Price for Article of Natural Cork in the Czech Republic - 2023
Contents:
- Price for Article of Natural Cork in the Czech Republic (CIF) - 2023
- Price for Article of Natural Cork in the Czech Republic (FOB) - 2022
- Imports of Article of Natural Cork in the Czech Republic
- Exports of Article of Natural Cork in the Czech Republic
Price for Article of Natural Cork in the Czech Republic (CIF) - 2023
The average article of natural cork import price stood at $18,960 per ton in July 2023, rising by 112% against the previous month. Overall, the import price enjoyed a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Portugal ($46,372 per ton), while the price for the Netherlands ($325 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Article of Natural Cork in the Czech Republic (FOB) - 2022
The average article of natural cork export price stood at $27,416 per ton in 2022, surging by 7.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2017 an increase of 30%. Over the period under review, the average export prices hit record highs at $33,052 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 Russia ($118,089 per ton), while the average price for exports to Hungary ($16,558 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 Russia (+26.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Article of Natural Cork in the Czech Republic
Article of natural cork imports into the Czech Republic shrank to 164 tons in 2022, falling by -7% against 2021 figures. Overall, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 77%.
In value terms, article of natural cork imports fell slightly to $1.5M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 41% against the previous year. As a result, imports attained the peak of $1.6M, and then contracted slightly in the following year.
| Import of Article of Natural Cork in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 423 | 411 | 701 | 426 | 0.2% |
| Germany | 184 | 129 | 162 | 324 | 20.8% |
| Poland | 77.8 | 158 | 134 | 235 | 44.6% |
| Austria | 178 | 197 | 141 | 185 | 1.3% |
| Slovakia | 87.1 | 89.8 | 111 | 174 | 25.9% |
| Spain | 17.5 | 27.1 | 150 | 61.8 | 52.3% |
| France | 72.5 | 49.5 | 64.7 | 41.1 | -17.2% |
| China | 164 | 13.5 | 14.9 | 6.4 | -66.1% |
| Sweden | 108 | 0.2 | 3.5 | N/A | -82.0% |
| Others | 73.5 | 32.3 | 77.1 | 85.5 | 5.2% |
| Total | 1,386 | 1,108 | 1,560 | 1,538 | 3.5% |
Top Suppliers of Article of Natural Cork to the Czech Republic in 2022:
- Poland (104.5 tons)
- Germany (15.7 tons)
- Portugal (13.2 tons)
- Slovakia (8.0 tons)
- Spain (6.8 tons)
- France (5.0 tons)
- Austria (2.8 tons)
- China (0.6 tons)
Exports of Article of Natural Cork in the Czech Republic
After three years of growth, overseas shipments of articles of natural cork decreased by -16.7% to 9.2 tons in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.6% 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 +28.2% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. As a result, the exports attained the peak of 11 tons, and then fell remarkably in the following year.
In value terms, article of natural cork exports fell to $253K in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.7% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 46% against the previous year. As a result, the exports reached the peak of $282K, and then dropped in the following year.
| Export of Article of Natural Cork in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 134 | 144 | 208 | 159 | 5.9% |
| Poland | 9.9 | 11.7 | 29.4 | 51.7 | 73.5% |
| Germany | 14.9 | 23.9 | 28.7 | 25.0 | 18.8% |
| Austria | 0.6 | 2.6 | 3.1 | 4.3 | 92.8% |
| Hungary | 0.3 | 0.4 | 1.3 | 3.2 | 120.1% |
| Others | 6.8 | 10.9 | 12.2 | 9.9 | 13.3% |
| Total | 167 | 194 | 282 | 253 | 14.9% |
Top Export Markets for Article of Natural Cork from the Czech Republic in 2022:
- Slovakia (6.1 tons)
- Germany (1.2 tons)
- Poland (1.1 tons)
- Austria (0.2 tons)
- Hungary (0.2 tons)
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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...
1696
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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Portugal dominates in the global natural and agglomerated cork article trade. In 2014, Portugal exported X thousand tons of natural and agglomerated cork articles totaling X billion USD, X% over the previous year. Its primary trading partner was
1999
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...
1696
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
1128
Portugal dominates in the global natural and agglomerated cork article trade. In 2014, Portugal exported X thousand tons of natural and agglomerated cork articles totaling X billion USD, X% over the previous year. Its primary trading partner was
