Price for Cork; Natural Cork, Raw or Simply Prepared in Belgium - 2023

Contents:

1. Price for Cork; Natural Cork, Raw or Simply Prepared in Belgium (CIF) - 2022
2. Price for Cork; Natural Cork, Raw or Simply Prepared in Belgium (FOB) - 2022
3. Imports of Cork; Natural Cork, Raw or Simply Prepared in Belgium
4. Exports of Cork; Natural Cork, Raw or Simply Prepared in Belgium

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

The average import price for cork; natural cork, raw or simply prepareds stood at $2,697 per ton in 2022, increasing by 25% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $2,847 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($11,991 per ton), while the price for Portugal ($2,581 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cork; Natural Cork, Raw or Simply Prepared in Belgium (FOB) - 2022

In 2022, the average export price for cork; natural cork, raw or simply prepareds amounted to $3,243 per ton, which is down by -44.6% against the previous year. In general, the export price recorded a deep setback. The growth pace was the most rapid in 2014 an increase of 150%. As a result, the export price reached the peak level of $9,385 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($17,500 per ton), while the average price for exports to Luxembourg ($2,445 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 Sweden (+19.1%), while the prices for the other major destinations experienced a decline.

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

Imports of cork; natural cork, raw or simply prepareds into Belgium shrank notably to 155 tons in 2022, dropping by -72.7% against the previous year's figure. Overall, imports continue to indicate a sharp setback. The smallest decline of -11.6% was in 2020.

In value terms, imports of cork; natural cork, raw or simply prepareds dropped significantly to $417K in 2022. In general, imports saw a precipitous decline. The smallest decline of -12.6% was in 2020.

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

1. Portugal (152.4 tons)

Exports of Cork; Natural Cork, Raw or Simply Prepared in Belgium

In 2022, exports of cork; natural cork, raw or simply prepareds from Belgium skyrocketed to 92 tons, rising by 81% compared with the previous year's figure. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 2,119% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of cork; natural cork, raw or simply prepareds totaled $298K in 2022. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 2,487%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Cork; Natural Cork, Raw or Simply Prepared from Belgium in 2022:

1. France (85.9 tons)
2. Israel (3.2 tons)
3. Luxembourg (2.5 tons)

Source: IndexBox Market Intelligence Platform