Vietnam - Natural Cork Debacked Or Roughly Squared - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNatural Cork Price in Vietnam - 2021
Contents:
- Natural Cork Price in Vietnam (CIF) - 2022
- Natural Cork Price in Vietnam (FOB) - 2022
- Natural Cork Imports in Vietnam
- Natural Cork Exports in Vietnam
Natural Cork Price in Vietnam (CIF) - 2022
In 2022, the average natural cork import price amounted to $4,539 per ton, jumping by 28% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 48% against the previous year. As a result, import price attained the peak level of $9,000 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($29,990 per ton), while the price for China ($3,174 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+82.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Natural Cork Price in Vietnam (FOB) - 2022
In 2022, the average natural cork export price amounted to $10,341 per ton, jumping by 29% against the previous year. Overall, the export price posted measured growth. The pace of growth appeared the most rapid in 2017 an increase of 134%. Over the period under review, the average export prices hit record highs at $57,586 per ton in 2018; however, from 2019 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 France.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to +2.8% per year.
Natural Cork Imports in Vietnam
Natural cork imports into Vietnam skyrocketed to 1.9 tons in 2022, rising by 42% compared with the previous year's figure. In general, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 354%. As a result, imports reached the peak of 2.6 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, natural cork imports soared to $8.7K in 2022. Over the period under review, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 140%. As a result, imports reached the peak of $13K. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Natural Cork in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 4.1 | 5.3 | 3.8 | 6.8 | 18.4% |
China | 0.3 | 3.1 | 0.2 | 0.6 | 26.0% |
Taiwan (Chinese) | N/A | 0.3 | 0.2 | 0.4 | 15.5% |
Others | 0.9 | 3.9 | 0.5 | 0.9 | 0.0% |
Total | 5.2 | 12.6 | 4.8 | 8.7 | 18.7% |
Top Suppliers of Natural Cork to Vietnam in 2022:
- Portugal (1654.0 kg)
- China (187.0 kg)
- Taiwan (Chinese) (31.0 kg)
Natural Cork Exports in Vietnam
Natural cork exports from Vietnam contracted significantly to 370 kg in 2022, shrinking by -25.1% on the previous year's figure. Overall, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 98% against the previous year. As a result, the exports attained the peak of 494 kg, and then contracted markedly in the following year.
In value terms, natural cork exports fell to $3.8K in 2022. The total export value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 6.7% against the previous year. As a result, the exports reached the peak of $4K, and then shrank slightly in the following year.
Export of Natural Cork in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 3.6 | 3.0 | 0.1 | 3.8 | 1.8% |
China | N/A | 0.7 | N/A | N/A | 0% |
United Arab Emirates | N/A | N/A | 3.8 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 3.6 | 3.7 | 4.0 | 3.8 | 1.8% |
Top Export Markets for Natural Cork from Vietnam in 2022:
- France (370.0 kg)
This report provides an in-depth analysis of the natural cork market in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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 Vietnam.
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 Vietnam.
This report provides an in-depth analysis of the global natural cork market.
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