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

Contents:

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

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

In 2022, the average import price for cork; natural cork, raw or simply prepareds amounted to $12,376 per ton, declining by -13.3% against the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of 33% against the previous year. The import price peaked at $14,279 per ton in 2021, and then fell in the following year.

As there is only one major supplying country, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +11.5% per year.

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

In 2022, the average export price for cork; natural cork, raw or simply prepareds amounted to $512 per ton, falling by -73.9% against the previous year. Over the period under review, the export price recorded a dramatic setback. The pace of growth appeared the most rapid in 2018 an increase of 241%. The export price peaked at $13,794 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Timor-Leste.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +20.5% per year.

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

In 2022, the amount of cork; natural cork, raw or simply prepareds imported into Indonesia shrank sharply to 1.2 tons, declining by -28.7% against 2021 figures. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 98% against the previous year. As a result, imports attained the peak of 1.6 tons, and then dropped rapidly in the following year.

In value terms, imports of cork; natural cork, raw or simply prepareds shrank remarkably to $14K in 2022. Over the period under review, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 121%. As a result, imports reached the peak of $23K, and then reduced rapidly in the following year.

Import of Cork; Natural Cork, Raw or Simply Prepared in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1.71.45.914.3103.4%
Taiwan (Chinese)3.23.57.1N/A49.0%
United States5.33.25.4N/A0.9%
Others8.32.44.7N/A-24.7%
Total18.510.523.114.3-8.2%

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

  1. Japan (1150.0 kg)

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

In 2022, exports of cork; natural cork, raw or simply prepareds from Indonesia surged to 1.6 tons, jumping by 427% compared with 2021. Overall, exports, however, faced a abrupt decrease.

In value terms, exports of cork; natural cork, raw or simply prepareds skyrocketed to $817 in 2022. Over the period under review, exports, however, recorded a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 59%.

Export of Cork; Natural Cork, Raw or Simply Prepared in Indonesia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Timor-Leste932103141768-6.2%
Portugal722103183N/A-49.7%
Others1,01416927149.0-63.6%
Total2,668375595817-32.6%

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

  1. Timor-Leste (1587.0 kg)

Source: IndexBox Market Intelligence Platform

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