Price for Cork; Natural Cork, Raw or Simply Prepared in South Africa - 2024
Contents:
- Price for Cork; Natural Cork, Raw or Simply Prepared in South Africa (CIF) - 2022
- Price for Cork; Natural Cork, Raw or Simply Prepared in South Africa (FOB) - 2022
- Imports of Cork; Natural Cork, Raw or Simply Prepared in South Africa
- Exports of Cork; Natural Cork, Raw or Simply Prepared in South Africa
Price for Cork; Natural Cork, Raw or Simply Prepared in South Africa (CIF) - 2022
In 2022, the average import price for cork; natural cork, raw or simply prepareds amounted to $10,492 per ton, surging by 51% against the previous year. Over the period under review, the import price, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 80%. The import price peaked at $62,947 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($51,000 per ton), while the price for China ($4,500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+30.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cork; Natural Cork, Raw or Simply Prepared in South Africa (FOB) - 2022
The average export price for cork; natural cork, raw or simply prepareds stood at $7,162 per ton in 2022, increasing by 21% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 44%. As a result, the export price attained the peak level of $9,832 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($15,538 per ton), while the average price for exports to Swaziland ($3,500 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 Kenya (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cork; Natural Cork, Raw or Simply Prepared in South Africa
In 2022, purchases abroad of cork; natural cork, raw or simply prepareds decreased by -51.2% to 1.4 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, imports reached the peak of 3 tons, and then reduced markedly in the following year.
In value terms, imports of cork; natural cork, raw or simply prepareds declined remarkably to $15K in 2022. Over the period under review, imports saw a abrupt decrease. The growth pace was the most rapid in 2020 when imports increased by 104% against the previous year. As a result, imports attained the peak of $45K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Cork; Natural Cork, Raw or Simply Prepared in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.1 | 10.5 | 19.0 | 13.4 | 3.5% |
| Swaziland | 1.8 | N/A | N/A | 1.7 | -1.9% |
| Portugal | 6.1 | 32.2 | N/A | 0.1 | -74.6% |
| Others | 2.2 | 2.6 | 1.6 | N/A | -14.7% |
| Total | 22.3 | 45.3 | 20.5 | 15.2 | -12.0% |
Top Suppliers of Cork; Natural Cork, Raw or Simply Prepared to South Africa in 2022:
- United States (1196.0 kg)
- Swaziland (244.0 kg)
- Portugal (1.0 kg)
Exports of Cork; Natural Cork, Raw or Simply Prepared in South Africa
In 2022, exports of cork; natural cork, raw or simply prepareds from South Africa fell sharply to 351 kg, which is down by -82.3% on the previous year's figure. In general, exports recorded a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 433%. As a result, the exports attained the peak of 2 tons, and then dropped markedly in the following year.
In value terms, exports of cork; natural cork, raw or simply prepareds fell markedly to $2.5K in 2022. Overall, exports showed a precipitous curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 267%. As a result, the exports reached the peak of $12K, and then shrank dramatically in the following year.
| Export of Cork; Natural Cork, Raw or Simply Prepared in South Africa (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 3,039 | 837 | 4,173 | 1,431 | -22.2% |
| Lesotho | 576 | 70.0 | 304 | 352 | -15.1% |
| Botswana | 211 | 199 | 1,098 | 227 | 2.5% |
| Kenya | 520 | 320 | 2,132 | 202 | -27.0% |
| Uganda | 54.0 | N/A | 149 | 115 | 28.7% |
| Tanzania | 59.0 | 788 | 83.0 | 92.0 | 16.0% |
| Swaziland | 1,046 | 138 | 460 | 63.0 | -60.8% |
| Democratic Republic of the Congo | N/A | N/A | 2,958 | N/A | 0% |
| Others | 703 | 831 | 312 | 32.0 | -64.3% |
| Total | 6,208 | 3,183 | 11,669 | 2,514 | -26.0% |
Top Export Markets for Cork; Natural Cork, Raw or Simply Prepared from South Africa in 2022:
- Namibia (158.0 kg)
- Lesotho (95.0 kg)
- Botswana (38.0 kg)
- Swaziland (18.0 kg)
- Uganda (15.0 kg)
- Kenya (13.0 kg)
- Tanzania (10.0 kg)
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