Price for Article of Natural Cork in the United Arab Emirates - 2021
Contents:
- Price for Article of Natural Cork in the United Arab Emirates (FOB) - 2022
- Price for Article of Natural Cork in the United Arab Emirates (CIF) - 2022
- Exports of Article of Natural Cork in the United Arab Emirates
- Imports of Article of Natural Cork in the United Arab Emirates
Price for Article of Natural Cork in the United Arab Emirates (FOB) - 2022
The average article of natural cork export price stood at $6,055 per ton in 2022, growing by 4.2% against the previous year. Overall, the export price, however, showed a pronounced shrinkage. The pace of growth was the most pronounced in 2016 when the average export price increased by 250%. As a result, the export price reached the peak level of $46,514 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
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 Hungary ($54,475 per ton), while the average price for exports to Turkey ($364 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 Rwanda (-0.6%), while the prices for the other major destinations experienced a decline.
Price for Article of Natural Cork in the United Arab Emirates (CIF) - 2022
The average article of natural cork import price stood at $11,733 per ton in 2022, surging by 39% against the previous year. In general, the import price enjoyed a resilient increase. The pace of growth appeared the most rapid in 2014 an increase of 124% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.
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 Poland ($17,891 per ton), while the price for Portugal ($4,152 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Article of Natural Cork in the United Arab Emirates
In 2022, approx. 768 tons of articles of natural cork were exported from the United Arab Emirates; waning by -24.4% compared with the year before. Over the period under review, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 147% against the previous year. As a result, the exports attained the peak of 1K tons, and then shrank dramatically in the following year.
In value terms, article of natural cork exports fell rapidly to $4.6M in 2022. In general, exports recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of 74%. As a result, the exports reached the peak of $5.9M, and then contracted remarkably in the following year.
| Export of Article of Natural Cork in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | N/A | N/A | N/A | 1.2 | 0% |
| Norway | N/A | N/A | N/A | 0.6 | 0% |
| Rwanda | N/A | N/A | N/A | N/A | 0% |
| Oman | 4.8 | 2.9 | 5.2 | N/A | 4.1% |
| Saudi Arabia | 0.4 | 0.4 | 0.7 | N/A | 32.3% |
| Turkey | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | N/A | 2.9 | 438.5% |
| Total | 5.3 | 3.4 | 5.9 | 4.6 | -4.6% |
Top Export Markets for Article of Natural Cork from the United Arab Emirates in 2022:
- Norway (48.8 tons)
- Hungary (21.6 tons)
- Rwanda (7.9 tons)
- Turkey (2.4 tons)
Imports of Article of Natural Cork in the United Arab Emirates
In 2022, overseas purchases of articles of natural cork decreased by -36.4% to 45 tons, falling for the second consecutive year after two years of growth. Overall, imports faced a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 11% against the previous year. As a result, imports attained the peak of 81 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, article of natural cork imports reduced to $529K in 2022. The total import value increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. As a result, imports attained the peak of $598K, and then fell in the following year.
| Import of Article of Natural Cork in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1.5 | 4.2 | 0.2 | 69.8 | 259.7% |
| Turkey | 65.1 | 40.6 | 25.7 | 47.0 | -10.3% |
| Mauritius | N/A | N/A | 2.1 | 16.1 | 666.7% |
| Poland | 0.1 | 0.2 | 1.4 | 11.3 | 383.5% |
| Portugal | 1.5 | 6.0 | 16.2 | 10.6 | 91.9% |
| Hungary | N/A | N/A | N/A | 7.2 | 0% |
| Oman | 317 | 311 | 202 | N/A | -20.2% |
| Saudi Arabia | 23.1 | 34.6 | 75.7 | N/A | 81.0% |
| Others | 27.6 | 63.6 | 275 | 367 | 136.9% |
| Total | 436 | 460 | 598 | 529 | 6.7% |
Top Suppliers of Article of Natural Cork to the United Arab Emirates in 2022:
- Turkey (7.9 tons)
- Spain (6.0 tons)
- Portugal (2.5 tons)
- Mauritius (2.3 tons)
- Hungary (0.8 tons)
- Poland (0.6 tons)
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This report provides an in-depth analysis of the cork article market in the United Arab Emirates.
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This report provides an in-depth analysis of the global cork article market.
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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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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
2000
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...
1698
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
