Price for Cork; Natural Cork, Raw or Simply Prepared in Turkey - 2023
Contents:
- Price for Cork; Natural Cork, Raw or Simply Prepared in Turkey (CIF) - 2022
- Price for Cork; Natural Cork, Raw or Simply Prepared in Turkey (FOB) - 2022
- Imports of Cork; Natural Cork, Raw or Simply Prepared in Turkey
- Exports of Cork; Natural Cork, Raw or Simply Prepared in Turkey
Price for Cork; Natural Cork, Raw or Simply Prepared in Turkey (CIF) - 2022
In 2022, the average import price for cork; natural cork, raw or simply prepareds amounted to $23,380 per ton, waning by -20.7% against the previous year. Overall, the import price, however, saw a significant expansion. The growth pace was the most rapid in 2017 an increase of 62%. Over the period under review, average import prices attained the maximum at $29,476 per ton in 2021, and then fell notably in the following year.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +20.4% per year.
Price for Cork; Natural Cork, Raw or Simply Prepared in Turkey (FOB) - 2022
In 2022, the average export price for cork; natural cork, raw or simply prepareds amounted to $401 per ton, which is down by -98.1% against the previous year. Overall, the export price saw a significant curtailment. The most prominent rate of growth was recorded in 2020 when the average export price increased by 42% against the previous year. As a result, the export price reached the peak level of $21,116 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Lebanon.
From 2013 to 2022, the rate of growth in terms of prices for Syrian Arab Republic amounted to +7.8% per year.
Imports of Cork; Natural Cork, Raw or Simply Prepared in Turkey
Imports of cork; natural cork, raw or simply prepareds into Turkey skyrocketed to 292 kg in 2022, rising by 1,290% compared with the previous year. In general, imports, however, faced a sharp reduction.
In value terms, imports of cork; natural cork, raw or simply prepareds skyrocketed to $6.8K in 2022. Over the period under review, imports, however, continue to indicate a sharp contraction.
| Import of Cork; Natural Cork, Raw or Simply Prepared in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.0 | N/A | N/A | 6.8 | 19.3% |
| Portugal | 15.0 | N/A | N/A | N/A | 0% |
| China | 1.6 | N/A | N/A | N/A | 0% |
| Others | 15.0 | N/A | 0.6 | N/A | -80.0% |
| Total | 35.6 | N/A | 0.6 | 6.8 | -42.4% |
Top Suppliers of Cork; Natural Cork, Raw or Simply Prepared to Turkey in 2022:
- United States (292.0 kg)
Exports of Cork; Natural Cork, Raw or Simply Prepared in Turkey
In 2022, shipments abroad of cork; natural cork, raw or simply prepareds was finally on the rise to reach 2.5 tons after two years of decline. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of cork; natural cork, raw or simply prepareds declined rapidly to $1K in 2022. Over the period under review, exports, however, showed a significant decrease. The smallest decline of -20.8% was in 2020.
| Export of Cork; Natural Cork, Raw or Simply Prepared in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lebanon | N/A | N/A | N/A | 1.0 | 0% |
| Nigeria | 3.2 | N/A | N/A | N/A | 0% |
| Syrian Arab Republic | N/A | 8.7 | N/A | N/A | 0% |
| Democratic Republic of the Congo | 1.1 | N/A | N/A | N/A | 0% |
| Afghanistan | 6.4 | N/A | N/A | N/A | 0% |
| Others | 0.4 | N/A | 4.9 | N/A | 250.0% |
| Total | 11.0 | 8.7 | 4.9 | 1.0 | -55.0% |
Top Export Markets for Cork; Natural Cork, Raw or Simply Prepared from Turkey in 2022:
- Lebanon (2.5 tons)
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