Price for Cork; Natural Cork, Raw or Simply Prepared in Tanzania - 2022
Contents:
- Price for Cork; Natural Cork, Raw or Simply Prepared in Tanzania (CIF) - 2022
- Imports of Cork; Natural Cork, Raw or Simply Prepared in Tanzania
Price for Cork; Natural Cork, Raw or Simply Prepared in Tanzania (CIF) - 2022
The average import price for cork; natural cork, raw or simply prepareds stood at $4,500 per ton in 2022, falling by -53.8% against the previous year. Overall, the import price saw a mild shrinkage. The growth pace was the most rapid in 2016 when the average import price increased by 226%. As a result, import price reached the peak level of $12,748 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
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 China ($10,500 per ton), while the price for India totaled $900 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+25.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Cork; Natural Cork, Raw or Simply Prepared in Tanzania
Imports of cork; natural cork, raw or simply prepareds into Tanzania expanded markedly to 16 kg in 2022, picking up by 6.7% against the previous year. Over the period under review, imports, however, faced a dramatic decline. The most prominent rate of growth was recorded in 2020 when imports increased by 77%. As a result, imports attained the peak of 110 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cork; natural cork, raw or simply prepareds declined markedly to $72 in 2022. Overall, imports, however, showed a precipitous descent. The most prominent rate of growth was recorded in 2020 with an increase of 82% against the previous year. As a result, imports reached the peak of $788. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Cork; Natural Cork, Raw or Simply Prepared in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.0 | 194 | 63.0 | 63.0 | 18.4% |
| India | 15.0 | 26.0 | 5.0 | 9.0 | -15.7% |
| United Arab Emirates | 342 | 442 | 42.0 | N/A | -65.0% |
| South Africa | 37.0 | 126 | 36.0 | N/A | -1.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 432 | 788 | 146 | 72.0 | -45.0% |
Top Suppliers of Cork; Natural Cork, Raw or Simply Prepared to Tanzania in 2022:
- India (10.0 kg)
- China (6.0 kg)
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