Report Update: May 1, 2024

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

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Waste Cork Price in Russia - 2021

Waste Cork Price in Russia (CIF) - 2022

The average waste cork import price stood at $2,037 per ton in 2022, waning by -6% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 28% against the previous year. As a result, import price reached the peak level of $2,693 per ton. From 2014 to 2022, the average import prices remained at a somewhat 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 Estonia ($3,926 per ton), while the price for the UK ($831 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+21.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Waste Cork Price in Russia (FOB) - 2022

The average waste cork export price stood at $6,504 per ton in 2022, surging by 2.1% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 86% against the previous year. As a result, the export price reached the peak level of $7,934 per ton. From 2017 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 Kazakhstan ($12,291 per ton), while the average price for exports to Belarus ($4,312 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 Azerbaijan (+84.3%), while the prices for the other major destinations experienced mixed trend patterns.

Waste Cork Imports in Russia

Waste cork imports into Russia expanded significantly to 140 tons in 2022, increasing by 11% against 2021 figures. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -8.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 77%. As a result, imports reached the peak of 152 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, waste cork imports reached $284K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.4% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 76%. As a result, imports reached the peak of $297K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Waste Cork in Russia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Portugal	115	256	246	59.7	-19.6%
Estonia	N/A	N/A	N/A	34.6	0%
Italy	10.7	26.8	N/A	27.8	37.5%
China	9.2	N/A	0.5	20.0	29.5%
Poland	1.3	N/A	N/A	4.6	52.4%
United Kingdom	1.5	2.3	N/A	4.6	45.3%
Finland	N/A	N/A	3.3	3.4	3.0%
Others	31.8	12.2	22.1	130	59.9%
Total	169	297	271	284	18.9%

Top Suppliers of Waste Cork to Russia in 2022:

Portugal (38.6 tons)
Italy (23.5 tons)
Estonia (8.8 tons)
China (6.5 tons)
United Kingdom (5.5 tons)
Poland (4.9 tons)
Finland (1.5 tons)

Waste Cork Exports in Russia

In 2022, overseas shipments of waste cork, crushed, granulated or ground cork decreased by -17% to 925 kg, falling for the second year in a row after two years of growth. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 324%. As a result, the exports reached the peak of 1.2 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, waste cork exports reduced dramatically to $6K in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 139% against the previous year.

Export of Waste Cork in Russia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belarus	1.5	2.4	5.1	2.8	23.1%
Kazakhstan	0.5	2.0	2.0	1.1	30.1%
Portugal	N/A	N/A	N/A	1.0	0%
Kyrgyzstan	N/A	0.5	N/A	N/A	0%
Others	N/A	N/A	N/A	1.0	0%
Total	2.1	4.9	7.1	6.0	41.9%

Top Export Markets for Waste Cork from Russia in 2022:

Belarus (659.0 kg)
Kazakhstan (91.0 kg)
Portugal (88.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the waste cork market in the Russian Federation. 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:

Russia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Russian Federation
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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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