Eastern Asia: Agglomerated Cork Stopper Market 2020

Agglomerated Cork Stopper Market Size in Eastern Asia

The revenue of the agglomerated cork stopper market in Eastern Asia amounted to $X in 2017, growing by X% against the previous year. The total market indicated a prominent 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 consumption decreased by -X% against 2015 indices. The pace of growth was the most pronounced 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 Eastern Asia

In 2017, approx. X tons of corks and stoppers of agglomerated cork for sparkling wine were produced in Eastern Asia; increasing by X% 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 somewhat noticeable fluctuations being recorded in certain years. 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 attained its peak figure volume in 2017, and is likely to continue its growth in the near future.

Agglomerated Cork Stopper Exports in Eastern Asia

In 2017, approx. X tons of corks and stoppers of agglomerated cork for sparkling wine were exported in Eastern Asia; standing approx. at the previous year. The agglomerated cork stopper exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when it surged by X% y-o-y. Over the period under review, the agglomerated cork stopper exports reached its maximum volume in 2017, and are likely to continue its growth in the near future.

In value terms, agglomerated cork stopper exports totaled $X in 2017. The total exports indicated a perceptible increase 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. Over the period under review, the agglomerated cork stopper exports reached its maximum level in 2017, and are likely to continue its growth in the near future.

Agglomerated Cork Stopper Exports by Country in Eastern Asia

China dominates agglomerated cork stopper exports structure, amounting to X tons, which was approx. X% of total exports in 2017. It was distantly followed by Japan (X tons), constituting X% share of total exports. 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, Japan (+X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest growing exporter in Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China, Hong Kong SAR (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, agglomerated cork stopper exports increased 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 China, Hong Kong SAR (-X% per year).

Agglomerated Cork Stopper Export Prices by Country in Eastern Asia

The agglomerated cork stopper export price in Eastern Asia stood at $X per ton in 2017, jumping by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011, when it surged by X% year-to-year. Over the period under review, the export prices for corks and stoppers of agglomerated cork for sparkling wine attained its maximum level of $X per ton in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; 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 China (+X% per year), while the other leaders experienced a decline in the export price figures.

Agglomerated Cork Stopper Imports in Eastern Asia

In 2017, approx. X tons of corks and stoppers of agglomerated cork for sparkling wine were imported in Eastern Asia; picking up by X% against the previous year. The total imports indicated a noticeable increase from 2007 to 2017: its volume 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 imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2010, when imports increased by X% y-o-y. Over the period under review, the agglomerated cork stopper imports attained its maximum volume of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, agglomerated cork stopper imports amounted to $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 likely to continue its growth in the immediate term.

Agglomerated Cork Stopper Imports by Country in Eastern Asia

In 2017, China (X tons) represented the main importer for corks and stoppers of agglomerated cork for sparkling wine, making up X% of total imports. It was distantly followed by Japan (X tons) and South Korea (X tons), together committing X% share of total imports. The following importers - Taiwan, Chinese (X tons) and China, Hong Kong SAR (X tons) each accounted for a X% share of total imports.

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, South Korea (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest growing importer in Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Japan (-X%), China, Hong Kong SAR (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Japan, Taiwan, Chinese and China, Hong Kong SAR increased by X%, X% and X% percentage points, while South Korea (-X%) and China (-X%) saw their share reduced.

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

In China, agglomerated cork stopper imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-X% per year) and South Korea (+X% per year).

Agglomerated Cork Stopper Import Prices by Country in Eastern Asia

In 2017, the agglomerated cork stopper import price in Eastern Asia amounted to $X per ton, dropping by -X% against the previous year. The agglomerated cork stopper import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid 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 maximum level of $X per ton in 2016, and then declined slightly in the following year.

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

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

Source: IndexBox Platform