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

Contents:

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

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

The average import price for cork; natural cork, raw or simply prepareds stood at $1,072 per ton in 2022, waning by -66.9% against the previous year. In general, the import price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 70%. The import price peaked at $3,908 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Portugal.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +8.7% per year.

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

In 2022, the average export price for cork; natural cork, raw or simply prepareds amounted to $1,436 per ton, shrinking by -5.1% against the previous year. In general, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2014 when the average export price decreased by -2.7% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,889 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the Dominican Republic amounted to -6.8% per year.

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

In 2022, purchases abroad of cork; natural cork, raw or simply prepareds was finally on the rise to reach 35 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cork; natural cork, raw or simply prepareds skyrocketed to $38K in 2022. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Portugal (35.3 tons)

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

In 2022, exports of cork; natural cork, raw or simply prepareds from Colombia totaled 39 kg, almost unchanged from 2021. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 2.6% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of cork; natural cork, raw or simply prepareds shrank to $56 in 2022. In general, exports saw a abrupt shrinkage. The smallest decline of -4.8% was in 2021.

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

1. Dominican Republic (39.0 kg)

Source: IndexBox Market Intelligence Platform