Price for Article of Natural Cork in Jordan - 2022

Contents:

  1. Price for Article of Natural Cork in Jordan (CIF) - 2022
  2. Price for Article of Natural Cork in Jordan (FOB) - 2022
  3. Imports of Article of Natural Cork in Jordan
  4. Exports of Article of Natural Cork in Jordan

Price for Article of Natural Cork in Jordan (CIF) - 2022

In 2022, the average article of natural cork import price amounted to $135,425 per ton, growing by 267% against the previous year. Over the period under review, the import price continues to indicate a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($185,636 per ton), while the price for Portugal amounted to $134,503 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-1.4%), while the prices for the other major suppliers experienced a decline.

Price for Article of Natural Cork in Jordan (FOB) - 2022

The average article of natural cork export price stood at $36,113 per ton in 2022, picking up by 352% against the previous year. In general, the export price posted prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($54,054 per ton), while the average price for exports to Kuwait totaled $30,077 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+2.3%), while the prices for the other major destinations experienced a decline.

Imports of Article of Natural Cork in Jordan

Article of natural cork imports into Jordan soared to 610 kg in 2022, jumping by 417% against 2021. Overall, imports, however, saw a deep setback.

In value terms, article of natural cork imports surged to $83K in 2022. In general, imports recorded a notable expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Article of Natural Cork in Jordan (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Portugal18.40.680.6109.3%
United Kingdom1.3N/A2.024.0%
China0.2N/AN/A0%
Germany17.90.6N/A-96.6%
United Arab Emirates4.02.5N/A-37.5%
Saudi Arabia11.0N/AN/A0%
Turkey0.9N/AN/A0%
Others21.90.6N/A-97.3%
Total75.54.482.64.6%

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

  1. Portugal (599.0 kg)
  2. United Kingdom (11.0 kg)

Exports of Article of Natural Cork in Jordan

In 2022, shipments abroad of articles of natural cork decreased by -79% to 142 kg, falling for the second consecutive year after two years of growth. In general, exports showed a dramatic decline. The growth pace was the most rapid in 2020 with an increase of 554%. As a result, the exports attained the peak of 3.1 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, article of natural cork exports fell to $5.1K in 2022. Overall, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by 492% against the previous year. As a result, the exports reached the peak of $21K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Article of Natural Cork in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kuwait1.73.51.33.122.2%
QatarN/AN/AN/A2.00%
Saudi Arabia1.516.74.0N/A63.3%
Bahrain0.30.50.1N/A-42.3%
OthersN/AN/AN/AN/A0%
Total3.520.75.45.113.4%

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

  1. Kuwait (104.0 kg)
  2. Qatar (37.0 kg)

Source: IndexBox Market Intelligence Platform

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