Price for Cork; Natural Cork, Raw or Simply Prepared in Slovakia - 2023
Contents:
- Price for Cork; Natural Cork, Raw or Simply Prepared in Slovakia (FOB) - 2022
- Price for Cork; Natural Cork, Raw or Simply Prepared in Slovakia (CIF) - 2022
- Exports of Cork; Natural Cork, Raw or Simply Prepared in Slovakia
- Imports of Cork; Natural Cork, Raw or Simply Prepared in Slovakia
Price for Cork; Natural Cork, Raw or Simply Prepared in Slovakia (FOB) - 2022
The average export price for cork; natural cork, raw or simply prepareds stood at $5,264 per ton in 2022, declining by -11.7% against the previous year. In general, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices attained the maximum at $6,168 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Ukraine.
From 2012 to 2022, the rate of growth in terms of prices for Ukraine amounted to +3.0% per year.
Price for Cork; Natural Cork, Raw or Simply Prepared in Slovakia (CIF) - 2022
The average import price for cork; natural cork, raw or simply prepareds stood at $10,459 per ton in 2022, falling by -15.9% against the previous year. Overall, the import price, however, showed a buoyant increase. The growth pace was the most rapid in 2013 an increase of 129% against the previous year. Over the period under review, average import prices reached the peak figure at $18,941 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($13,459 per ton), while the price for Austria ($4,871 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+60.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cork; Natural Cork, Raw or Simply Prepared in Slovakia
In 2022, overseas shipments of cork; natural cork, raw or simply prepareds decreased by -60.3% to 1.7 tons, falling for the second consecutive year after two years of growth. In general, exports faced a abrupt decrease. The pace of growth was the most pronounced in 2020 when exports increased by 44%. As a result, the exports attained the peak of 4.3 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of cork; natural cork, raw or simply prepareds dropped markedly to $8.8K in 2022. Overall, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 98% against the previous year.
| Export of Cork; Natural Cork, Raw or Simply Prepared in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 12.0 | 23.7 | 25.1 | 8.8 | -9.8% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 12.0 | 23.8 | 25.2 | 8.8 | -9.8% |
Top Export Markets for Cork; Natural Cork, Raw or Simply Prepared from Slovakia in 2022:
- Ukraine (1.7 tons)
Imports of Cork; Natural Cork, Raw or Simply Prepared in Slovakia
After three years of growth, overseas purchases of cork; natural cork, raw or simply prepareds decreased by -15.1% to 320 kg in 2022. In general, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 143%. As a result, imports reached the peak of 377 kg, and then contracted rapidly in the following year.
In value terms, imports of cork; natural cork, raw or simply prepareds shrank rapidly to $3.3K in 2022. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 130% against the previous year. As a result, imports reached the peak of $4.7K, and then contracted markedly in the following year.
| Import of Cork; Natural Cork, Raw or Simply Prepared in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 0.8 | 1.9 | 3.1 | 2.1 | 37.9% |
| Germany | 0.5 | N/A | 1.5 | 0.7 | 11.9% |
| Austria | N/A | N/A | N/A | 0.5 | 0% |
| China | 0.4 | 0.1 | N/A | N/A | -75.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.7 | 2.0 | 4.7 | 3.3 | 24.7% |
Top Suppliers of Cork; Natural Cork, Raw or Simply Prepared to Slovakia in 2022:
- Czech Republic (157.0 kg)
- Austria (101.0 kg)
- Germany (55.0 kg)
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