Price for Article of Natural Cork in Belgium - 2023
Contents:
- Price for Article of Natural Cork in Belgium (CIF) - 2022
- Price for Article of Natural Cork in Belgium (FOB) - 2022
- Imports of Article of Natural Cork in Belgium
- Exports of Article of Natural Cork in Belgium
Price for Article of Natural Cork in Belgium (CIF) - 2022
In 2022, the average article of natural cork import price amounted to $8,210 per ton, picking up by 21% against the previous year. Over the period under review, the import price, however, continues to indicate a slight decline. The pace of growth was the most pronounced in 2017 when the average import price increased by 44% against the previous year. As a result, import price reached the peak level of $9,853 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
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 France ($22,279 per ton), while the price for Syrian Arab Republic ($1,056 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Article of Natural Cork in Belgium (FOB) - 2022
In 2022, the average article of natural cork export price amounted to $12,564 per ton, with an increase of 23% against the previous year. Overall, the export price, however, continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2014 when the average export price increased by 42% against the previous year. As a result, the export price reached the peak level of $26,112 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($23,601 per ton), while the average price for exports to Lithuania ($1,686 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Article of Natural Cork in Belgium
After three years of growth, supplies from abroad of articles of natural cork decreased by -24.2% to 107 tons in 2022. Over the period under review, imports recorded a slight curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 16%.
In value terms, article of natural cork imports reduced to $881K in 2022. The total import value increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 36% against the previous year. As a result, imports reached the peak of $967K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Article of Natural Cork in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 341 | 272 | 217 | 530 | 15.8% |
| China | 26.4 | 85.8 | 49.5 | 146 | 76.8% |
| Netherlands | 256 | 155 | 308 | 54.5 | -40.3% |
| United States | 38.4 | 50.1 | 51.4 | 39.2 | 0.7% |
| Germany | 9.9 | 57.6 | 197 | 25.3 | 36.7% |
| Spain | 10.1 | 108 | 76.4 | 22.2 | 30.0% |
| Syrian Arab Republic | N/A | N/A | N/A | 3.8 | 0% |
| Poland | N/A | 184 | 1.9 | 3.1 | -87.0% |
| Others | 27.7 | 53.7 | 59.4 | 57.8 | 27.8% |
| Total | 710 | 967 | 960 | 881 | 7.5% |
Top Suppliers of Article of Natural Cork to Belgium in 2022:
- Portugal (53.4 tons)
- China (18.2 tons)
- Netherlands (17.4 tons)
- Germany (6.3 tons)
- Syrian Arab Republic (3.6 tons)
- United States (2.9 tons)
- Spain (2.2 tons)
- Poland (0.1 tons)
Exports of Article of Natural Cork in Belgium
In 2022, approx. 61 tons of articles of natural cork were exported from Belgium; rising by 94% on the previous year. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, article of natural cork exports soared to $763K in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Article of Natural Cork in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 229 | 178 | 59.8 | 243 | 2.0% |
| United Kingdom | 2.5 | 2.0 | 13.2 | 193 | 325.8% |
| Germany | 4.9 | 4.6 | 4.0 | 74.6 | 147.8% |
| Netherlands | 38.5 | 50.0 | 33.0 | 54.0 | 11.9% |
| Norway | 5.0 | 26.1 | 25.6 | 32.7 | 87.0% |
| Italy | 11.4 | 8.5 | 16.8 | 20.9 | 22.4% |
| Spain | 21.5 | 6.1 | 5.5 | 20.3 | -1.9% |
| Poland | 1.6 | 0.5 | 0.5 | 19.7 | 130.9% |
| Lithuania | 0.9 | 2.0 | 1.6 | 1.6 | 21.1% |
| Others | 60.6 | 114 | 160 | 103 | 19.3% |
| Total | 376 | 392 | 320 | 763 | 26.6% |
Top Export Markets for Article of Natural Cork from Belgium in 2022:
- United Kingdom (20.6 tons)
- France (16.9 tons)
- Italy (3.9 tons)
- Germany (3.2 tons)
- Netherlands (2.7 tons)
- Spain (2.5 tons)
- Poland (2.3 tons)
- Norway (1.5 tons)
- Lithuania (0.9 tons)
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In 2016, approx. X tons of natural cork were imported worldwide- lowering by -X% against the previous year level. In general, natural cork imports continue to indicate a relatively flat trend pa...
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In 2016, the amount of natural cork exported worldwide amounted to X tons, growing by X% against the previous year figure. Overall, natural cork exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rap
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Portugal dominates in the global natural and agglomerated cork article trade. In 2014, Portugal exported X thousand tons of natural and agglomerated cork articles totaling X billion USD, X% over the previous year. Its primary trading partner was
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In 2016, approx. X tons of natural cork were imported worldwide- lowering by -X% against the previous year level. In general, natural cork imports continue to indicate a relatively flat trend pa...
1698
In 2016, the amount of natural cork exported worldwide amounted to X tons, growing by X% against the previous year figure. Overall, natural cork exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rap
1128
Portugal dominates in the global natural and agglomerated cork article trade. In 2014, Portugal exported X thousand tons of natural and agglomerated cork articles totaling X billion USD, X% over the previous year. Its primary trading partner was
