Price for Article of Natural Cork in Egypt - 2023
Contents:
- Price for Article of Natural Cork in Egypt (CIF) - 2022
- Price for Article of Natural Cork in Egypt (FOB) - 2022
- Imports of Article of Natural Cork in Egypt
- Exports of Article of Natural Cork in Egypt
Price for Article of Natural Cork in Egypt (CIF) - 2022
In 2022, the average article of natural cork import price amounted to $27,242 per ton, remaining constant against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, article of natural cork import price decreased by -14.1% against 2020 indices. The growth pace was the most rapid in 2014 when the average import price increased by 66% against the previous year. The import price peaked at $31,724 per ton in 2020; however, from 2021 to 2022, 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 Spain ($29,130 per ton), while the price for Turkey ($9,529 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Article of Natural Cork in Egypt (FOB) - 2022
The average article of natural cork export price stood at $12,068 per ton in 2022, falling by -55.1% against the previous year. In general, the export price recorded a pronounced descent. The growth pace was the most rapid in 2020 when the average export price increased by 68%. The export price peaked at $26,872 per ton in 2021, and then declined dramatically in the following year.
As there is only one major export destination, the average price level is determined by prices for Sudan.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +33.2% per year.
Imports of Article of Natural Cork in Egypt
In 2022, article of natural cork imports into Egypt expanded remarkably to 4.1 tons, picking up by 5.7% against the previous year's figure. Overall, imports, however, showed a significant decline.
In value terms, article of natural cork imports rose rapidly to $111K in 2022. In general, imports, however, showed a sharp decline.
| Import of Article of Natural Cork in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 68.8 | 48.2 | 41.5 | 79.0 | 4.7% |
| United States | N/A | N/A | N/A | 12.3 | 0% |
| Portugal | 194 | 29.0 | 0.3 | 10.1 | -62.7% |
| Spain | N/A | N/A | N/A | 7.1 | 0% |
| Turkey | 12.3 | N/A | N/A | 1.5 | -50.4% |
| United Arab Emirates | 69.2 | 41.4 | 60.5 | N/A | -6.5% |
| Others | 2.1 | 0.6 | 2.3 | 0.5 | -38.0% |
| Total | 346 | 119 | 105 | 111 | -31.5% |
Top Suppliers of Article of Natural Cork to Egypt in 2022:
- France (2713.0 kg)
- United States (559.0 kg)
- Portugal (364.0 kg)
- Spain (245.0 kg)
- Turkey (161.0 kg)
Exports of Article of Natural Cork in Egypt
In 2022, overseas shipments of articles of natural cork decreased by -99.8% to 61 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a sharp setback. The growth pace was the most rapid in 2020 when exports increased by 1,296% against the previous year.
In value terms, article of natural cork exports declined markedly to $741 in 2022. Overall, exports recorded a precipitous slump. The pace of growth was the most pronounced in 2020 when exports increased by 2,239%.
| Export of Article of Natural Cork in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sudan | N/A | 46.7 | N/A | 0.7 | -87.8% |
| Spain | 12.1 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 2.3 | 286 | 663 | N/A | 1597.8% |
| Others | N/A | 5.5 | N/A | N/A | 0% |
| Total | 14.5 | 338 | 663 | 0.7 | -63.6% |
Top Export Markets for Article of Natural Cork from Egypt in 2022:
- Sudan (61.0 kg)
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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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