Price for Cork; Natural Cork, Raw or Simply Prepared in Oman - 2022

Contents:

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

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

In 2022, the average import price for cork; natural cork, raw or simply prepareds amounted to $2,876 per ton, dropping by -4.2% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 33%. As a result, import price reached the peak level of $3,901 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($2,876 per ton), while the price for India stood at $2,876 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.5%), while the prices for the other major suppliers experienced a decline.

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

The average export price for cork; natural cork, raw or simply prepareds stood at $2,958 per ton in 2022, surging by 21% against the previous year. In general, the export price, however, showed a abrupt downturn. Over the period under review, the average export prices hit record highs at $5,200 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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

From 2019 to 2022, the rate of growth in terms of prices for Yemen amounted to +21.3% per year.

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

After two years of decline, purchases abroad of cork; natural cork, raw or simply prepareds increased by 505% to 78 tons in 2022. In general, imports, however, saw a abrupt decrease.

In value terms, imports of cork; natural cork, raw or simply prepareds skyrocketed to $224K in 2022. Overall, imports, however, recorded a deep contraction.

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

1. India (72.3 tons)
2. United Arab Emirates (5.7 tons)

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

In 2022, exports of cork; natural cork, raw or simply prepareds from Oman skyrocketed to 2.3 tons, picking up by 2,691% compared with 2021 figures. In general, exports continue to indicate a significant 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 surged to $6.8K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Yemen (2.3 tons)

Source: IndexBox Market Intelligence Platform