Hungary - Waste Cork, Crushed, Granulated Or Ground Cork - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWaste Cork Price in Hungary - 2023
Contents:
- Waste Cork Price in Hungary (CIF) - 2022
- Waste Cork Price in Hungary (FOB) - 2022
- Waste Cork Imports in Hungary
- Waste Cork Exports in Hungary
Waste Cork Price in Hungary (CIF) - 2022
In 2022, the average waste cork import price amounted to $5,633 per ton, increasing by 21% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, waste cork import price increased by +41.3% against 2020 indices. The growth pace was the most rapid in 2016 when the average import price increased by 23%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
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 the United States ($12,771 per ton), while the price for Italy ($2,114 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Waste Cork Price in Hungary (FOB) - 2022
In 2022, the average waste cork export price amounted to $3,825 per ton, leveling off at the previous year. Overall, the export price continues to indicate a slight setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 51% against the previous year. As a result, the export price attained the peak level of $7,011 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($10,404 per ton), while the average price for exports to Jordan ($135 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 the Netherlands (-0.6%), while the prices for the other major destinations experienced a decline.
Waste Cork Imports in Hungary
In 2022, purchases abroad of waste cork, crushed, granulated or ground cork decreased by -4% to 10 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 137% against the previous year. As a result, imports attained the peak of 24 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, waste cork imports skyrocketed to $56K in 2022. In general, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by 97% against the previous year. As a result, imports attained the peak of $95K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Waste Cork in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 14.4 | 12.9 | 11.8 | 18.7 | 9.1% |
| Portugal | 10.2 | 65.4 | 20.2 | 13.0 | 8.4% |
| Austria | 3.5 | 4.0 | 5.3 | 6.5 | 22.9% |
| United States | 7.8 | 3.4 | 8.6 | 5.9 | -8.9% |
| Belgium | 8.2 | N/A | N/A | 4.6 | -17.5% |
| Italy | 1.2 | N/A | N/A | 4.2 | 51.8% |
| China | N/A | 8.7 | N/A | 0.4 | -78.6% |
| Others | 2.8 | 0.4 | 2.7 | 2.9 | 1.2% |
| Total | 48.1 | 94.8 | 48.6 | 56.2 | 5.3% |
Top Suppliers of Waste Cork to Hungary in 2022:
- China (undefined tons)
- Portugal (2.7 tons)
- France (2.4 tons)
- Italy (2.0 tons)
- Belgium (1.2 tons)
- Austria (0.9 tons)
- United States (0.5 tons)
Waste Cork Exports in Hungary
In 2022, approx. 40 kg of waste cork, crushed, granulated or ground cork were exported from Hungary; approximately mirroring 2021. Over the period under review, exports showed a precipitous contraction. The smallest decline of -71.5% was in 2020.
In value terms, waste cork exports surged to $153 in 2022. Overall, exports showed a dramatic descent.
| Export of Waste Cork in Hungary (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 50.0 | N/A | N/A | 110 | 30.1% |
| Germany | 164 | 296 | N/A | 24.0 | -47.3% |
| France | 55.0 | N/A | N/A | 7.0 | -49.7% |
| Romania | 58.0 | N/A | N/A | 6.0 | -53.1% |
| Czech Republic | 30.0 | N/A | N/A | 2.0 | -59.5% |
| United Arab Emirates | N/A | N/A | N/A | 2.0 | 0% |
| Jordan | 322 | N/A | N/A | 1.0 | -85.4% |
| Iran | 718 | N/A | N/A | N/A | 0% |
| Others | 7.0 | N/A | 10.0 | 1.0 | -47.7% |
| Total | 1,404 | 296 | 10.0 | 153 | -52.2% |
Top Export Markets for Waste Cork from Hungary in 2022:
- Netherlands (11.0 kg)
- Germany (10.0 kg)
- Jordan (9.0 kg)
- United Arab Emirates (7.0 kg)
- France (2.0 kg)
- Romania (1.0 kg)
- Czech Republic (1.0 kg)
This report provides an in-depth analysis of the waste cork market in Hungary. 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:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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