Price for Article of Natural Cork in Turkey - 2023
Contents:
- Price for Article of Natural Cork in Turkey (CIF) - 2022
- Price for Article of Natural Cork in Turkey (FOB) - 2022
- Imports of Article of Natural Cork in Turkey
- Exports of Article of Natural Cork in Turkey
Price for Article of Natural Cork in Turkey (CIF) - 2022
The average article of natural cork import price stood at $24,677 per ton in 2022, increasing by 22% against the previous year. Over the period under review, the import price, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2020 an increase of 54%. The import price peaked at $38,734 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($68,392 per ton), while the price for China ($3,182 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Article of Natural Cork in Turkey (FOB) - 2022
The average article of natural cork export price stood at $6,727 per ton in 2022, increasing by 63% against the previous year. Over the period under review, the export price continues to indicate a mild increase. The pace of growth was the most pronounced in 2013 an increase of 78%. As a result, the export price attained the peak level of $10,390 per ton. From 2014 to 2022, the average export prices remained 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 Russia ($11,636 per ton), while the average price for exports to Serbia ($614 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 Belarus (+55.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Article of Natural Cork in Turkey
In 2022, the amount of articles of natural cork imported into Turkey soared to 76 tons, growing by 30% compared with the previous year. In general, imports enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by 61%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, article of natural cork imports surged to $1.9M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Article of Natural Cork in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 358 | 565 | 192 | 799 | 30.7% |
| France | 194 | 523 | 343 | 654 | 49.9% |
| Germany | 176 | 159 | 82.5 | 293 | 18.5% |
| China | 31.4 | 37.3 | 28.8 | 45.4 | 13.1% |
| India | 14.0 | 12.1 | 4.1 | 29.7 | 28.5% |
| Italy | 1.0 | 9.3 | 1.0 | 19.4 | 168.7% |
| United Arab Emirates | 333 | 22.7 | 511 | N/A | 23.9% |
| Others | 4.7 | 12.1 | 12.3 | 24.5 | 73.4% |
| Total | 1,113 | 1,340 | 1,174 | 1,865 | 18.8% |
Top Suppliers of Article of Natural Cork to Turkey in 2022:
- Portugal (31.2 tons)
- France (20.9 tons)
- China (14.3 tons)
- Germany (4.3 tons)
- India (2.9 tons)
- Italy (1.3 tons)
Exports of Article of Natural Cork in Turkey
For the fourth consecutive year, Turkey recorded growth in shipments abroad of articles of natural cork, which increased by 39% to 57 tons in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 66%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, article of natural cork exports surged to $381K in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Article of Natural Cork in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.3 | N/A | N/A | 279 | 876.1% |
| Germany | 7.9 | 0.3 | 19.8 | 26.8 | 50.3% |
| United Arab Emirates | 84.8 | 71.6 | 38.0 | 10.2 | -50.6% |
| United Kingdom | 0.1 | N/A | 4.8 | 6.9 | 310.2% |
| Belarus | N/A | 0.1 | 0.3 | 6.0 | 674.6% |
| Uzbekistan | 0.1 | 1.3 | 0.1 | 5.8 | 287.1% |
| Albania | 1.4 | 1.9 | 3.5 | 5.5 | 57.8% |
| Serbia | N/A | 0.1 | 0.1 | 3.3 | 474.5% |
| Azerbaijan | 0.6 | 1.0 | 2.7 | 3.0 | 71.0% |
| Kyrgyzstan | 0.4 | 1.0 | 1.0 | 2.2 | 76.5% |
| Tajikistan | N/A | N/A | 1.5 | N/A | 0% |
| Others | 15.2 | 17.2 | 95.7 | 32.7 | 29.1% |
| Total | 111 | 94.6 | 168 | 381 | 50.8% |
Top Export Markets for Article of Natural Cork from Turkey in 2022:
- Russia (24.0 tons)
- Germany (6.9 tons)
- Serbia (5.3 tons)
- Belarus (2.9 tons)
- United Arab Emirates (2.4 tons)
- United Kingdom (2.2 tons)
- Uzbekistan (2.2 tons)
- Albania (2.2 tons)
- Azerbaijan (1.6 tons)
- Kyrgyzstan (1.4 tons)
604
This report provides an in-depth analysis of the cork article market in Turkey.
449
This report provides an in-depth analysis of the natural cork stopper market in Turkey.
2508
This report provides an in-depth analysis of the global cork article market.
1058
This report provides an in-depth analysis of the global natural cork stopper market.
604
This report provides an in-depth analysis of the cork article market in Turkey.
449
This report provides an in-depth analysis of the natural cork stopper market in Turkey.
2508
This report provides an in-depth analysis of the global cork article market.
1058
This report provides an in-depth analysis of the global natural cork stopper market.
1858
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...
1567
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
1096
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
1858
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...
1567
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
1096
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
