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

Contents:

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

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

In 2022, the average export price for cork; natural cork, raw or simply prepareds amounted to $5,714 per ton, growing by 8.1% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 36%. As a result, the export price attained the peak level of $6,031 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 Norway ($37,361 per ton), while the average price for exports to the UK ($2,296 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 Norway (+32.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for cork; natural cork, raw or simply prepareds amounted to $8,760 per ton, jumping by 119% against the previous year. Over the period under review, the import price continues to indicate strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($52,297 per ton), while the price for the Netherlands ($3,126 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+57.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of cork; natural cork, raw or simply prepareds from Germany soared to 51 tons, growing by 31% compared with the previous year's figure. The total export volume increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cork; natural cork, raw or simply prepareds surged to $292K in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.5% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cork; Natural Cork, Raw or Simply Prepared in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland68.112191.711218.0%
NorwayN/AN/AN/A46.90%
Switzerland49.538.541.545.9-2.5%
Austria15.620.520.219.78.1%
Japan3.53.36.512.954.5%
United Kingdom2.34.84.89.761.6%
Netherlands0.84.04.28.5119.8%
PortugalN/AN/AN/A7.50%
France2.15.310.86.847.9%
China5.5N/AN/A2.5-23.1%
United States9.07.35.8N/A-19.7%
Others10.825.521.219.622.0%
Total16723120729220.5%

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

  1. Poland (27.5 tons)
  2. Switzerland (5.6 tons)
  3. United Kingdom (4.2 tons)
  4. Austria (3.4 tons)
  5. Japan (1.7 tons)
  6. Netherlands (1.3 tons)
  7. Norway (1.3 tons)
  8. France (1.2 tons)
  9. Portugal (1.1 tons)
  10. China (1.1 tons)

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

In 2022, imports of cork; natural cork, raw or simply prepareds into Germany shrank markedly to 7.7 tons, reducing by -73.5% on the previous year's figure. In general, imports showed a precipitous setback. The smallest decline of -31.6% was in 2020.

In value terms, imports of cork; natural cork, raw or simply prepareds dropped sharply to $67K in 2022. Overall, imports showed a sharp contraction. The smallest decline of -12.8% was in 2020.

Import of Cork; Natural Cork, Raw or Simply Prepared in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal10657.742.739.4-28.1%
Czech Republic74.597.851.011.0-47.1%
United States6.2N/AN/A8.19.3%
China1.40.32.64.446.5%
ItalyN/A9.75.83.3-41.7%
Netherlands4.211.59.00.3-58.5%
France39.131.60.9N/A-84.8%
Others8.00.53.90.7-55.6%
Total24020911667.1-34.6%

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

  1. Portugal (5.1 tons)
  2. Czech Republic (1.5 tons)
  3. China (0.4 tons)
  4. Italy (0.2 tons)
  5. United States (0.2 tons)
  6. Netherlands (0.1 tons)

Source: IndexBox Market Intelligence Platform

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