Price for Cork; Natural Cork, Raw or Simply Prepared in Iran - 2022

Contents:

1. Price for Cork; Natural Cork, Raw or Simply Prepared in Iran (FOB) - 2022
2. Price for Cork; Natural Cork, Raw or Simply Prepared in Iran (CIF) - 2022
3. Exports of Cork; Natural Cork, Raw or Simply Prepared in Iran
4. Imports of Cork; Natural Cork, Raw or Simply Prepared in Iran

Price for Cork; Natural Cork, Raw or Simply Prepared in Iran (FOB) - 2022

In 2022, the average export price for cork; natural cork, raw or simply prepareds amounted to $1,693 per ton, rising by 9% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 81%. As a result, the export price attained the peak level of $3,644 per ton. From 2016 to 2022, the average export prices remained 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 Kuwait ($10,489 per ton), while the average price for exports to the United Arab Emirates totaled $663 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+15.9%), while the prices for the other major destinations experienced a decline.

Price for Cork; Natural Cork, Raw or Simply Prepared in Iran (CIF) - 2022

In 2022, the average import price for cork; natural cork, raw or simply prepareds amounted to $4,116 per ton, reducing by -48.8% against the previous year. Over the period under review, the import price saw a pronounced setback. The pace of growth appeared the most rapid in 2016 when the average import price increased by 35%. The import price peaked at $13,769 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($17,938 per ton), while the price for the United Arab Emirates totaled $4,011 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.7%).

Exports of Cork; Natural Cork, Raw or Simply Prepared in Iran

In 2022, shipments abroad of cork; natural cork, raw or simply prepareds increased by 7.1% to 39 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a dramatic downturn.

In value terms, exports of cork; natural cork, raw or simply prepareds soared to $67K in 2022. In general, exports, however, showed a dramatic slump.

Top Export Markets for Cork; Natural Cork, Raw or Simply Prepared from Iran in 2022:

1. United Arab Emirates (35.2 tons)
2. Kuwait (4.1 tons)

Imports of Cork; Natural Cork, Raw or Simply Prepared in Iran

For the fourth consecutive year, Iran recorded growth in supplies from abroad of cork; natural cork, raw or simply prepareds, which increased by 4,723% to 3.5 tons in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cork; natural cork, raw or simply prepareds surged to $14K in 2022. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Cork; Natural Cork, Raw or Simply Prepared to Iran in 2022:

1. United Arab Emirates (3.5 tons)

Source: IndexBox Market Intelligence Platform