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

Contents:

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

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

In 2022, the average import price for cork; natural cork, raw or simply prepareds amounted to $7,274 per ton, falling by -2.3% against the previous year. In general, the import price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2014 an increase of 87% against the previous year. The import price peaked at $18,970 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 the United States ($8,766 per ton), while the price for Portugal stood at $4,307 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.6%).

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

The average export price for cork; natural cork, raw or simply prepareds stood at $12,472 per ton in 2022, with an increase of 9.4% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 22% against the previous year. The export price peaked at $14,375 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +0.8% per year.

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

Imports of cork; natural cork, raw or simply prepareds into Argentina surged to 3.3 tons in 2022, with an increase of 97% on the previous year. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 3,175%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of cork; natural cork, raw or simply prepareds surged to $24K in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,229%. Imports peaked in 2022 and are likely to see steady growth in the near future.

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

1. United States (2.2 tons)
2. Portugal (0.6 tons)

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

In 2022, shipments abroad of cork; natural cork, raw or simply prepareds decreased by -2.7% to 36 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 118% against the previous year. As a result, the exports reached the peak of 37 kg, and then fell in the following year.

In value terms, exports of cork; natural cork, raw or simply prepareds expanded sharply to $449 in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 92% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

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

1. Chile (36.0 kg)

Source: IndexBox Market Intelligence Platform