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

Contents:

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

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

In 2022, the average import price for cork; natural cork, raw or simply prepareds amounted to $12,662 per ton, dropping by -11.7% against the previous year. In general, the import price, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2021 an increase of 277%. As a result, import price attained the peak level of $14,333 per ton, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($15,881 per ton), while the price for the Netherlands ($4,400 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+48.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for cork; natural cork, raw or simply prepareds stood at $56,000 per ton in 2022, growing by 82% against the previous year. Over the period under review, the export price continues to indicate a significant increase. The pace of growth appeared the most rapid in 2018 an increase of 267% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($116,000 per ton), while the average price for exports to the Netherlands ($25,000 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+81.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of cork; natural cork, raw or simply prepareds into Finland surged to 225 kg in 2022, picking up by 7,400% compared with 2021 figures. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cork; natural cork, raw or simply prepareds soared to $2.8K in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Sweden (171.0 kg)
2. China (42.0 kg)
3. Netherlands (10.0 kg)

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

In 2022, shipments abroad of cork; natural cork, raw or simply prepareds decreased by -50% to 3 kg for the first time since 2019, thus ending a two-year rising trend. Overall, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 20% against the previous year. As a result, the exports attained the peak of 6 kg, and then fell rapidly in the following year.

In value terms, exports of cork; natural cork, raw or simply prepareds reduced to $168 in 2022. Over the period under review, exports saw a abrupt curtailment.

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

1. United States (1.0 kg)
2. Netherlands (1.0 kg)
3. Latvia (1.0 kg)

Source: IndexBox Market Intelligence Platform