Price for Cork; Natural Cork, Raw or Simply Prepared in Angola - 2022

Contents:

  1. Price for Cork; Natural Cork, Raw or Simply Prepared in Angola (CIF) - 2022
  2. Imports of Cork; Natural Cork, Raw or Simply Prepared in Angola

Price for Cork; Natural Cork, Raw or Simply Prepared in Angola (CIF) - 2022

In 2022, the average import price for cork; natural cork, raw or simply prepareds amounted to $5,023 per ton, rising by 52% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 79% against the previous year. The import price peaked at $6,979 per ton in 2012; however, from 2013 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 South Africa ($76,000 per ton), while the price for Namibia ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+170.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Cork; Natural Cork, Raw or Simply Prepared in Angola

In 2022, overseas purchases of cork; natural cork, raw or simply prepareds decreased by -84.2% to 43 kg, falling for the second consecutive year after two years of growth. In general, imports faced a significant decrease. The growth pace was the most rapid in 2020 when imports increased by 403% against the previous year. As a result, imports reached the peak of 664 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cork; natural cork, raw or simply prepareds fell dramatically to $216 in 2022. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 368%. As a result, imports attained the peak of $1.2K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Cork; Natural Cork, Raw or Simply Prepared in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal178738450100-17.5%
South Africa49.038134176.015.8%
China34.010676.013.0-27.4%
SpainN/AN/A30.013.0-56.7%
Namibia1.01.01.01.00.0%
OthersN/AN/AN/A13.00%
Total2621,226898216-6.2%

Top Suppliers of Cork; Natural Cork, Raw or Simply Prepared to Angola in 2022:

  1. Portugal (32.0 kg)
  2. China (4.0 kg)
  3. Spain (4.0 kg)
  4. South Africa (1.0 kg)
  5. Namibia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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