Price for Article of Natural Cork in the Netherlands - 2023

Contents:

1. Price for Article of Natural Cork in the Netherlands (CIF) - 2023
2. Price for Article of Natural Cork in the Netherlands (FOB) - 2023
3. Imports of Article of Natural Cork in the Netherlands
4. Exports of Article of Natural Cork in the Netherlands

Price for Article of Natural Cork in the Netherlands (CIF) - 2023

The average article of natural cork import price stood at $9,641 per ton in July 2023, increasing by 18% against the previous month. Overall, import price indicated a moderate expansion from July 2022 to July 2023: its price increased at an average monthly rate of +2.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, article of natural cork import price increased by +112.8% against April 2023 indices. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 58% month-to-month. The import price peaked at $9,840 per ton in September 2022; however, from October 2022 to July 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Italy ($45,767 per ton), while the price for China ($6,883 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Article of Natural Cork in the Netherlands (FOB) - 2023

In July 2023, the average article of natural cork export price amounted to $8,945 per ton, leveling off at the previous month. Overall, the export price enjoyed noticeable growth. The most prominent rate of growth was recorded in December 2022 an increase of 83% m-o-m. As a result, the export price attained the peak level of $12,215 per ton. From January 2023 to July 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Suriname ($81,298 per ton), while the average price for exports to Germany ($5,946 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Article of Natural Cork in the Netherlands

In 2022, approx. 311 tons of articles of natural cork were imported into the Netherlands; which is down by -31.3% against the year before. Over the period under review, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 97% against the previous year. As a result, imports reached the peak of 453 tons, and then dropped remarkably in the following year.

In value terms, article of natural cork imports contracted markedly to $1.9M in 2022. In general, imports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 130% against the previous year. As a result, imports attained the peak of $2.7M, and then fell sharply in the following year.

Top Suppliers of Article of Natural Cork to the Netherlands in 2022:

1. China (198.3 tons)
2. Portugal (32.5 tons)
3. Poland (29.2 tons)
4. Germany (15.2 tons)
5. Belgium (12.5 tons)
6. Italy (7.5 tons)

Exports of Article of Natural Cork in the Netherlands

After three years of growth, overseas shipments of articles of natural cork decreased by -10.1% to 191 tons in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +16.2% 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 increased by +56.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 52%.

In value terms, article of natural cork exports expanded to $1.4M in 2022. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 75% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Top Export Markets for Article of Natural Cork from the Netherlands in 2022:

1. Germany (64.6 tons)
2. Poland (46.7 tons)
3. France (19.2 tons)
4. Belgium (16.5 tons)
5. United Kingdom (8.0 tons)
6. Romania (3.9 tons)
7. Greece (3.1 tons)

Source: IndexBox Market Intelligence Platform