Price for Cork; Natural Cork, Raw or Simply Prepared in the Czech Republic - 2023

Contents:

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

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

In 2022, the average import price for cork; natural cork, raw or simply prepareds amounted to $7,038 per ton, increasing by 3.3% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 96% against the previous year. Over the period under review, average import prices hit record highs at $7,130 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($7,967 per ton), while the price for Portugal totaled $5,779 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+9.8%).

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

In 2022, the average export price for cork; natural cork, raw or simply prepareds amounted to $10,350 per ton, falling by -43.1% against the previous year. Overall, the export price, however, recorded prominent growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 138%. Over the period under review, the average export prices reached the peak figure at $18,175 per ton in 2021, and then fell sharply in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +20.3% per year.

Imports of Cork; Natural Cork, Raw or Simply Prepared in the Czech Republic

In 2022, after two years of decline, there was significant growth in purchases abroad of cork; natural cork, raw or simply prepareds, when their volume increased by 179% to 3.2 tons. Over the period under review, imports, however, showed a abrupt shrinkage.

In value terms, imports of cork; natural cork, raw or simply prepareds skyrocketed to $22K in 2022. Overall, imports continue to indicate a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Cork; Natural Cork, Raw or Simply Prepared to the Czech Republic in 2022:

1. Portugal (2.1 tons)
2. Germany (1.0 tons)

Exports of Cork; Natural Cork, Raw or Simply Prepared in the Czech Republic

In 2022, overseas shipments of cork; natural cork, raw or simply prepareds increased by 75% to 240 kg for the first time since 2019, thus ending a two-year declining trend. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 reduced to $2.5K in 2022. The total export value increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 16%.

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

1. Slovakia (240.0 kg)

Source: IndexBox Market Intelligence Platform