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United Kingdom - Articles Of Natural Cork And Agglomerated Cork - Market Analysis, Forecast, Size, Trends and Insights
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United Kingdom: Natural Cork Market Overview 2021

Natural Cork Market Size in the UK

In 2020, the UK natural cork market decreased by -X% to $X for the first time since 2016, thus ending a three-year rising trend. Overall, consumption continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2010 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Natural Cork Production in the UK

In value terms, natural cork production declined to $X in 2020 estimated in export prices. In general, production saw a abrupt setback. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. As a result, production attained the peak level of $X. from 2009 to 2020, production growth remained at a somewhat lower figure.

Natural Cork Exports

Exports from the UK

In 2020, shipments abroad of articles of natural cork and agglomerated cork decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. Overall, exports recorded a deep downturn. The growth pace was the most rapid in 2011 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, natural cork exports soared to $X in 2020. Over the period under review, exports saw a noticeable reduction. The growth pace was the most rapid in 2009 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. from 2010 to 2020, the growth exports remained at a lower figure.

Exports by Country

Ireland (X tonnes), Germany (X tonnes) and France (X tonnes) were the main destinations of natural cork exports from the UK, together accounting for X% of total exports. South Africa, China, Malaysia, Australia, the Netherlands, Italy, Poland, Norway, Portugal and the United Arab Emirates lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for natural cork exported from the UK were Italy ($X), Ireland ($X) and Germany ($X), with a combined X% share of total exports. These countries were followed by Malaysia, Poland, France, the Netherlands, Australia, Portugal, South Africa, China, Norway and the United Arab Emirates, which together accounted for a further X the main countries of destination, China recorded 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 2020, the average natural cork export price amounted to $X per tonne, increasing by X% against the previous year. In general, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. from 2011 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per tonne), while the average price for exports to China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Australia, while the prices for the other major destinations experienced more modest paces of growth.

Natural Cork Imports

Imports into the UK

After two years of growth, supplies from abroad of articles of natural cork and agglomerated cork decreased by -X% to X tonnes in 2020. Overall, imports continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tonnes in 2008; however, from 2009 to 2020, imports remained at a lower figure.

In value terms, natural cork imports reduced markedly to $X in 2020. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Imports peaked at $X in 2019, and then plummeted in the following year.

Imports by Country

Portugal (X tonnes), China (X tonnes) and Germany (X tonnes) were the main suppliers of natural cork imports to the UK, with a combined X% share of total imports. France, Italy and Spain lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France, while imports for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X) constituted the largest supplier of natural cork to the UK, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Portugal was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and France (+X% per year).

Import Prices by Country

In 2020, the average natural cork import price amounted to $X per tonne, falling by -X% against the previous year. In general, the import price, however, showed a pronounced increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per tonne. from 2018 to 2020, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was France ($X per tonne), while the price for Germany ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for articles of natural cork and agglomerated cork in the world?
+
The countries with the highest volumes of natural cork consumption in 2020 were Egypt (444K tonnes), China (277K tonnes) and the U.S. (161K tonnes), together accounting for 44% of global consumption. These countries were followed by Russia, Pakistan, Brazil, Indonesia, Bangladesh, Italy, Mexico, Nigeria, France and Ethiopia, which together accounted for a further 20%.
What are the largest producers of articles of natural cork and agglomerated cork in the world?
+
The countries with the highest volumes of natural cork production in 2020 were Egypt (444K tonnes), China (283K tonnes) and the U.S. (142K tonnes), together comprising 43% of global production. Portugal, Russia, Pakistan, Brazil, Indonesia, Bangladesh, Mexico, Nigeria and Ethiopia lagged somewhat behind, together comprising a further 23%.
What are the leading suppliers of articles of natural cork and agglomerated cork to the UK?
+
In value terms, Portugal ($19M) constituted the largest supplier of natural cork to the UK, comprising 70% of total imports. The second position in the ranking was occupied by China ($3.2M), with a 12% share of total imports. It was followed by France, with a 9.1% share.
What are the leading importers of articles of natural cork and agglomerated cork from the UK?
+
In value terms, Italy ($607K), Ireland ($597K) and Germany ($446K) were the largest markets for natural cork exported from the UK worldwide, with a combined 29% share of total exports. These countries were followed by Malaysia, Poland, France, the Netherlands, Australia, Portugal, South Africa, China, Norway and the United Arab Emirates, which together accounted for a further 45%.
What is the average export price for articles of natural cork and agglomerated cork in the UK?
+
The average natural cork export price stood at $12,732 per tonne in 2020, surging by 41% against the previous year.
What is the average import price for articles of natural cork and agglomerated cork in the UK?
+
The average natural cork import price stood at $10,016 per tonne in 2020, reducing by -6.9% against the previous year.

Product coverage:
• Prodcom 16292250 - Corks and stoppers of natural cork
• Prodcom 16292290 - Articles of natural cork, others
• Prodcom 16292320 - Corks and stoppers, of agglomerated cork, for sparkling wine v.q.p.r.d. (including those with discs of natural cork)
• Prodcom 16292350 - Corks and stoppers, of agglomerated cork, for wine (excluding for sparkling wine v.q.p.r.d.)
• Prodcom 16292380 - Agglomerated cork - blocks, plates, sheets and strip, tiles of any shape, solid cylinders or discs including agglomerated expanded cork or burnt cork (excluding corks and stoppers)
• Prodcom 16292400 - Agglomerated cork, other articles of agglomerated cork, n.e.c.

This report provides an in-depth analysis of the natural cork market in the UK. 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 2025.


Country coverage:
• United Kingdom

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the UK
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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