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Hungary - Natural Cork Debacked Or Roughly Squared - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNatural Cork Price in Hungary - 2023
Contents:
- Natural Cork Price in Hungary (CIF) - 2022
- Natural Cork Price in Hungary (FOB) - 2022
- Natural Cork Imports in Hungary
- Natural Cork Exports in Hungary
Natural Cork Price in Hungary (CIF) - 2022
In 2022, the average natural cork import price amounted to $5,174 per ton, with a decrease of -62.7% against the previous year. In general, the import price, however, continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 an increase of 228% against the previous year. As a result, import price attained the peak level of $13,885 per ton, and then fell significantly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($4,932 per ton), while the price for China totaled $4,742 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Natural Cork Price in Hungary (FOB) - 2022
In 2022, the average natural cork export price amounted to $6,552 per ton, rising by 3.3% against the previous year. In general, the export price, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 6.2%. Over the period under review, the average export prices attained the peak figure at $13,485 per ton in 2018; however, from 2019 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 Germany.
From 2012 to 2022, the rate of growth in terms of prices for Romania amounted to +7.9% per year.
Natural Cork Imports in Hungary
In 2022, approx. 4.7 tons of natural cork debacked or roughly squared were imported into Hungary; picking up by 16% on 2021 figures. Overall, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 32%. As a result, imports reached the peak of 11 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, natural cork imports shrank significantly to $24K in 2022. In general, imports, however, recorded a sharp setback. The growth pace was the most rapid in 2021 when imports increased by 16% against the previous year.
Import of Natural Cork in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 11.6 | 40.1 | 15.9 | 16.1 | 11.5% |
China | 3.9 | 0.1 | 4.3 | 6.7 | 19.8% |
Austria | 34.2 | N/A | N/A | N/A | 0% |
France | N/A | N/A | 32.3 | N/A | 0% |
Poland | 14.4 | N/A | N/A | N/A | 0% |
Czech Republic | N/A | 6.6 | N/A | N/A | 0% |
Others | 1.0 | 1.4 | 3.3 | 1.4 | 11.9% |
Total | 65.1 | 48.2 | 55.9 | 24.2 | -28.1% |
Top Suppliers of Natural Cork to Hungary in 2022:
- Germany (3.3 tons)
- China (1.4 tons)
Natural Cork Exports in Hungary
In 2022, approx. 194 kg of natural cork debacked or roughly squared were exported from Hungary; increasing by 14% against the previous year. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -0.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 93% against the previous year. As a result, the exports attained the peak of 195 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, natural cork exports soared to $1.3K in 2022. The total export value increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 23%. As a result, the exports attained the peak of $1.3K; afterwards, it flattened through to 2022.
Export of Natural Cork in Hungary (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,010 | 1,182 | 964 | 1,271 | 8.0% |
Slovakia | N/A | N/A | 100 | N/A | 0% |
Others | 36.0 | 106 | 14.0 | N/A | -37.6% |
Total | 1,046 | 1,288 | 1,078 | 1,271 | 6.7% |
Top Export Markets for Natural Cork from Hungary in 2022:
- Germany (194.0 kg)
This report provides an in-depth analysis of the natural cork market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 16292150 - Natural cork, debacked or roughly squared, in rectangular or square blocks, plates, sheets or strips
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the natural cork market in Hungary.
This report provides an in-depth analysis of the global natural cork market.
This report provides an in-depth analysis of the natural cork market in Hungary.
This report provides an in-depth analysis of the global natural cork market.
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