Price for Cork; Natural Cork, Raw or Simply Prepared in Canada - 2024
Contents:
- Price for Cork; Natural Cork, Raw or Simply Prepared in Canada (CIF) - 2022
- Price for Cork; Natural Cork, Raw or Simply Prepared in Canada (FOB) - 2022
- Imports of Cork; Natural Cork, Raw or Simply Prepared in Canada
- Exports of Cork; Natural Cork, Raw or Simply Prepared in Canada
Price for Cork; Natural Cork, Raw or Simply Prepared in Canada (CIF) - 2022
The average import price for cork; natural cork, raw or simply prepareds stood at $2,876 per ton in 2022, surging by 11% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($2,878 per ton) and Portugal ($2,876 per ton), while the price for China ($2,500 per ton) and Spain ($2,876 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cork; Natural Cork, Raw or Simply Prepared in Canada (FOB) - 2022
The average export price for cork; natural cork, raw or simply prepareds stood at $2,956 per ton in 2022, with an increase of 8% against the previous year. Over the period under review, the export price showed temperate growth. The pace of growth appeared the most rapid in 2016 an increase of 79% against the previous year. As a result, the export price attained the peak level of $8,290 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($2,959 per ton), while the average price for exports to the United States amounted to $2,957 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cork; Natural Cork, Raw or Simply Prepared in Canada
In 2022, purchases abroad of cork; natural cork, raw or simply prepareds decreased by -52% to 18 tons, falling for the second year in a row after two years of growth. In general, imports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2020 with an increase of 244% against the previous year. As a result, imports attained the peak of 39 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cork; natural cork, raw or simply prepareds contracted dramatically to $52K in 2022. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 277%. As a result, imports reached the peak of $102K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cork; Natural Cork, Raw or Simply Prepared in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 15.6 | 91.2 | 29.8 | 25.8 | 18.3% |
| Spain | 6.2 | 7.2 | 30.1 | 24.4 | 57.9% |
| United States | 1.6 | 1.4 | 2.6 | 1.7 | 2.0% |
| Switzerland | N/A | N/A | 33.1 | N/A | 0% |
| China | 3.5 | N/A | 0.4 | N/A | -66.2% |
| Others | 0.1 | 2.2 | 1.4 | 0.2 | 26.0% |
| Total | 27.0 | 102 | 97.4 | 52.1 | 24.5% |
Top Suppliers of Cork; Natural Cork, Raw or Simply Prepared to Canada in 2022:
- Portugal (9.0 tons)
- Spain (8.5 tons)
- United States (0.6 tons)
Exports of Cork; Natural Cork, Raw or Simply Prepared in Canada
After three years of growth, overseas shipments of cork; natural cork, raw or simply prepareds decreased by -81.5% to 1.4 tons in 2022. In general, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 367%. As a result, the exports attained the peak of 7.7 tons, and then reduced remarkably in the following year.
In value terms, exports of cork; natural cork, raw or simply prepareds contracted remarkably to $4.2K in 2022. Overall, exports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2021 when exports increased by 416% against the previous year. As a result, the exports attained the peak of $21K, and then fell remarkably in the following year.
| Export of Cork; Natural Cork, Raw or Simply Prepared in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.9 | 3.1 | 16.3 | 4.0 | 11.3% |
| New Zealand | N/A | N/A | N/A | 0.2 | 0% |
| Poland | N/A | 0.9 | N/A | N/A | 0% |
| Mexico | N/A | N/A | 4.6 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.9 | 4.1 | 21.0 | 4.2 | 13.1% |
Top Export Markets for Cork; Natural Cork, Raw or Simply Prepared from Canada in 2022:
- United States (1343.0 kg)
- New Zealand (73.0 kg)
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