Price for Cork; Natural Cork, Raw or Simply Prepared in Algeria - 2022
Contents:
- Price for Cork; Natural Cork, Raw or Simply Prepared in Algeria (FOB) - 2022
- Exports of Cork; Natural Cork, Raw or Simply Prepared in Algeria
Price for Cork; Natural Cork, Raw or Simply Prepared in Algeria (FOB) - 2022
In 2022, the average export price for cork; natural cork, raw or simply prepareds amounted to $1,424 per ton, rising by 9.4% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cork; natural cork, raw or simply prepareds increased by +76.9% against 2013 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 18%. The export price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($1,613 per ton), while the average price for exports to India ($1,157 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 Spain (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Cork; Natural Cork, Raw or Simply Prepared in Algeria
For the fourth year in a row, Algeria recorded growth in overseas shipments of cork; natural cork, raw or simply prepareds, which increased by 121% to 240 tons in 2022. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cork; natural cork, raw or simply prepareds skyrocketed to $342K in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cork; Natural Cork, Raw or Simply Prepared in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 19.6 | 26.1 | 45.8 | 220 | 123.9% |
| Spain | 15.2 | 29.0 | 27.4 | 50.4 | 49.1% |
| India | 4.3 | 7.1 | 4.9 | 21.0 | 69.7% |
| Others | 19.6 | 28.9 | 63.5 | 50.4 | 37.0% |
| Total | 58.7 | 91.2 | 142 | 342 | 79.9% |
Top Export Markets for Cork; Natural Cork, Raw or Simply Prepared from Algeria in 2022:
- Portugal (159.2 tons)
- Spain (31.3 tons)
- India (18.1 tons)
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