Price for Cork; Natural Cork, Raw or Simply Prepared in Austria - 2023

Contents:

1. Price for Cork; Natural Cork, Raw or Simply Prepared in Austria (CIF) - 2022
2. Price for Cork; Natural Cork, Raw or Simply Prepared in Austria (FOB) - 2022
3. Imports of Cork; Natural Cork, Raw or Simply Prepared in Austria
4. Exports of Cork; Natural Cork, Raw or Simply Prepared in Austria

Price for Cork; Natural Cork, Raw or Simply Prepared in Austria (CIF) - 2022

In 2022, the average import price for cork; natural cork, raw or simply prepareds amounted to $6,574 per ton, with a decrease of -13.7% against the previous year. In general, the import price continues to indicate a abrupt descent. The growth pace was the most rapid in 2013 an increase of 24%. As a result, import price attained the peak level of $15,947 per ton. From 2014 to 2022, the average import prices remained at a 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 Spain ($11,000 per ton), while the price for India ($4,584 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 States (+1.6%), while the prices for the other major suppliers experienced a decline.

Price for Cork; Natural Cork, Raw or Simply Prepared in Austria (FOB) - 2022

In 2022, the average export price for cork; natural cork, raw or simply prepareds amounted to $2,562 per ton, shrinking by -64.5% against the previous year. Overall, the export price recorded a perceptible contraction. The pace of growth appeared the most rapid in 2016 an increase of 82% against the previous year. The export price peaked at $8,417 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($15,890 per ton), while the average price for exports to Portugal ($803 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+33.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cork; Natural Cork, Raw or Simply Prepared in Austria

Imports of cork; natural cork, raw or simply prepareds into Austria soared to 4.6 tons in 2022, growing by 44% against 2021 figures. In general, imports, however, faced a abrupt descent.

In value terms, imports of cork; natural cork, raw or simply prepareds soared to $30K in 2022. Overall, imports, however, showed a dramatic decrease.

Top Suppliers of Cork; Natural Cork, Raw or Simply Prepared to Austria in 2022:

1. Germany (3033.0 kg)
2. China (999.0 kg)
3. Portugal (294.0 kg)
4. India (262.0 kg)

Exports of Cork; Natural Cork, Raw or Simply Prepared in Austria

In 2022, overseas shipments of cork; natural cork, raw or simply prepareds increased by 189% to 1 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cork; natural cork, raw or simply prepareds amounted to $2.6K in 2022. Overall, exports, however, continue to indicate a abrupt descent.

Top Export Markets for Cork; Natural Cork, Raw or Simply Prepared from Austria in 2022:

1. Portugal (785.0 kg)
2. Slovakia (162.0 kg)
3. United States (73.0 kg)
4. Germany (6.0 kg)

Source: IndexBox Market Intelligence Platform