Price for Article of Natural Cork in Finland - 2023
Contents:
- Price for Article of Natural Cork in Finland (CIF) - 2022
- Price for Article of Natural Cork in Finland (FOB) - 2022
- Imports of Article of Natural Cork in Finland
- Exports of Article of Natural Cork in Finland
Price for Article of Natural Cork in Finland (CIF) - 2022
The average article of natural cork import price stood at $15,100 per ton in 2022, picking up by 20% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 41% against the previous year. As a result, import price attained the peak level of $24,307 per ton. From 2018 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 Italy ($37,795 per ton), while the price for Sweden ($9,633 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Article of Natural Cork in Finland (FOB) - 2022
In 2022, the average article of natural cork export price amounted to $23,107 per ton, surging by 20% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 40%. Over the period under review, the average export prices reached the peak figure at $23,274 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($79,480 per ton), while the average price for exports to India ($8,509 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 Sweden (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Article of Natural Cork in Finland
In 2022, overseas purchases of articles of natural cork decreased by -14.6% to 36 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.3% 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 2021 with an increase of 24%. As a result, imports attained the peak of 42 tons, and then contracted in the following year.
In value terms, article of natural cork imports reached $543K in 2022. The total import value increased at an average annual rate of +7.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 12%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Article of Natural Cork in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 216 | 218 | 203 | 236 | 3.0% |
| Sweden | 42.8 | 158 | 201 | 161 | 55.5% |
| Italy | N/A | 4.0 | 36.1 | 61.3 | 291.5% |
| China | 55.6 | 59.5 | 44.6 | 38.6 | -11.5% |
| Switzerland | 0.4 | N/A | 0.1 | 23.2 | 287.1% |
| Lithuania | 98.0 | N/A | N/A | N/A | 0% |
| Others | 25.8 | 32.2 | 43.3 | 23.4 | -3.2% |
| Total | 439 | 472 | 528 | 543 | 7.3% |
Top Suppliers of Article of Natural Cork to Finland in 2022:
- Sweden (16.7 tons)
- Portugal (12.1 tons)
- China (3.8 tons)
- Italy (1.6 tons)
- Switzerland (0.8 tons)
Exports of Article of Natural Cork in Finland
In 2022, after three years of growth, there was decline in overseas shipments of articles of natural cork, when their volume decreased by -4.3% to 1.1 tons. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +24.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 51%.
In value terms, article of natural cork exports expanded rapidly to $26K in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 85%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Article of Natural Cork in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 4.7 | 5.2 | 7.1 | 9.0 | 24.2% |
| Latvia | 0.6 | 3.5 | 5.1 | 5.8 | 113.0% |
| Canada | 0.1 | 0.2 | 2.9 | 3.4 | 224.0% |
| Russia | 4.3 | 1.9 | 1.8 | 2.0 | -22.5% |
| Austria | N/A | N/A | 0.1 | 1.1 | 1000.0% |
| Sweden | 0.7 | 0.6 | 1.0 | 1.0 | 12.6% |
| United Arab Emirates | 1.0 | N/A | N/A | 0.2 | -41.5% |
| Lithuania | 0.9 | N/A | 0.2 | N/A | -52.9% |
| Others | 1.1 | 1.0 | 4.9 | 4.0 | 53.8% |
| Total | 13.4 | 12.5 | 23.1 | 26.5 | 25.5% |
Top Export Markets for Article of Natural Cork from Finland in 2022:
- Estonia (558.0 kg)
- Latvia (379.0 kg)
- Canada (43.0 kg)
- Russia (38.0 kg)
- Sweden (26.0 kg)
- Austria (18.0 kg)
- United Arab Emirates (7.0 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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