abrupt downturn. The export price peaked at $25,256 per ton in 2020, and then fell rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for France amounted to +4.4% per year.

Imports of Article of Natural Cork in Paraguay

In 2022, the amount of articles of natural cork imported into Paraguay declined notably to 2.2 tons, which is down by -51.9% on the year before. Over the period under review, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 140% against the previous year. As a result, imports reached the peak of 4.6 tons, and then plummeted in the following year.

In value terms, article of natural cork imports declined rapidly to $21K in 2022. In general, imports recorded a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 335% against the previous year. As a result, imports reached the peak of $47K, and then shrank dramatically in the following year.

Import of Article of Natural Cork in Paraguay (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Estonia	N/A	N/A	N/A	13.0	0%
China	2.1	0.5	2.7	6.1	42.7%
Brazil	6.7	7.7	3.9	0.6	-55.3%
Argentina	N/A	0.3	3.4	N/A	1033.3%
Portugal	11.2	0.4	34.2	N/A	74.7%
Others	2.1	1.8	2.5	1.1	-19.4%
Total	22.2	10.8	46.8	20.8	-2.1%

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

Estonia (1430.0 kg)
China (636.0 kg)
Brazil (79.0 kg)

Exports of Article of Natural Cork in Paraguay

In 2021, exports of articles of natural cork from Paraguay soared to 239 kg, picking up by 513% against the year before. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, article of natural cork exports surged to $2.2K in 2021. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.