Price for Article of Natural Cork in Chile - 2023

Contents:

1. Price for Article of Natural Cork in Chile (CIF) - 2023
2. Price for Article of Natural Cork in Chile (FOB) - 2023
3. Imports of Article of Natural Cork in Chile
4. Exports of Article of Natural Cork in Chile

Price for Article of Natural Cork in Chile (CIF) - 2023

In July 2023, the average article of natural cork import price amounted to $19,998 per ton, surging by 24% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 51% m-o-m. Over the period under review, average import prices reached the peak figure at $29,042 per ton in November 2022; however, from December 2022 to July 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Portugal ($20,853 per ton), while the price for Spain amounted to $11,527 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+0.7%).

Price for Article of Natural Cork in Chile (FOB) - 2023

In July 2023, the average article of natural cork export price amounted to $44,629 per ton, picking up by 149% against the previous month. Over the period under review, the export price posted buoyant growth. The pace of growth was the most pronounced in December 2022 an increase of 155% m-o-m. The export price peaked at $94,702 per ton in January 2023; however, from February 2023 to July 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was the United States ($51,437 per ton), while the average price for exports to Argentina ($5,629 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Article of Natural Cork in Chile

In 2022, the amount of articles of natural cork imported into Chile dropped remarkably to 621 tons, shrinking by -44.3% compared with 2021 figures. Over the period under review, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. As a result, imports reached the peak of 1.1K tons, and then plummeted in the following year.

In value terms, article of natural cork imports declined remarkably to $16M in 2022. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 31%.

Top Suppliers of Article of Natural Cork to Chile in 2022:

1. Portugal (607.9 tons)
2. Spain (4.6 tons)

Exports of Article of Natural Cork in Chile

In 2022, article of natural cork exports from Chile skyrocketed to 19 tons, jumping by 46% compared with the year before. In general, exports, however, continue to indicate a perceptible contraction.

In value terms, article of natural cork exports soared to $623K in 2022. Over the period under review, exports, however, continue to indicate a deep contraction.

Top Export Markets for Article of Natural Cork from Chile in 2022:

1. Portugal (7.1 tons)
2. Peru (5.7 tons)
3. Argentina (2.8 tons)
4. Uruguay (2.4 tons)
5. Bolivia (0.4 tons)

Source: IndexBox Market Intelligence Platform