Price for Article of Natural Cork in Slovenia - 2023

Contents:

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

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

The average article of natural cork import price stood at $37,405 per ton in 2022, jumping by 37% against the previous year. Over the period under review, the import price enjoyed pronounced growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 49% against the previous year. The import price peaked at $54,146 per ton in 2020; however, from 2021 to 2022, import prices remained at a 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 Austria ($80,871 per ton), while the price for China ($5,900 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average article of natural cork export price amounted to $7,434 per ton, growing by 37% against the previous year. In general, the export price, however, recorded a deep slump. The growth pace was the most rapid in 2017 an increase of 121%. Over the period under review, the average export prices hit record highs at $26,197 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($17,509 per ton), while the average price for exports to Hungary ($5,041 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 Croatia (+10.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Article of Natural Cork in Slovenia

In 2022, approx. 27 tons of articles of natural cork were imported into Slovenia; shrinking by -19.2% against 2021 figures. Over the period under review, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 16%.

In value terms, article of natural cork imports totaled $1M in 2022. In general, imports showed a abrupt shrinkage.

Import of Article of Natural Cork in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria23718019035514.4%
Portugal11915428735343.7%
Italy1,0551,024189223-40.4%
China16.353.210462.056.1%
Germany15.911.316.413.9-4.4%
NetherlandsN/A1.31.16.6125.3%
Others78.216413510.7-48.5%
Total1,5211,5879231,024-12.4%

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

  1. China (10.5 tons)
  2. Portugal (5.5 tons)
  3. Austria (4.4 tons)
  4. Italy (3.8 tons)
  5. Germany (1.8 tons)
  6. Netherlands (0.6 tons)

Exports of Article of Natural Cork in Slovenia

In 2022, after three years of growth, there was significant decline in overseas shipments of articles of natural cork, when their volume decreased by -54% to 14 tons. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 267% against the previous year.

In value terms, article of natural cork exports dropped rapidly to $104K in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 88%. As a result, the exports attained the peak of $164K, and then reduced sharply in the following year.

Export of Article of Natural Cork in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HungaryN/A44.586.754.310.5%
North Macedonia8.64.83.615.220.9%
Croatia18.011.17.614.5-7.0%
Bosnia and Herzegovina7.89.42.911.012.1%
Italy12.31.31.00.8-59.8%
NigeriaN/AN/A30.8N/A0%
Others4.616.531.87.919.8%
Total51.487.616410426.5%

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

  1. Italy (undefined tons)
  2. Hungary (10.8 tons)
  3. North Macedonia (1.1 tons)
  4. Bosnia and Herzegovina (0.9 tons)
  5. Croatia (0.8 tons)

Source: IndexBox Market Intelligence Platform

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