Price for Article of Natural Cork in India - 2023
Contents:
- Price for Article of Natural Cork in India (CIF) - 2022
- Price for Article of Natural Cork in India (FOB) - 2022
- Imports of Article of Natural Cork in India
- Exports of Article of Natural Cork in India
Price for Article of Natural Cork in India (CIF) - 2022
In 2022, the average article of natural cork import price amounted to $14,716 per ton, increasing by 4.1% against the previous year. Overall, the import price recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 65% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($30,849 per ton), while the price for the United Arab Emirates ($6,577 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Article of Natural Cork in India (FOB) - 2022
In 2022, the average article of natural cork export price amounted to $14,502 per ton, dropping by -2.1% against the previous year. Overall, the export price, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 173% against the previous year. Over the period under review, the average export prices reached the peak figure at $18,754 per ton in 2020; however, from 2021 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 the Netherlands ($69,969 per ton), while the average price for exports to Bangladesh ($3,583 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 the Netherlands (+70.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Article of Natural Cork in India
In 2022, approx. 112 tons of articles of natural cork were imported into India; picking up by 163% against 2021 figures. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, article of natural cork imports soared to $1.7M in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 252% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Article of Natural Cork in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 59.1 | 45.9 | 282 | 787 | 137.0% |
| China | 42.7 | 25.2 | 98.1 | 274 | 85.8% |
| United Arab Emirates | 68.9 | 75.1 | 95.0 | 267 | 57.1% |
| Italy | 1.7 | 0.3 | 76.9 | 215 | 402.0% |
| United Kingdom | 11.9 | 20.6 | 31.1 | 86.7 | 93.9% |
| Others | 25.6 | 4.7 | 21.8 | 23.3 | -3.1% |
| Total | 210 | 172 | 605 | 1,653 | 98.9% |
Top Suppliers of Article of Natural Cork to India in 2022:
- United Arab Emirates (40.6 tons)
- China (32.7 tons)
- Portugal (25.5 tons)
- Italy (7.8 tons)
- United Kingdom (4.6 tons)
Exports of Article of Natural Cork in India
Article of natural cork exports from India declined significantly to 9.1 tons in 2022, with a decrease of -36.9% compared with the previous year. In general, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 53%.
In value terms, article of natural cork exports contracted dramatically to $132K in 2022. Overall, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year.
| Export of Article of Natural Cork in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 145 | 62.6 | 26.9 | 53.3 | -28.4% |
| United States | 43.5 | 46.6 | 37.5 | 23.6 | -18.4% |
| Australia | 4.3 | 26.4 | 28.0 | 10.1 | 32.9% |
| Oman | 21.1 | 11.8 | 11.0 | 9.0 | -24.7% |
| Bangladesh | 0.1 | N/A | 19.8 | 7.1 | 314.1% |
| Turkey | 4.3 | 5.9 | 16.0 | 5.8 | 10.5% |
| Germany | N/A | 0.2 | 10.6 | 3.8 | 335.9% |
| Others | 17.8 | 22.4 | 63.4 | 18.9 | 2.0% |
| Total | 236 | 176 | 213 | 132 | -17.6% |
Top Export Markets for Article of Natural Cork from India in 2022:
- United Arab Emirates (4.2 tons)
- Bangladesh (2.0 tons)
- Oman (1.3 tons)
- United States (0.3 tons)
- Germany (0.3 tons)
- Turkey (0.2 tons)
- Australia (0.2 tons)
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In 2016, approx. X tons of natural cork were imported worldwide- lowering by -X% against the previous year level. In general, natural cork imports continue to indicate a relatively flat trend pa...
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In 2016, the amount of natural cork exported worldwide amounted to X tons, growing by X% against the previous year figure. Overall, natural cork exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rap
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Portugal dominates in the global natural and agglomerated cork article trade. In 2014, Portugal exported X thousand tons of natural and agglomerated cork articles totaling X billion USD, X% over the previous year. Its primary trading partner was
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In 2016, approx. X tons of natural cork were imported worldwide- lowering by -X% against the previous year level. In general, natural cork imports continue to indicate a relatively flat trend pa...
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In 2016, the amount of natural cork exported worldwide amounted to X tons, growing by X% against the previous year figure. Overall, natural cork exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rap
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