Price for Article of Natural Cork in Sweden - 2023
Contents:
- Price for Article of Natural Cork in Sweden (CIF) - 2022
- Price for Article of Natural Cork in Sweden (FOB) - 2022
- Imports of Article of Natural Cork in Sweden
- Exports of Article of Natural Cork in Sweden
Price for Article of Natural Cork in Sweden (CIF) - 2022
The average article of natural cork import price stood at $5,781 per ton in 2022, increasing by 3.9% against the previous year. Overall, the import price saw a prominent expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 59% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
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 the UK ($28,072 per ton), while the price for Portugal ($4,133 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Article of Natural Cork in Sweden (FOB) - 2022
In 2022, the average article of natural cork export price amounted to $9,646 per ton, declining by -3.5% against the previous year. Overall, the export price, however, posted a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of 63% against the previous year. Over the period under review, the average export prices attained the peak figure at $9,993 per ton in 2021, and then fell slightly in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($9,228 per ton), while the average price for exports to Denmark ($8,495 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 Norway (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Article of Natural Cork in Sweden
In 2022, approx. 163 tons of articles of natural cork were imported into Sweden; increasing by 24% against 2021 figures. The total import volume increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years.
In value terms, article of natural cork imports soared to $944K in 2022. The total import value increased at an average annual rate of +10.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Article of Natural Cork in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 234 | 321 | 325 | 423 | 21.8% |
| China | 130 | 161 | 164 | 231 | 21.1% |
| France | 114 | 133 | 106 | 122 | 2.3% |
| United Kingdom | 5.5 | 12.8 | 24.1 | 73.2 | 137.0% |
| Denmark | 8.9 | 9.3 | 22.8 | 22.3 | 35.8% |
| Others | 210 | 181 | 92.3 | 72.8 | -29.8% |
| Total | 703 | 818 | 733 | 944 | 10.3% |
Top Suppliers of Article of Natural Cork to Sweden in 2022:
- Portugal (102.4 tons)
- China (36.1 tons)
- France (12.0 tons)
- Denmark (4.3 tons)
- United Kingdom (2.6 tons)
Exports of Article of Natural Cork in Sweden
In 2022, overseas shipments of articles of natural cork decreased by -14.9% to 55 tons, falling for the second year in a row after two years of growth. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.8% 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 decreased by -15.0% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 60%. As a result, the exports attained the peak of 65 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, article of natural cork exports reduced markedly to $534K in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 55%.
| Export of Article of Natural Cork in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 44.4 | 168 | 136 | 174 | 57.7% |
| Finland | 140 | 128 | 184 | 145 | 1.2% |
| Norway | 120 | 194 | 159 | 140 | 5.3% |
| Germany | 21.4 | 42.0 | 39.2 | 7.7 | -28.9% |
| Others | 81.0 | 98.3 | 131 | 67.0 | -6.1% |
| Total | 407 | 630 | 650 | 534 | 9.5% |
Top Export Markets for Article of Natural Cork from Sweden in 2022:
- Denmark (20.5 tons)
- Norway (16.1 tons)
- Finland (15.7 tons)
- Germany (0.5 tons)
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