Germany: Natural Cork Stopper Market 2024

Natural Cork Stopper Market Size in Germany

The German natural cork stopper market fell slightly to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption recorded a mild setback. Natural cork stopper consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Natural Cork Stopper Production in Germany

In value terms, natural cork stopper production shrank slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a slight decline. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Natural Cork Stopper Exports

Exports from Germany

In 2022, shipments abroad of corks and stoppers of natural cork increased by X% to X tons, rising for the third year in a row after three years of decline. Overall, exports, however, recorded a mild reduction. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, natural cork stopper exports contracted to $X in 2022. In general, exports, however, continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

France (X tons), Canada (X tons) and Switzerland (X tons) were the main destinations of natural cork stopper exports from Germany, together comprising X% of total exports. Austria, the United States, the Netherlands, Italy, Turkey, Spain, Belgium, Denmark, the Czech Republic and Luxembourg lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Austria ($X) and Switzerland ($X) were the largest markets for natural cork stopper exported from Germany worldwide, together comprising X% of total exports. Turkey, Italy, Canada, the United States, Luxembourg, the Czech Republic, the Netherlands, Denmark, Spain and Belgium lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, the Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average natural cork stopper export price amounted to $X per ton, falling by X% against the previous year. In general, the export price saw a pronounced downturn. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Canada ($X 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 Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Cork Stopper Imports

Imports into Germany

Natural cork stopper imports into Germany contracted to X tons in 2022, which is down by X% on the previous year. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, natural cork stopper imports declined remarkably to $X in 2022. Overall, imports saw a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Portugal (X tons) constituted the largest natural cork stopper supplier to Germany, with a X% share of total imports. Moreover, natural cork stopper imports from Portugal exceeded the figures recorded by the second-largest supplier, France (X tons), eightfold. Switzerland (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Portugal amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Switzerland (X% per year).

In value terms, Portugal ($X) constituted the largest supplier of corks and stoppers of natural cork to Germany, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Switzerland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Portugal amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Switzerland (X% per year).

Import Prices by Country

In 2022, the average natural cork stopper import price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, natural cork stopper import price decreased by X% against 2020 indices. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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