U.S. - Waste Cork, Crushed, Granulated Or Ground Cork - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWaste Cork Price in the United States - 2023
Contents:
- Waste Cork Price in the United States (CIF) - 2023
- Waste Cork Price in the United States (FOB) - 2022
- Waste Cork Imports in the United States
- Waste Cork Exports in the United States
Waste Cork Price in the United States (CIF) - 2023
In August 2023, the average waste cork import price amounted to $1,080 per ton, picking up by 18% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average import price increased by 43% against the previous month. Over the period under review, average import prices hit record highs at $1,275 per ton in March 2023; however, from April 2023 to August 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Portugal.
From August 2022 to August 2023, the rate of growth in terms of prices for Portugal amounted to +0.4% per month.
Waste Cork Price in the United States (FOB) - 2022
In 2022, the average waste cork export price amounted to $2,064 per ton, declining by -43.8% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 332% against the previous year. As a result, the export price reached the peak level of $7,301 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($3,080 per ton), while the average price for exports to France ($290 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 China (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.
Waste Cork Imports in the United States
In 2022, overseas purchases of waste cork, crushed, granulated or ground cork decreased by -5.1% to 3.9K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 23% against the previous year.
In value terms, waste cork imports fell to $3.7M in 2022. In general, imports continue to indicate a noticeable decline. The pace of growth appeared the most rapid in 2020 when imports increased by 1.9% against the previous year. As a result, imports attained the peak of $4.1M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Waste Cork in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 3.8 | 3.9 | 3.8 | 3.6 | -1.8% |
| Others | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| Total | 4.0 | 4.1 | 3.9 | 3.7 | -2.6% |
Top Suppliers of Waste Cork to the United States in 2022:
- Portugal (3.8K tons)
Waste Cork Exports in the United States
In 2022, waste cork exports from the United States surged to 168 tons, rising by 147% compared with the year before. Over the period under review, exports posted a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, waste cork exports soared to $347K in 2022. In general, exports, however, showed a abrupt decline.
| Export of Waste Cork in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | N/A | N/A | 111 | 116 | 4.5% |
| Costa Rica | 45.3 | 15.0 | 46.8 | 88.7 | 25.1% |
| China | 7.8 | N/A | N/A | 34.0 | 63.4% |
| Colombia | 85.2 | 26.7 | 16.0 | 27.1 | -31.7% |
| Brazil | 194 | 23.3 | 36.1 | 18.7 | -54.1% |
| Portugal | 57.8 | 37.9 | 4.4 | 16.1 | -34.7% |
| France | N/A | N/A | N/A | 4.0 | 0% |
| Suriname | N/A | N/A | N/A | 2.6 | 0% |
| Germany | N/A | 19.5 | N/A | N/A | 0% |
| Cayman Islands | N/A | 28.8 | N/A | N/A | 0% |
| Netherlands | N/A | 10.8 | N/A | N/A | 0% |
| Others | 45.9 | 36.9 | 36.1 | 39.6 | -4.8% |
| Total | 436 | 199 | 250 | 347 | -7.3% |
Top Export Markets for Waste Cork from the United States in 2022:
- Mexico (53.0 tons)
- Portugal (30.2 tons)
- Costa Rica (28.8 tons)
- China (14.5 tons)
- France (13.7 tons)
- Colombia (10.5 tons)
- Suriname (9.1 tons)
- Brazil (1.7 tons)
This report provides an in-depth analysis of the waste cork market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
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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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