Report Update: May 1, 2024

Lithuania - Corks And Stoppers Of Natural Cork - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Natural Cork Stopper Price in Lithuania - 2023

Natural Cork Stopper Price in Lithuania (FOB) - 2022

The average natural cork stopper export price stood at $31,996 per ton in 2022, waning by -12.7% against the previous year. In general, the export price, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2019 an increase of 160% against the previous year. As a result, the export price reached the peak level of $37,126 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($45,083 per ton), while the average price for exports to Russia ($19,544 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 Kazakhstan (+27.2%), while the prices for the other major destinations experienced mixed trend patterns.

Natural Cork Stopper Price in Lithuania (CIF) - 2022

The average natural cork stopper import price stood at $45,166 per ton in 2022, with a decrease of -47.1% against the previous year. Over the period under review, the import price, however, showed buoyant growth. The growth pace was the most rapid in 2021 an increase of 182%. As a result, import price reached the peak level of $85,371 per ton, and then declined notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($85,880 per ton), while the price for Belgium ($11,037 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+39.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Natural Cork Stopper Exports in Lithuania

In 2022, approx. 5.2 tons of corks and stoppers of natural cork were exported from Lithuania; picking up by 67% on the year before. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 719%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, natural cork stopper exports skyrocketed to $165K in 2022. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 1,512% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Natural Cork Stopper in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belarus	N/A	0.1	N/A	121	3378.5%
Russia	38.4	6.7	55.6	43.0	3.8%
Georgia	N/A	N/A	55.2	N/A	0%
Others	0.7	0.2	2.4	0.7	0.0%
Total	39.0	7.0	113	165	61.7%

Top Export Markets for Natural Cork Stopper from Lithuania in 2022:

Belarus (2.9 tons)
Russia (2.2 tons)

Natural Cork Stopper Imports in Lithuania

For the third year in a row, Lithuania recorded decline in supplies from abroad of corks and stoppers of natural cork, which decreased by -24.1% to 661 kg in 2022. Overall, imports continue to indicate a significant decrease. The smallest decline of -4.1% was in 2021.

In value terms, natural cork stopper imports declined significantly to $30K in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 170%. As a result, imports attained the peak of $74K, and then fell remarkably in the following year.

Import of Natural Cork Stopper in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	21.4	13.8	26.9	18.6	-4.6%
Poland	2.3	1.8	4.6	6.3	39.9%
China	N/A	N/A	N/A	1.9	0%
Netherlands	N/A	2.3	0.1	1.7	-14.0%
Belgium	0.7	0.7	0.3	0.6	-5.0%
Germany	1.6	0.3	0.1	0.3	-42.8%
Latvia	1.9	2.3	0.7	0.1	-62.5%
France	N/A	N/A	41.4	N/A	0%
Portugal	N/A	2.7	N/A	N/A	0%
Others	1.6	3.5	0.3	0.3	-42.8%
Total	29.4	27.5	74.4	29.9	0.6%

Top Suppliers of Natural Cork Stopper to Lithuania in 2022:

Sweden (216.0 kg)
China (159.0 kg)
Poland (138.0 kg)
Netherlands (58.0 kg)
Belgium (54.0 kg)
Germany (22.0 kg)
Latvia (4.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the natural cork stopper market in Lithuania. 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 16292250 - Corks and stoppers of natural cork

Country coverage:

Lithuania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Lithuania
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023