Price for Article of Natural Cork in Serbia - 2023
Contents:
- Price for Article of Natural Cork in Serbia (CIF) - 2022
- Price for Article of Natural Cork in Serbia (FOB) - 2022
- Imports of Article of Natural Cork in Serbia
- Exports of Article of Natural Cork in Serbia
Price for Article of Natural Cork in Serbia (CIF) - 2022
The average article of natural cork import price stood at $24,054 per ton in 2022, picking up by 36% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $31,576 per ton in 2014; however, from 2015 to 2022, import prices stood 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 France ($236,941 per ton), while the price for China ($5,640 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+30.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Article of Natural Cork in Serbia (FOB) - 2022
The average article of natural cork export price stood at $17,194 per ton in 2022, growing by 14% against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.4% 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 export price decreased by -39.7% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of 68% against the previous year. The export price peaked at $28,511 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
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 Montenegro ($33,323 per ton), while the average price for exports to Russia ($5,966 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 Croatia (+12.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Article of Natural Cork in Serbia
Article of natural cork imports into Serbia dropped to 24 tons in 2022, which is down by -1.8% compared with 2021 figures. Overall, imports recorded a deep slump.
In value terms, article of natural cork imports soared to $589K in 2022. The total import value increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Article of Natural Cork in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 220 | 337 | 237 | 353 | 17.1% |
| Austria | 165 | 89.1 | 98.4 | 73.3 | -23.7% |
| Spain | 8.0 | 2.7 | 2.5 | 70.5 | 106.6% |
| Italy | 41.1 | 33.6 | 8.0 | 20.1 | -21.2% |
| China | 35.2 | 10.7 | 11.1 | 17.4 | -20.9% |
| Bulgaria | 12.0 | 4.8 | 4.7 | 16.1 | 10.3% |
| Others | 13.3 | 41.2 | 78.9 | 38.3 | 42.3% |
| Total | 494 | 519 | 441 | 589 | 6.0% |
Top Suppliers of Article of Natural Cork to Serbia in 2022:
- Portugal (14.1 tons)
- China (3.1 tons)
- Bulgaria (2.2 tons)
- Spain (1.9 tons)
- Italy (1.0 tons)
- Austria (0.9 tons)
Exports of Article of Natural Cork in Serbia
In 2022, overseas shipments of articles of natural cork were finally on the rise to reach 2.5 tons after two years of decline. Overall, exports, however, continue to indicate a abrupt contraction.
In value terms, article of natural cork exports soared to $42K in 2022. In general, exports, however, showed a deep contraction.
| Export of Article of Natural Cork in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 4.1 | 5.8 | 2.1 | 17.6 | 62.5% |
| Montenegro | 22.1 | 11.4 | 10.1 | 17.2 | -8.0% |
| Russia | N/A | N/A | N/A | 5.3 | 0% |
| Croatia | 1.0 | 2.1 | 3.1 | 2.1 | 28.1% |
| Austria | 17.3 | N/A | N/A | N/A | 0% |
| Slovenia | 0.8 | 0.2 | 1.2 | N/A | 22.5% |
| Portugal | 20.5 | N/A | N/A | N/A | 0% |
| Others | N/A | 1.9 | 0.1 | 0.2 | -67.6% |
| Total | 65.8 | 21.4 | 16.6 | 42.4 | -13.6% |
Top Export Markets for Article of Natural Cork from Serbia in 2022:
- Bosnia and Herzegovina (897.0 kg)
- Russia (882.0 kg)
- Montenegro (517.0 kg)
- Croatia (165.0 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...
1596
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
1888
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...
1596
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
1107
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
