Asia: Agglomerated Cork Stopper Market 2020

Agglomerated Cork Stopper Market Size in Asia

The revenue of the agglomerated cork stopper market in Asia amounted to $X in 2017, growing by X% against the previous year. The total market indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the agglomerated cork stopper consumption decreased by -X% against 2015 indices. The growth pace was the most rapid in 2011, with an increase of X% y-o-y. The level of agglomerated cork stopper consumption peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Agglomerated Cork Stopper Production in Asia

The agglomerated cork stopper production totaled X tons in 2017, remaining relatively unchanged against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2016, with an increase of X% against the previous year. Over the period under review, the agglomerated cork stopper production reached its maximum volume in 2017, and is expected to retain its growth in the near future.

Agglomerated Cork Stopper Exports in Asia

In 2017, approx. X tons of corks and stoppers of agglomerated cork for sparkling wine were exported in Asia; jumping by X% against the previous year. The agglomerated cork stopper exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, when it surged by X% year-to-year. Over the period under review, the agglomerated cork stopper exports reached its peak figure volume in 2017, and are likely to see steady growth in the near future.

In value terms, agglomerated cork stopper exports totaled $X in 2017. The total exports indicated a noticeable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the agglomerated cork stopper exports increased by +X% against 2015 indices. The level of exports peaked in 2017, and are expected to retain its growth in the immediate term.

Agglomerated Cork Stopper Exports by Country in Asia

China prevails in agglomerated cork stopper exports structure, resulting at X tons, which was near X% of total exports in 2017. It was distantly followed by India (X tons), committing X% share of total exports. Japan (X tons), Vietnam (X tons) and China, Hong Kong SAR (X tons) followed a long way behind the leaders.

China experienced a relatively flat trend pattern of corks and stoppers of agglomerated cork for sparkling wine exports. At the same time, Vietnam (+X%), Japan (+X%) and India (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. India (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest agglomerated cork stopper supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by India ($X), with a X% share of global exports. It was followed by Japan, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: India (+X% per year) and Japan (+X% per year).

Agglomerated Cork Stopper Export Prices by Country in Asia

In 2017, the agglomerated cork stopper export price in Asia amounted to $X per ton, going up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when the export prices increased by X% y-o-y. Over the period under review, the export prices for corks and stoppers of agglomerated cork for sparkling wine attained its peak figure level of $X per ton in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Japan ($X per ton), while China, Hong Kong SAR ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

Agglomerated Cork Stopper Imports in Asia

The imports amounted to X tons in 2017, jumping by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2010, with an increase of X% y-o-y. The volume of imports peaked of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, agglomerated cork stopper imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The level of imports peaked in 2017, and are expected to retain its growth in the immediate term.

Agglomerated Cork Stopper Imports by Country in Asia

China represented the major importing country with an import of around X tons, which resulted at X% of total imports. Japan (X tons) occupied the second position in the ranking, distantly followed by South Korea (X tons). All these countries together occupied near X% share of total imports. The United Arab Emirates (X tons), Georgia (X tons), Armenia (X tons), Turkey (X tons), Qatar (X tons), Saudi Arabia (X tons), Indonesia (X tons), Israel (X tons) and Iran (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to agglomerated cork stopper imports into China stood at +X%. At the same time, Armenia (+X%), Georgia (+X%), Qatar (+X%), South Korea (+X%), Saudi Arabia (+X%), Indonesia (+X%), the United Arab Emirates (+X%) and Iran (+X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. Israel experienced a relatively flat trend pattern. By contrast, Japan (-X%) and Turkey (-X%) illustrated a downward trend over the same period. While the share of Turkey (X%) and Japan (X%) increased significantly in terms of the global imports from 2007-2017, the share of the United Arab Emirates (-X%), Qatar (-X%), Georgia (-X%), Armenia (-X%), South Korea (-X%) and China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported corks and stoppers of agglomerated cork for sparkling wine in Asia, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Georgia, with a X% share.

In China, agglomerated cork stopper imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Japan (-X% per year) and Georgia (+X% per year).

Agglomerated Cork Stopper Import Prices by Country in Asia

In 2017, the agglomerated cork stopper import price in Asia amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2015, when it surged by X% y-o-y. Over the period under review, the import prices for corks and stoppers of agglomerated cork for sparkling wine reached its peak figure level in 2017, and is likely to continue its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Georgia ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Israel (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform