Price for Article of Natural Cork in Kazakhstan - 2021

Contents:

1. Price for Article of Natural Cork in Kazakhstan (CIF) - 2022
2. Price for Article of Natural Cork in Kazakhstan (FOB) - 2022
3. Imports of Article of Natural Cork in Kazakhstan
4. Exports of Article of Natural Cork in Kazakhstan

Price for Article of Natural Cork in Kazakhstan (CIF) - 2022

In 2022, the average article of natural cork import price amounted to $10,090 per ton, growing by 18% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 60% against the previous year. The import price peaked at $20,579 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($19,759 per ton), while the price for Russia ($3,688 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Article of Natural Cork in Kazakhstan (FOB) - 2022

The average article of natural cork export price stood at $31,333 per ton in 2022, surging by 316% against the previous year. Over the period under review, the export price posted a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to +7.1% per year.

Imports of Article of Natural Cork in Kazakhstan

For the fourth year in a row, Kazakhstan recorded growth in overseas purchases of articles of natural cork, which increased by 4.4% to 27 tons in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 93% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, article of natural cork imports soared to $274K in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 26%. As a result, imports reached the peak of $336K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Article of Natural Cork to Kazakhstan in 2022:

1. Portugal (22.8 tons)
2. Russia (3.3 tons)
3. Poland (0.7 tons)
4. China (0.2 tons)

Exports of Article of Natural Cork in Kazakhstan

After two years of decline, shipments abroad of articles of natural cork decreased by -85.7% to 3 kg in 2022. Over the period under review, exports showed a dramatic setback. The smallest decline of -12.5% was in 2020.

In value terms, article of natural cork exports fell dramatically to $94 in 2022. Overall, exports recorded a sharp reduction. The smallest decline of -22.9% was in 2021.

Top Export Markets for Article of Natural Cork from Kazakhstan in 2022:

1. Russia (3.0 kg)

Source: IndexBox Market Intelligence Platform