Price for Article of Natural Cork in Slovakia - 2023
Contents:
- Price for Article of Natural Cork in Slovakia (CIF) - 2023
- Price for Article of Natural Cork in Slovakia (FOB) - 2022
- Imports of Article of Natural Cork in Slovakia
- Exports of Article of Natural Cork in Slovakia
Price for Article of Natural Cork in Slovakia (CIF) - 2023
In June 2023, the average article of natural cork import price amounted to $11,583 per ton, with a decrease of -26.7% against the previous month. Overall, the import price continues to indicate a slight shrinkage. The pace of growth was the most pronounced in January 2023 an increase of 86% against the previous month. As a result, import price reached the peak level of $20,135 per ton. From February 2023 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($28,029 per ton), while the price for the Netherlands ($3,890 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Article of Natural Cork in Slovakia (FOB) - 2022
The average article of natural cork export price stood at $8,542 per ton in 2022, jumping by 22% against the previous year. In general, the export price, however, showed a perceptible shrinkage. The pace of growth was the most pronounced in 2018 an increase of 26%. Over the period under review, the average export prices attained the peak figure at $10,598 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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 Serbia ($29,400 per ton), while the average price for exports to Poland ($5,602 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 Hungary (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Article of Natural Cork in Slovakia
In 2022, imports of articles of natural cork into Slovakia shrank remarkably to 49 tons, waning by -23.7% on the year before. Over the period under review, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 7% against the previous year.
In value terms, article of natural cork imports shrank rapidly to $650K in 2022. Overall, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 11%. As a result, imports reached the peak of $945K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Article of Natural Cork in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 472 | 627 | 319 | 292 | -14.8% |
| Austria | 32.4 | 77.4 | 74.4 | 119 | 54.3% |
| Poland | 110 | 43.3 | 114 | 81.6 | -9.5% |
| Czech Republic | 99.4 | 116 | 150 | 73.2 | -9.7% |
| China | 75.9 | 34.7 | 70.6 | 32.6 | -24.6% |
| Italy | 2.3 | 3.6 | 16.3 | 20.0 | 105.6% |
| Germany | 23.9 | 11.3 | 8.5 | 14.1 | -16.1% |
| Others | 36.0 | 31.4 | 60.9 | 16.2 | -23.4% |
| Total | 851 | 945 | 813 | 650 | -8.6% |
Top Suppliers of Article of Natural Cork to Slovakia in 2022:
- France (23.1 tons)
- Austria (8.8 tons)
- Poland (6.5 tons)
- China (4.6 tons)
- Czech Republic (2.7 tons)
- Italy (1.0 tons)
- Germany (1.0 tons)
Exports of Article of Natural Cork in Slovakia
In 2022, the amount of articles of natural cork exported from Slovakia declined rapidly to 6.1 tons, dropping by -47.8% against the previous year's figure. Overall, exports faced a dramatic downturn. The growth pace was the most rapid in 2021 with an increase of 62% against the previous year.
In value terms, article of natural cork exports contracted dramatically to $52K in 2022. In general, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 62%. As a result, the exports reached the peak of $82K, and then declined significantly in the following year.
| Export of Article of Natural Cork in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 40.0 | 30.8 | 42.0 | 18.2 | -23.1% |
| Hungary | 18.3 | 15.5 | 25.2 | 14.1 | -8.3% |
| Poland | 17.4 | 2.5 | 2.7 | 9.1 | -19.4% |
| Serbia | N/A | N/A | N/A | 6.8 | 0% |
| Austria | N/A | 0.3 | 9.9 | 2.8 | 205.5% |
| Others | 0.4 | 1.6 | 2.2 | 1.3 | 48.1% |
| Total | 76.2 | 50.7 | 82.0 | 52.4 | -11.7% |
Top Export Markets for Article of Natural Cork from Slovakia in 2022:
- Hungary (2.1 tons)
- Czech Republic (1.7 tons)
- Poland (1.6 tons)
- Austria (0.3 tons)
- Serbia (0.2 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...
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