China - Waste Cork, Crushed, Granulated Or Ground Cork - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

China - Waste Cork, Crushed, Granulated Or Ground Cork - Market Analysis, Forecast, Size, Trends And Insights

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Waste Cork Price in China - 2023

Contents:

  1. Waste Cork Price in China (CIF) - 2022
  2. Waste Cork Price in China (FOB) - 2023
  3. Waste Cork Imports in China
  4. Waste Cork Exports in China

Waste Cork Price in China (CIF) - 2022

In 2022, the average waste cork import price amounted to $1,005 per ton, remaining stable against the previous year. In general, the import price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 50%. The import price peaked at $2,334 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Portugal ($5,009 per ton), while the price for Algeria ($890 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+29.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Waste Cork Price in China (FOB) - 2023

The average waste cork export price stood at $1,362 per ton in June 2023, dropping by -7.3% against the previous month. Over the period under review, the export price showed a perceptible reduction. The most prominent rate of growth was recorded in July 2022 an increase of 433% against the previous month. As a result, the export price attained the peak level of $12,922 per ton. From August 2022 to June 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Vietnam ($3,360 per ton), while the average price for exports to Portugal ($1,192 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Waste Cork Imports in China

Waste cork imports into China reduced markedly to 1.5K tons in 2022, which is down by -53% compared with 2021 figures. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 150%. As a result, imports attained the peak of 3.2K tons, and then fell markedly in the following year.

In value terms, waste cork imports plummeted to $1.5M in 2022. Overall, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 129% against the previous year. As a result, imports attained the peak of $3.2M, and then shrank markedly in the following year.

Import of Waste Cork in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Algeria1,7571,1903,0621,277-10.1%
Portugal19484.20.784.4-24.2%
Germany31.315.352.870.631.1%
Others11390.044.874.3-13.0%
Total2,0951,3803,1601,507-10.4%

Top Suppliers of Waste Cork to China in 2022:

  1. Algeria (1435.1 tons)
  2. Germany (24.2 tons)
  3. Portugal (16.9 tons)

Waste Cork Exports in China

In 2022, waste cork exports from China totaled 453 tons, surging by 10% on 2021 figures. In general, exports posted modest growth. The most prominent rate of growth was recorded in 2021 when exports increased by 121%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, waste cork exports reduced to $1.5M in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 344% against the previous year. As a result, the exports reached the peak of $1.6M, and then reduced in the following year.

Export of Waste Cork in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan17.531.5828702242.3%
Japan31.145.9205249100.1%
South Korea55.951.724521055.5%
Vietnam227183265130-17.0%
PortugalN/AN/AN/A99.90%
ItalyN/AN/AN/A59.10%
Taiwan (Chinese)30.627.734.019.7-13.7%
India100N/AN/AN/A0%
Others49.128.657.769.212.1%
Total5113681,6351,53944.4%

Top Export Markets for Waste Cork from China in 2022:

  1. South Korea (94.4 tons)
  2. Vietnam (67.7 tons)
  3. Pakistan (67.2 tons)
  4. Portugal (66.2 tons)
  5. Italy (55.8 tons)
  6. Japan (51.6 tons)
  7. Taiwan (Chinese) (22.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the waste cork market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 16292130 - Waste cork, crushed, granulated or ground cork (excluding natural cork raw or simply prepared)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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